prepared for the vt affordable housing coalition, 2/8/2012 leslie black-plumeau vermont housing...

Chittenden County’s Housing Needs

Prepared for the VT Affordable Housing Coalition, 2/8/2012Leslie Black-Plumeau

Vermont Housing Finance Agency

Chittenden County ECOS Project

HUD’s Sustainable Communities Grant Program - Mission

To create strong, sustainable communities by connecting housing to jobs, fostering local innovation, and helping to build a clean energy economy.


Background: HUD’s Sustainable Communities Grant ProgramECOS project in Chittenden County

Other VT projects : Burlington’s waterfront and downtown areas

Two Rivers-Ottauquechee to begin in 2012

Northwest Vermont to begin in 2012


ECOS project phasesGoals

Analysis

Indicators

Implementation Priorities

Implementation Actions


Analysis reports finalizedHousing Econom

ic

Land use and transportatio

n

Natural resources

Energy Public health


Housing analysis scopeHousing choice fairness

Housing affordability

Characteristics and location of homes

Growth of housing stock


Housing choice500 people homeless during last 1-night

count, illustrating problems in both access to housing and housing affordability.

Growing populations of non-white residents and single-parent families, but they’re more likely to experience poverty and less likely to become homeowners.


Growing population of non-whites

0200400600800

100012001400

2000 2010


Housing choice: Homeownership rate by race67%

21%

44% 49%

29% 29%

43%


Affordability

Renters Owners

6,000

4,000

Households spending more than half of their income for

housing


Building Features: Year built

2000 or later

1990 to 1999

1980 to 1989

1960 to 1979

1940 to 1959

1939 or earlier

0%

10%

20%

30%

40%Owner

Renter

Widespread use of lead paint, out-dated heating systems, built prior to ADA

Location: Housing Chittenden’s workforceWhere do Chittenden workers live?

68% Chittenden8% Franklin5% Washington5% Addison

Housing costs are a problem for surveyed employers

Turnover costs: $13,700Employers lost an average of 2.46 recruits

during the past 3 years due to housing.


Location: Percentage of workers commuting 25+ miles

Burlin

gton

S. Bur

lingt

on

Essex

Will

isto

n

Colch

este

r 0%

5%

10%

15%

20%

25%

30%


LocationExcept for in Burlington, Winooski and a few other areas, average working resident spends more than 45% of income for housing and transportation.

Less than 45%

45% and Greater


Growth, 2010-2015Modest expected pop. growth and rental

demand will likely require stepping up rental housing production.

Will need roughly 200 more rental homes per year to meet demand—about 40-50 more than created in prior years.

Enough owned homes already in planning.


Housing Needs Assessment reports www.vhfa.org/resources/publications

Or email request to [email protected]


ECOS project phasesGoals

Analysis

Indicators (Current phase)

Implementation Priorities

Implementation Actions


Measuring successTwo ways to help set measures of progress

in Chittenden County:

1. Public meeting on housing indicators at VHFA’s offices (164 St. Paul Street, Burlington) on Thursday, Feb. 16th , 2-4pm.

2. Provide written comments on draft indicators on-line: http://ecosproject.com/indicator-report

prepared for the vt affordable housing coalition, 2/8/2012 leslie black-plumeau vermont housing...

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