Activating, Innovating, Elevating The View From 30,000 Feet

1. Activating, Innovating, Elevating The View From 30,000 Feet San Diego FAITH COMMUNITY YIGBY HOUSING PLAN Yes In God’s Back Yard

2. The Need continues to Grow…The TotalNUMBER OF chronic, MOSTVULNERABLEHomeless HasTripled Since 2014! Unsheltered Chronic Homeless Population in San Diego County (3071Total) (2450 Total) (1708 Total) *HUD Definition of Chronic Homelessness became more rigorous in 2016

3. CURRENT AFFORDABLE HOUSING MODEL Opportunity for More Affordable Housing? Current “Tax Credit” System • Very competitive, complicated, slow process • Must add expensive “bells & whistles” to win $$ • Time consuming applications for multiple sources • Takes years to develop financing package • Real estate made more expensive by delays Results

4. Opportunity for More Affordable Housing? Every World Religion Has a Call to Aid the Vulnerable • Built–in Desire to Help with Homeless & Housing Crisis Response • No more Backpacks, Blankets, PBJ Sandwiches Want to help at a more Sustainable Level • Know that Mobile Showers & Tents are NOT Real Answers Results – CURRENT FAITH COMMUNITY EFFORTS

5. Synergy? Yes In God’s Back Yard!BuildING elevated Multi-Family OVER SURFACE Parking Faith Community Residential Housing Built ABOVE Surface Parking • THE FAITH COMMUNITY HOLDS ACRES OF LAND ALREADY "OWNED & ZONED" • Innovative Modular Housing built on podium so new or existing surface parking is still available • Construction cost estimates range between $125K and $150K per unit (including podium!) • Places of Worship may choose to Develop, Ground Lease to Developer, or opt in as Equity Partners • Operation Options - Master Lease to Service Provider, one rent check for all units or hire Manager • Finance & Construction Options - Conventional financing, secured by Equity or Rental Income • Rental Income from Housing will be sufficient to fully amortize loan in 15-20 years or less

6. The San Diego Faith Community Presents Escaping the Cognitive Rut Thinking Beyond the Current Paradigm • The NIBMYs - Not In My Back Yard, build somewhere else or not at all • The YIMBYs - Yes In My Back Yard, build at any cost regardless of community concerns or property rights Introducing The Faith Community’s Third Option – The YIGBYs Yes In GOD’s Back Yard! THE THIRD OPTION IN THE HOUSING CRISIS CONVERSATION The YIGBYs

7. Faith Community “yigby HOUSING Plan” 360 Degrees of BLessings Benefits for Housing Development • No Land Acquisition Cost or Delay • Private or Institutional Equity Financing & Modular Build = 50% LESS Time & Cost than Tax Credit Financing with Traditional Build • Available 6-9 months after land use approval • 3000 UNITS OF AFFORDABLE HOUSING POSSIBLE BY 2020, or EARLIER… • If just 10% of our 1100 “Religious Use” Parcels build an avg of 30 units each Parkside Apartments & East Village Community Church New Sanctuary, Community Room, Offices & 77 Units 2009 - Wakeland Housing, San Diego, CA

8. Faith Community “YIGBY Housing Plan” 360 DegreeS OF BLessings • Benefits for Faith Community • Opportunity to make meaningful contribution to END Homelessness & address Housing Crisis • Retain control of parking and add value in Housing • Gain sustainable Rental Revenue with Housing • Residents managed by Service Providers specializing in vulnerable populations • Landlord functions may be contracted through Master Leasing to Service Providers East Melbourne Australia Memorial Church Modular Make-over adding 11 Units - 2005

9. YIGBYHousing Plan Phase OneSMART Goals YIGBY Housing Plan SMART Goals 90 Day Phase One - April 1st to June 30th Identify 20 Faith Community properties, from the list of over 1,000 in San Diego County, to serve as the sample, Proof of Concept group advancing through basic Multi-family Housing Development steps, including initial due diligence, design, finance, permitting & construction bidding, gathering data for YIGBY Housing Toolkit.

10. YIGBYHousing Plan Phase OneSMART GoalObjectives YIGBY Housing Plan Objectives Steps to Achieve SMART Goals 90 Day Phase One - April 1st to June 30th Conduct 8-12 Listening Tour/Appreciative Inquiry Meetings with:   • Faith Community Landholders - to identify 20 Religious Use properties as potential housing sites, narrow to 12 best locations for feasibility evaluations, cost estimates & land use issues • Community Group Stakeholders - to discuss shared goals and expectations of potential housing developments in advance of approval process • Development Services Leadership - to establish clarity on Religious Use landuse definition and certainty on impact that may have on various zoning designations and permitting fees

11. YIGBYHousing Plan Phase OneSMART GoalOUTCOMES YIGBY Housing Plan Outcomes Measurable Impact of SMART Goals 90 Day Phase One - April 1st to June 30th • Build Community Consensus – Gather endorsements of Community Groups & Candidates for YIGBY Housing Plan • Perform Initial Due Diligence for 12 Faith Community parcels– From sample group of 20, determine buildability, including Seismic, Zoning, Planning, Land use • Produce prototype Proformas for Feasibility – Identify design & construction costs, financing for specific Innovative Housing projects • Draft Toolkit to Scale YIGBY Housing Plan – Organize lessons learned to streamline the process for future Faith Community projects

12. QUESTIONS? For More Information Please Contact: Ellen Stone – ellen@tinyhomecentral.org Tom Theisen – tomtjd@yahoo.com Monica Ball – mbrealestate@cox.net YIGBY HOUSING PLAN Yes In God’s Back Yard