twin cities compass - cura · what is the biggest gap in elementary school test scores? a.race:...

Housing and other important issues in ourregion

Craig Helmstetter

University of MinnesotaCURA Housing Forum

December 2008

Twin Cities Compass

Funders

Bush Foundation Greater Twin Cities United Way The McKnight Foundation The Minneapolis Foundation The Saint Paul Foundation 3M Foundation St. Paul Travelers Foundation Wells Fargo Foundation Amherst H. Wilder Foundation

Current organizational partners

Itasca Project Greater Twin Cities United Way Citizens League Twin Cities Public Television

Volunteers

300+ Nine topic committees

– Civic Engagement– Early Childhood– Economy & Workforce– Education

– Environment

Disparities Advisory Committee Technical Advisory Committee Communications Advisory Committee Governance Committee

– Health– Housing– Public Safety

– Transportation

Co-conveners

Civic Engagement– Sean Kershaw, Citizens League

Early Childhood– Barbara Yates,

Minnesota Early Learning Foundation

Economy and Workforce– Michael Gorman,

Split Rock Partners

Education– Commissioner Alice Seagren,

Minnesota Department of Education

Environment– Steve Morse,

Minnesota Environmental Partnership

Health– Mary Brainerd, HealthPartners

Housing– Commissioner Timothy Marx,

Minnesota Housing Finance Agency

Public Safety– Tom Johnson,

Council on Crime and Justice

Transportation– Robert Johns,

Center for Transportation Studies

Disparities– Sandra L. Vargas,

Minneapolis Foundation

Good intentions +

No common base of information =

Inefficient decisions

Good intentions +

Sound, credible information +

Common sense of purpose =

Productive decisionsfor a strong region

What is your familiarity with Twin CitiesCompass website (www.tccompass.org)?

A. I visit it oftenB. I have been there a couple of timesC. I haven’t visited the site – yet

Twin Cities Compass housing 101 final exam, fall semester 2008

Question 1 (extra credit)

What is your familiarity with Twin CitiesCompass website (www.tccompass.org)?

A. I visit it often (full credit)B. I have been there a couple of times

(half credit)C. I haven’t visited the site – yet

Twin Cities Compass housing 101 final exam, fall semester 2008

Question 1 (extra credit)

Context

Growth of suburban areas Diversity Aging Faltering economy

Growth of suburban areas

Increasing diversity

Aging

The region’s White population is older

The region’s population Of Coloris younger

The younger the age group, the higher theproportion that is Of Color

Median income

Income is strong relative to the nation

PovertyLower poverty rate than nation – but notfor people Of Color

Poverty

Fairly economically segregated

Economic output

Growth rate lags the nation

What are the key barometers of housing in theTwin Cities?

A. Median home sales priceB. Building permitsC. Number homelessD. Number of foreclosuresE. Proportion housing cost burdenedF. Homeownership rate – actually ownership gapG. Apartment vacancy ratesH. None of these / something else

TCC housing 101 final exam, fall semester 2008

Question 2

What are the key barometers of housing in theTwin Cities?

A. Median home sales priceB. Building permitsC. Number homelessD. Number of foreclosuresE. Proportion housing cost burdenedF. Homeownership rate – actually ownership gapG. Apartment vacancy ratesH. None of these / something else


Question 2

The Twin Cities have a lower rate ofcost-burdened households than thenation as a whole?

A. TrueB. False


Question 3

The Twin Cities have a lower rate ofcost-burdened households than thenation as a whole?

A. True (technically) – full creditB. False (practically) – also full credit


Question 3

Cost-burdened householdsBurdens have increased and caught upto nation

Cost-burdened householdsLow-income households most likely tobe cost-burdened

Note: Median family income = $61,500 for a 4-person family in 2008 ($43,030 for 1 person)

Cost-burdened householdsSingle-parent family households mostlikely to be cost-burdened

Compared to the 25 largest metro areas inthe nation, the homeownership rate in theTwin Cities ranks in the…

A. Top 5 (highest ownership)B. 6-10C. 11-20D. 20-25 (lowest ownership)


Question 4

Compared to the 25 largest metro areas inthe nation, the homeownership rate in theTwin Cities ranks in the…



Question 4

Compared to the 25 largest metro areas in thenation, the homeownership rate FORHOUSEHOLDS HEADED BY PERSONS OF COLORranks in the…



Question 5

Compared to the 25 largest metro areas in thenation, the homeownership rate FORHOUSEHOLDS HEADED BY PERSONS OFCOLOR ranks in the…



Question 5

Homeownership gapWhites are much more likely to own theirhomes

Homeownership gapWhite-Of Color gap is bigger herethan nationally

Homeownership gapTwin Cities’ gap is among the biggest ofall metro areas

Homeownership gap

1. San Bernardino, CA 10.9%

5. Seattle, WA 18.4%

10. Houston, TX 21.5%

15. Atlanta, GA 24.8%

23. MINNEAPOLIS- ST. PAUL, MN-WI 34.8%(13 county)

On any given night about 1 in every _____Twin Cities residents is homeless.

A. 1 in every 1,000B. 1 in every 500C. 1 in every 200D. 1 in every 100


Question 6

On any given night about 1 in every _____Twin Cities residents is homeless.



Question 6

Homeless persons

Homelessness persists

On any given night about 1 in every 500 TwinCities residents is homeless. What is the ratefor African Americans in the Twin Cities?



Question 7

On any given night about 1 in every 500 TwinCities residents is homeless. What is the ratefor African Americans in the Twin Cities?



Question 7

Homeless personsHomelessness is far more likely amongpopulations Of Color

Homeless personsCounty-funded shelters are operatingat full capacity

Source: Hennepin County, Ramsey County, and Wilder Research (Minnesota’s HMIS).

What is the biggest gap in elementary schooltest scores?

A. Race: Between White students and students OfColor

B. Income: Between poor students and students whoare not poor

C. Mobility: Between students who stay in the sameschool and students who move around

D. Gender: Between Boys and Girls


Question 8

What is the biggest gap in elementary schooltest scores?

A. Race: Between White students and students OfColor

B. Income: Between poor students and students whoare not poor

C. Mobility: Between students who stay in the sameschool and students who move around

D. Gender: Between Boys and Girls


Question 8

3rd Grade ReadingMobility impacts performance inelementary school

11th Grade MathMobility also impacts performance inHigh School

How has the foreclosure crisis impacted theTwin Cities?

A. Not muchB. SomewhatC. I can’t believe this guy hasn’t said anything about

foreclosures yet!


Question 9

How has the foreclosure crisis impacted theTwin Cities?

A. Not muchB. SomewhatC. I can’t believe this guy hasn’t said much about

foreclosures yet


Question 9

ForeclosuresIncreasing cost burdens increasingforeclosures

Foreclosures in the 7-county region

Source: HousingLink, Minnesota Foreclosure Report 2008, www.housinglink.org/Foreclosure.htm.

ForeclosuresIncreasing foreclosures havoc in home sales

13-county metro, 2000-2008

Sources: Minneapolis Area Association of Realtors (*), Builders Association of the Twin Cities (**)

ForeclosuresIncreasing foreclosures havoc in home sales tightening rental market

Average rent and vacancy rates, 7-county region, 2000-2008

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

2000 2001 2002 2003 2004 2005 2006 2007 2008

$0

$100

$200

$300

$400

$500

$600

$700

$800

$900

$1,000

Average Rent ($)

Vacancy rate (%)

Source: GVA Marquette Advisors

Source: Hennepin County, Ramsey County, and Wilder Research (Minnesota’s HMIS).

Increasing foreclosures havoc in home sales tightening rental market increasinghomelessness

What is the single most important thing that shouldbe done to ensure that low-income residents havesafe, decent, affordable housing in our region?

A. Cut taxes stimulate economy grow jobsB. Moratorium on foreclosuresC. Increase funding for housing vouchersD. Increase availability of emergency assistance to keep

people in homes (heating, utilities)E. Something else


Question 10

What is the single most important thing that shouldbe done to ensure that low-income residents havesafe, decent, affordable housing in our region?

A. Cut taxes stimulate economy grow jobsB. Moratorium on foreclosuresC. Increase funding for housing vouchersD. Increase availability of emergency assistance to keep

people in homes (heating, utilities)E. Something else


Question 10

www.tccompass.org

Questions? Comments?

twin cities compass - cura · what is the biggest gap in elementary school test scores? a.race:...

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