1 / 16

Kurt Creager

Creating Complete Communities: Equitable Development Policy and Practice. HOUSING + TRANSIT Connecting Affordable Homes to Transit Oriented Development in the Austin Region University of Texas at Austin Austin, TX 21 October 2011. Kurt Creager. Equitable Housing & Transit Policy Issues

anne
Download Presentation

Kurt Creager

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Creating Complete Communities: Equitable Development Policy and Practice HOUSING + TRANSIT Connecting Affordable Homes to Transit Oriented Development in the Austin Region University of Texas at Austin Austin, TX 21 October 2011 Kurt Creager

  2. Equitable Housing & Transit Policy Issues • Environmental Justice • Social Inclusion • Economic Mobility • Access and Linkage to Opportunity • Regional Economic Sustainability

  3. Combined Transportation & Housing Costs by Income in Austin/Travis County • less than 45% • more than 45% • Austin Average 43.8% • Travis County Average 46.6% • Housing Costs factored as a percent of income has widely been utilized as a measure of affordability. Traditionally, a home is considered affordable when the costs consume no more than 30% of household income. • Center for Neighborhood Technology: H+T Affordability Index

  4. Combined Transportation & Housing Costs by Income in Phoenix/Maricopa County • less than 45% • more than 45% • Phoenix Average 46.9% • Maricopa County Average 50.1% • Housing Costs factored as a percent of income has widely been utilized as a measure of affordability. Traditionally, a home is considered affordable when the costs consume no more than 30% of household income. • Center for Neighborhood Technology: H+T Affordability Index

  5. Combined Transportation & Housing Costs by Income in Dallas/Dallas County • less than 45% • more than 45% • Dallas Average 41.8% • Dallas County Average 43.8% • Housing Costs factored as a percent of income has widely been utilized as a measure of affordability. Traditionally, a home is considered affordable when the costs consume no more than 30% of household income. • Center for Neighborhood Technology: H+T Affordability Index

  6. Combined Transportation & Housing Costs by Income in Houston/Harris County • less than 45% • more than 45% • Houston Average 42.7% • Harris County Average 45.9% • Housing Costs factored as a percent of income has widely been utilized as a measure of affordability. Traditionally, a home is considered affordable when the costs consume no more than 30% of household income. • Center for Neighborhood Technology: H+T Affordability Index

  7. Combined Transportation & Housing Costs by Income in Portland/Multnomah County Oregon • less than 45% • more than 45% • Portland Average 44.4% • Multnomah County Average 45.6% • Housing Costs factored as a percent of income has widely been utilized as a measure of affordability. Traditionally, a home is considered affordable when the costs consume no more than 30% of household income. • Center for Neighborhood Technology: H+T Affordability Index

  8. Transportation and Household Expenses • Transportation related costs make up a significant share of household expenditures, particularly for lower-income households and those located in neighborhoods with limited access to transit • Source: Center for TOD Housing + Transportation Affordability Index, 2004 Bureau of Labor Statistics

  9. Cultural Generation Gap Analysis

  10. Cultural Generation Gap Analysis Leading States

  11. Transit Rich* Neighborhoods Observed • Whether caused by displacement or • replacement or some combination of the two, • the result is much the same: the gentrified • neighborhood is more expensive and populated • by higher-income residents. • - Transit utilization fell in over half of the TRNs studied, while private auto ownership increased • Median family income rose in 9 of 10 newly served TRNs and homeownership rates increased at the expense of rental tenure • Incomes increased by at least 20 % in over half the newly served TRNs • Racial and ethnic composition did not significantly change in newly served TRNs • * 3,300 Neighborhoods served by fixed guide way transit stations were evaluated & compared for demographic and transit utilization changes • NORTHEASTERN UNIVERSITY: DUKAKIS CENTER FOR URBAN & REGIONAL POLICY

  12. Principles of Equitable Development Vital; mixed use with abundant urban open space and amenities promotes active living. Unique place types should respect local & regional qualities. Inclusive; 25%-40% affordable with a mix of incomes and uses to live, work, play & learn creates linkage for people to opportunities and choices. Accessible; barrier free and affirming to families, elders and people with disabilities. Sustainable; best practices in energy and environmental design. Affordable and cost effective for the economic life of the property.

  13. Equitable Transit Oriented Development Practice: Eastside Village Plano Texas • - 234 unit Mixed use “Transit Village” on DART line; studio, one, and two bedroom market rate rental apartments @ 65 d.u. / acre • Turnkey dual use parking garage with 5 levels of structured Parking; 351 in garage, 47 surface. 1.7 car / d.u. • - $17.7 million TDC; the City of Plano credited $2,000,000 against land transferred by DART to Plano and leased the site to the developer for 70 years with a Lease Escalator tied to NOI. Off-site infrastructure and fees paid by developer were credited against rent the 1st and 2nd year.

  14. Equitable Transit Oriented Development Practice: Holly Street Village Pasadena California • -Mixed Income (20 % BMR Rental with PBRA) • -Adaptive reuse & preservation of Pasadena Hall of Justice • 168 one bedroom, (190) two and three bedroom apartments, and (16) lofts within the renovated Hall of Justice. 11,000 square feet of ground floor retail gross density 55 D.U. / AC. • $56 million TDC funded with $6.9 million in low interest loans underwritten by the city and $7.2 million in tax exempt bonds issued by the Pasadena Redevelopment Agency. • Built over LRT Station platform; Gold Line to Los Angeles Union Station • -Arts District destination neighborhood • -Strong urban submarket with 97% occupancy

  15. Equitable Transit Oriented Development Practice: Esther Short Commons, Vancouver, Washington • -160 mixed income units: 75% below 60% AMI; 13% market rate & 12% extremely low income • 20,000 square feet of commercial space • Adjacent to bus transit center • Minimal surface parking at .63 spaces/unit • 95% occupancy maintained five years after completion • Public housing authority served as the managing general partner and co-developer with retail investor • HUD Secretary-AIA Award for best Urban Mixed Use project in the USA in 1995

  16. Where do we go from here? • …if sustainable urbanism is "not directed by and toward principles of equity, then they will almost certainly end up reinforcing patterns of eco-apartheid“… • Andrew Ross: Bird on Fire Oxford University Press 2011

More Related