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Home My WebLink AboutFY20 Housing ReportTotal Funds Available for Affordable Housing in FY20: $12,460,316Total Funds Spent in FY20: $12,006,7731) Invest City and federal CDBG/HOME funds to create and/or preserve affordable homes, both rental and owner‐occupied housing;Number of Affordable Rental Units/Households Created or Assisted*:1,745Number of Owner‐Occupied Units Created or Assisted*: 353) Ensure equitable growth for all Iowa City residents and minimize displacement; and*Reports units completed in FY20 with FY20 or prior year funds1) Invest City and federal CDBG/HOME funds to create and/or preserve affordable homes, both rental and owner‐occupied housing. FY20 City of Iowa City Affordable Housing Fund ($1,000,000). $650,000 ‐ $1,000,000 allocated annuallyAction Plan #5. City Council approved annual distribution formula, revised July 2019:Project NameCity General Funds, Distribution Formula: Project Type Funds Allocated Project Status Funds Leveraged Households/ Units Assisted Income Level Assisted FY20 Funds Spent Notes/StatusHousing Trust Fund Annual Contribution Affordable Housing Fund (50%) Various $500,000 Multiple $12,675,777 61Less than 60% AMI $500,000Staff reports completed projects in FY20 that utilized FY20 or prior year funding. Del Ray and Nex Apartments, LIHTC projects (new construction)were completed in FY20. HTFJC allocated a total of $1,575,000 to these two projects. Received FY17‐20 General allocation & LIHTC set‐aside funds. In FY20, the HTFJC spent $182,046 in funds. Due to the inability of Nex Senior to proceed, the remaining FY20 funds are reallocated to the Shelter House CPP 2.0 project. LIHTC Annual Allocation Affordable Housing Fund (20%) Affordable Rental $200,000 Deferred $0 0 NA $10,000Nex Senior, LIHTC application, not funded by the Iowa Finance Authority (IFA) as of 8/2020. Funds carried over to next IFA funding round. HTFJC authorized 5% for administrative fees. HTFJC receives remaining funds when eligible project proceeds. Opportunity Fund Affordable Housing Fund (7.5%) Various $75,000 Multiple NA 72Less than 80% AMI $41,500Houses into Homes: $15,000, Signed agreement 1/29/2020Center for Worker Justice ‐ COVID Relief. $25,000, Signed agreement 7/28/2020. Beneficiaries to be reported in FY21.Shelter House Eviction Prevention $50,000 (FY20 ‐ $35,000, FY21 ‐ $15,000) Signed agreement 6/8/2020. Beneficiaries to be reported in FY21. August 2020, approved a $5,000 grant for Forest View to weatherize mobile homes for the winter. Healthy Homes Affordable Housing Fund (7.5%) Housing Rehab $75,000 Obtained HTFJC Grant $0 0Less than 80% AMI $0To date, assisted 6 homes under the grant with HTFJC. HTFJC grant expires 10‐2020. Two remaining homes to be completed with HTFJC funds before expiration date. Assessments were on hold due to COVID, resuming inspections/assessments. Beneficiaries to be reported in FY21.Security Deposit Assistance Affordable Housing Fund (7%) Rental Assistance $70,000 Ongoing NA 31 Under 50% AMI $27,855Contract with CommUnity signed 2/2020. CommUnity estimates spending all FY20 funds by 12/20. Will then enter FY21 contract. Landlord Risk Mitigation Affordable Housing Fund (3%) Rental Assistance $30,000 Ongoing NA NA NA $0Unspent funds not committed at the end of the fiscal year go into the Opportunity Fund. Staff continuing to work with Johnson County Local Homeless Coordinating Board in FY21 to establish. Emergent Situations Affordable Housing Fund (5%) Various $50,000 Completed NA 8 NA $2,135Funds utilized for remaining Hawkeye Trailer Park relocation expenses. Total of $17,557 spent in FY19/20. Balance goes into Opportunity Fund/Prior Land Banking Fund.$1,000,000 $12,675,777 172 $581,490Affordable Housing Goals: City of Iowa City Affordable Housing ‐ FY20 Year End Report (Revised 9/14/2020)2) Support our most vulnerable residents, especially those experiencing homelessness or at risk of homelessness, maintain safe, affordable housing; 4) Support innovation in housing and streamline processes Project Name Funding Source Project Type Funds Allocated Project StatusHouseholds/ Units AssistedIncome Level AssistedEviction/Foreclosure Prevention Program ‐ City CARES Act Funding (COVID) Emergency Housing Payments $246,000Starts FY21 0 Under 80% MIEviction/Foreclosure Prevention Program ‐ IEDA CARES Act Funding (COVID) Emergency Housing Payments $370,000 Starts FY21 0 Under 80% MIFY20 Housing Rehabilitation Projects Completed Action Plan #1. Continue to fund existing housing programs. Project Name Funding Source Project Type Funds Allocated FY20 Funds Spent# Units RehabilitatedGRIP Local Funds Owner‐occupied Rehab $200,000$158,44710South District Local Funds/HOME Homeownership $140,000 $120,000 2UniverCity Local Funds Homeownership $60,000 $60,357‐HOME Owner‐occupied Rehab & Rental Rehab. HOME Owner‐occupied/Rental Rehab $90,000 $107,716 4CDBG Owner‐occupied Rehab CDBG Owner‐occupied Rehab $235,000 $243,447 16$725,000$689,96732FY20 CDBG/HOME Housing Projects (Beneficiaries and funds leveraged reported when project is completed & closed in HUD's reporting system)Project Name Funding Source Project Type FY20 Funds Spent Funds LeveragedHouseholds/ Units AssistedMYEP Acquisition ‐ 1507 Spruce HOME Affordable Rental $0 $140,605 3Successful Living Acquisition ‐ 500 2nd Ave. HOME Affordable Rental $0 $126,3305Successful Living Acq. ‐ 3234 Friendship HOME Affordable Rental $0 $146,1763FY18 Housing Fellowship Rental Rehab HOME Affordable Rental $25,254$29,343 4FY18 Successful Living Rehab HOME Affordable Rental $5,799 $21,1205FY20 Shelter House Acquisition 15 Wakefield HOME Affordable Rental $94,000$163,8845FY17 ICHA TBRAHOME Rental Subsidies $63,563 $109,509 29FY20 The Housing Fellowship HOME CHDO Operating $48,000NA NAFY18 Habitat Acquisition ‐2629 Blazing Star HOME Homeownership $5,000 $193,0001FY19 Habitat ‐ 2764/2774 Blazing StarHOME Homeownership $20,000$374,2972Projects Underway ‐ Not completed HOME Affordable Rental $383,731 NA NAHOME Administration HOME Administration $86,610NA NA$731,957$1,304,264572) Support our most vulnerable residents, especially those experiencing homelessness or at risk of homelessness, maintain safe, affordable housing ICHA Programs, Calendar Year 2019The jurisdiction of the ICHA includes the following Counties: Johnson, Iowa and Washington (north of Hwy 92, but not within Washington City limits), unless noted.Project/Program Name Project Type Vouchers AuthorizedICHA Owned & Managed UnitsHouseholds Assisted CY19 Funds SpentIncome LimitsHousing Choice Vouchers Affordable Rental 1,215 NA 1,253 $9,023,593Under 50% AMIVASH Vouchers (reserved for veterans) Affordable Rental83 NA 82 $330,016Under 50% AMIHUD Mainstream Vouchers (chronically homeless with a disabling condition) Affordable Rental0NA0$0Under 50% AMINotes57% of all assisted households were elderly and/or disabled. 49% were working families. Less than 1% of assisted households report Family Investment Program (FIP) as their sole source of income. Note: head of household can earn income and have a disabled spouse ‐ the household would be counted both as a working household & a disabled household. Totals include Cross Park Place Project Based Vouchers (PBV). ICHA reports on a calendar year. 78 new vouchers authorized in CY20. Leasing started in March 2020. Beneficiaries & funds reported in CY20. Notes/StatusProject closed in FY20.Project closed in FY20.Project closed in FY20.Notes/StatusMust be under 110% AMI. Assessments stopped temporarily in FY20 due to COVID. FY20 CDBG‐CV Funds ‐ One time allocation through the CARES Act for COVID reliefNotes/StatusCommUnity Crisis Services awarded contract on 7/14/2020Allocated funds through State ‐ $686,610 60% allocated to eviction/foreclosure prevention. Program to start in FY21.First two program homeowners were under 50% AMI. ($70,000 Rehab ‐ General Fund, $50,000 Downpayment ‐HOME). Two homes currently under renovations ‐ to be reported when sold. (No FY20 HOME funds budgeted. $94,000 in FY21 HOME funds for downpayment assistance to assist 4 households budgeted.)Projects underway for the following: Successful Living and Mayor's Youth Empowerment Program520 N. Dodge available for sale, 322 Douglas Court currently under renovations. Beneficiaries reported when homes are sold. Funds spent include prior year funds allocated for 520 N. Dodge. Rental rehab. of single family/duplex properties in targeted neighborhoods eligible; no applications received. 4 completed projects, 3 underway. Includes prior year funds for completed/ongoing projects spent in FY20.Administratively approved ‐ includes unspent funds from FY19. 16 homes completed in FY20. Public Housing Affordable RentalNA 8175$649,750Under 80% AMIOther ‐ Affordable Housing Under ICHA Management Affordable RentalNA 10 10 N/AUnder 80% AMI1,298 91 1,420 $10,003,3593) Ensure equitable growth for all Iowa City residents and minimize displacementFY20 TIF & RFC Affordable Housing Requirements under Compliance PeriodProject Name PolicyProject Type Units UnderwayUnits under Compliance Fee‐in‐Lieu Paid AMI Rent Limit Compliance PeriodNotes/StatusThe Rise ‐ 435 S. Linn Local requirementAffordable Rental‐33‐80% HOME FMR In perpetuityOrchard Court Lofts ‐ 627 Orchard Ct RFC ‐ Zoning requirementAffordable Rental‐5‐60%HOME FMR10 yearsDubuque St Apartments ‐ 620 S. DubuqueRFC ‐ Zoning requirementAffordable Rental‐5 $28,39660%HOME FMR10 years Fee for 4 units out of compliance for one year.1301 Gilbert Street RFC ‐ Zoning requirementAffordable Rental‐5‐60%HOME FMR10 yearsThe Edge ‐ 314 S. Clinton St TIF & RFC Zoning requirementAffordable Rental1 1 $323,48860% HOME FMR 20 years FIL for 4 units Breckenridge ‐ 707 S. Dubuque St RFC ‐ Zoning requirementNA‐‐$404,360‐‐ ‐FIL for 5 unitsDel Ray Ridge ‐ 628 S. Dubuque StRFC ‐ Zoning requirementAffordable Rental‐3 60% HOME FMR 10 years1131 S. Gilbert RFC ‐ Zoning requirementAffordable Rental‐6 60% HOME FMR 10 years1121 S. Gilbert RFC ‐ Zoning requirementAffordable Rental‐5 60% HOME FMR 10 years1141 S. Gilbert RFC ‐ Zoning requirementAffordable Rental‐6 60% HOME FMR 10 years1201 S. Gilbert RFC ‐ Zoning requirementAffordable Rental‐6 60% HOME FMR 10 years225 E. Prentiss RFC ‐ Zoning requirementAffordable Rental5‐60% HOME FMR 10 yearsRiverview West ‐ 629 S. Riverside Dr TIFAffordable Rental‐12‐120% 120% HOME FMR 10 yearsAugusta Place ‐ 20 S. Gilbert TIFAffordable Rental‐‐NA 80% HOME FMR In perpetuity6 Units purchased in July 2020, ICHA will operate as affordable housing. Augusta Place ‐ 104 Westside Dr (offsite units) TIFAffordable Rental‐12 NA 60%Based on 40% AMI, Developer pays utilities20 years Compliance started 8/1/2019.The ChaunceyTIFAffordable Rental‐‐NA 80% 30% of Income In perpetuity5 Units purchased 8/2020, will be added to Public Housing Program99 $756,244FY20 Misc. Action Plan InitiativesProject/Program Name Council Approved: Project Type Units Created Fee‐in‐Lieu Paid AMI Rent LimitsAction Plan #7. Annexation Policy ‐ 10% of units in residential developments affordable 7/17/2018 TBD 0 $0 TBD TBDAction Plan #8. Consider TIF to support residential development. First agreement: Foster Road TIF Residential Development Agreement7/17/2018 TBD‐‐‐‐Action Plan #12. Create tax exemption/abetment policy to support affordable rental housing10/1/2019Affordable Rental ‐ New Construction0$0Less than 40% AMIAMI, minus tenant paid utilitiesAction Plan #14. Minimize tenant displacement10/3/2017 Major Site Plans NANA NA NA0All units in Iowa City. Funds spent includes HUD rent subsidies and maintenance/repair of units. HUD counts Units Months Available (UMA), so due to turnover and/or standard repairs, this value is 75 units under lease per month over CY19. 3 units were offline for major repairs. Includes $303,689 spent for maintenance, repair and rehab.All units in Iowa City. Community View annexed off American Legion Road in FY20. CZA signed. Affordable housing agreement not required until building permit issuance. Notes:Estimated to generate over $2‐3 million for affordable housing over 10 years. Requires Council approval when 12 or more households will be displaced and no rezoning needed. Requires a transition plan to better inform tenants and the public. Policy not triggered in FY20.No applications received to date. Requires at least 15% of total units leased to eligible tenants to receive a 40% tax exemption on all units in a new residential development with 6 or more units for 10 years. 4) Support innovation in housing and streamline processesAction Step: ProgramEstimated TimeLineAction Plan #9. Consider regulatory changes. Review processes/fees, etc. to support affordable housing.Policy Review (NDS, Public Works, Parks & Rec, Legal)Fall 2020Action Plan #9. Consider regulatory changes. Review zoning code to increase density/diversity in all single family/low density residential zones (support missing middle housing) South District Form Based CodeImplement Fall 2020Action Plan #9. Consider regulatory changes.Review zoning code to increase density/diversity in all single family/low density residential zones (support Comprehensive Plan Amendment8‐10 month processAction Plan #15. Rent abatement for emergency orders when vacation is not necessary. Rental permit unitsCompleted 10/3/2017Acquire land for future affordable housing opportunities (Opportunity Fund ‐ former Land Banking Fund)Land Banking (now Opportunity Fund)OngoingIncorporate Sustainability/Climate Action in our rehabilitation programsAll City housing rehabilitation programsCompleted, July 2019Support unique housing solutions for special populations through zoning and/or financial support. FUSE Housing First Program7/5/2016 Approved Long Term Housing Use Zoning, Approved voucher set‐aside for FUSE 10/2/2018Changes approved after City Council review in July 2019:Incorporated the following energy efficiency and health/safety measures into our housing programs:5) Adopted our first radon ordinance, effective July 1, 2021, that requires radon testing, and mitigation, if necessary, to obtain or maintain a rental permit for single family detached or duplex homes.Received HBA and JC Affordable Homes Coalition input. Reviewing changes. (Remaining task out of the original 15 Affordable Housing Action Goals)Will pursue FBC in all outlying greenfield developments.Enable more dense and/or more diverse housing in all residential zones (particularly low density residential zones outside of historic districts)See below for measures incorporated.ICHA allows up to 5% of ICHA vouchers to be used for permanent supportive housing for persons who are chronically homeless with a disabling condition. Project based vouchers issued to Cross Park Place. 8/2020 Shelter House awarded $2.7 million from IFA for another FUSE Housing First property (similar to Cross Park Place). Project eligible for this voucher set‐aside.No emergency orders issued in FY20.5) Removed the Housing Trust Fund of Johnson County (HTF) from the competitive Aid to Agency process and moved it to a contractual relationship where the HTF uses 5% of the funds allocated to them through the Affordable Housing Fund for administrative expenses. They will remain as a “Legacy Agency” in City Steps 2025 in case they do not get funded or funded at levels lower than their past funding awards in subsequent years through the Affordable Housing Fund. 1) All housing rehabilitation projects must complete a free home energy audit by Green Iowa AmeriCorps staff prior to funding approval. The audit measures the level of air coming into the home and provides basic weatherization, if necessary, to reduce air leaks. During the audit, participants receive LED light bulbs, low flow aerators in kitchen and bathrooms, pipe insulation for the water heater, taping of ducts in basement, and extra weatherization based on the results of the blower door test.2) Expanded housing rehabilitation activities to include landscaping (tree planting) and grading for stormwater management, as needed, as part of a rehabilitation project. 3) The HOME owner‐occupied housing rehabilitation program, with up to $90,000 available annually, is now eligible to landlords of rental housing leasing to tenants with incomes at or below 60% of median income. Landlords are eligible for grants for radon testing and mitigation, if necessary, as part of their rehabilitation project.4) The Neighborhood Improvements set‐aside in the CDBG program was converted to a Neighborhood‐Based Climate Action set‐aside to encourage sustainable, energy efficiency initiatives in our neighborhoods with a higher number of lower income households.1) Revised the Distribution Formula for City funds.2) The Housing and Community Development Commission (HCDC) altered the preference criteria for CDBG/HOME housing projects to encourage applications serving lower income households. 3) Reduced the equity requirements for CDBG emergency rehabilitation projects, such as a broken furnace in the winter or a non‐functioning water heater, to enable those that may not be able to proceed to be eligible for the program.4) Due to the high cost of acquisition and new construction, HCDC altered the preference/evaluation criteria to support those CDBG/HOME rental applications that leverage significant dollars from non‐City sources, such as Low‐Income Housing Tax Credit projects. The acquisition or construction of SRO or group housing would remain supported due to the lower average public investment per assisted unit and to increase the supply of accessible homes in our community.Purchased first property in FY20. Lot 10, Lindemann Subdivision, Part 8 for the future construction of 6 townhomes. Notes: