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3/10/2016
1
NapaValleyCollegeHousingPresentation
Board of Trustees – March 10, 2016
StoddardHousingProject–WhatweWanttoAccomplish
• Housing Affordable to our Workforce
• Housing as a Recruitment and Retention Tool
• Housing to Address Social Needs
• Housing for Workers who live outside the County
• Housing in a mixed‐income affordable and workforce complex
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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NapaValleyHousingFacts
• 1.9% Vacancy Rate for rental housing
• $562,250 ‐Median House Price Napa (8/15 – 11/15)
• Market rate rents for an older market rate 1 bedroom $840 ‐ $1615 – rents for a newer 1 bedroom $1,550 ‐ $2376
• Affordable rent for a 1 bedroom would be $766 ‐ $1,222 including utilities for a single low income person
• New construction cost varies depending on number of units, types and sizes of units, land costs, and development fees. Two current project construction cost only estimates $198,571 and $238,072per unit
Top4IndustrySectorJobsdatafromWorkforceInvestmentBoard
Health Care and Social Assistance
Health Care and Social Assistance
2015 –8,5242015 –8,524
2025 –10,2572025 –10,257
20.3% increase20.3% increase
Government and EducationGovernment and Education
2015 –9,5672015 –9,567
2025 –10,6882025 –10,688
11.5 % increase11.5 % increase
Hospitality Hospitality
2015 –11,4662015 –11,466
2025 –14,7092025 –14,709
28.3 % increase28.3 % increase
Manufacturing Manufacturing
2015 –12,6942015 –12,694
2025 –14,9062025 –14,906
17.4% increase17.4% increase
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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NapaCountyFullTimeWorkforce
Very Low Income $30,600 or up to $14.71/hr
Very Low Income $30,600 or up to $14.71/hr
Receptionists
Maintenance Workers
Streets Crews
Farm Workers
Low Income $48,900 or
up to $23.50/hr
Low Income $48,900 or
up to $23.50/hr
Audit Clerks, First‐Line Supervisors
Tech – Surgery & Pharmacy
Truckers, Shipping, Machinists,
Housekeeping/ Front Desk
Median Income $60,250 or up to $28.96/hr
Median Income $60,250 or up to $28.96/hr
Teachers, Social Workers & Counselors
CorrectionalOfficers, Mail Carriers,
Lab Techs
Restaurant –Retail Managers
120% Income $72,300 or up to $34.75/hr
120% Income $72,300 or up to $34.75/hr
Sherriff
NVC Faculty
Nurses –Business Operations
Production Managers,
Market Analysts,
2015WorkforceIncomeSummary
Annual Salary Hourly PayMonthly Rent at 30% of Salary
Very Low (Single) $30,600 $14.71/HR $765.00
Very Low (Family 2) $34,950 $16.80/HR $873.75
Low (Single) $48,900 $23.50/HR $1,222.50
Low (Family2) $55,850 $26.85/HR $2,396.24
Median (Single) $60,250 $28.96/HR $1,506.00
Median (Family 2) $68,100 $32.74/HR $1,702.50
120% (Single) $72,300 $34.75/HR $1,807.50
120% (Family 2) $82,650 $39.73/HR $2,066.25
150% (Single) $90,375 $43.44/HR $2,259.37
150% Family 2) $103,350 $49.68/HR $2,583.75
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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NapaNewerApartmentComplexes
2015 Newer Apartment Complex Rent Comparison
Complex Unit TypeUnit Size
(SF)Market RateRent low
Market Rate Rent High
Median Income rent
Montrachet 1 bd 552 $2,302 $2,376$1,223 ‐ $1,506
(1 person)
Anton 1 bd 690 $1,550 $1, 580
Hawthorne 1 bd 790 $1,930 NA
Anton 1bd 825 $1,699 $1,749
Hawthorne 2 bd 932 $2,209 NA$1,396 ‐ $1,723
(2 person)
Montrachet 2 bd 1,052 $2,750 $2,775
Anton 2bd 1,072 $1,950 $1,990
Anton 2 bd 1,123 $2,320 $2,320
Hawthorne 2 bd 1,240 $2,439 NA
Anton 3 bd 1,233 $2,499 $2,499$1,745 ‐ $2,135
(4 person)
Anton 3 bd 1,278 $2,420 $2,420
Hawthorne 3 bd 1,454 $2,605 NA
St.HelenaMontessoriSchool(10units–CollegeAve)
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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NapaCourtyard– Coombsville(20unitlowincomeproject–1,2and3Bedroomson1.1acres)
ValleyView– AmericanCanyon(70cottages‐SeniorandVeteranon3.6acres)
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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Pietro Place– CentralAve(171units–160marketrateand11unitslowincomeon6.7acres)
NapaCreekVillage– FirstSt.(48units–24workforce,8affordableand24marketrateon2.5acres)
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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GasserAffordable&WorkforceStoddardHousingProject
• 5.6 acres total – spans Gasser Drive – 2.37 and 3.32 acre parcels
• Up to 225 units
• 20 units very low (50%) income $30,600 ‐ $43,650 (up to family of 4),
• 70 units low (80%) income $48,900‐ $68,900 (up to family of 4)
• 110 – 125 market rate (100%) median income ($60,250 ‐ $86,100 (up to a family of 4)
• Deed Restricted (affordable) and market rate rental units
• Single and Family Units – 1, 2, and 3 bedroom
Stoddard ProjectSite
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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GasserProjectArea
NapaValleyCollegeCampus
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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NapaValleyCollege‐HousingOpportunities
• Sustainable living and workforce housing for Faculty, Staff, and Students
• Creation of an integrated Campus Village
• Design that reflects Napa Valley College aesthetic values
• Enhance Napa Valley College connections to Kennedy Park, Century Center, South Napa Marketplace and Downtown Napa
• Create synergy for and positive image of affordable and workforce housing ‐ Gasser and Napa Valley College
Napa Valley College Board of Trustees March 10, 2016 Regular Meeting Agenda Item 9.1 .
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