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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.
Chittenden County ECOS Project
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
Chittenden County ECOS Project
ECOS project phasesGoals
Analysis
Indicators
Implementation Priorities
Implementation Actions
Chittenden County ECOS Project
Analysis reports finalizedHousing Econom
ic
Land use and transportatio
n
Natural resources
Energy Public health
Chittenden County ECOS Project
Housing analysis scopeHousing choice fairness
Housing affordability
Characteristics and location of homes
Growth of housing stock
Chittenden County ECOS Project
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.
Chittenden County ECOS Project
Growing population of non-whites
0200400600800
100012001400
2000 2010
Chittenden County ECOS Project
Housing choice: Homeownership rate by race67%
21%
44% 49%
29% 29%
43%
Chittenden County ECOS Project
Affordability
Renters Owners
6,000
4,000
Households spending more than half of their income for
housing
Chittenden County ECOS Project
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.
Chittenden County ECOS Project
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%
Chittenden County ECOS Project
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
Chittenden County ECOS Project
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.
Chittenden County ECOS Project
Housing Needs Assessment reports www.vhfa.org/resources/publications
Or email request to [email protected]
Chittenden County ECOS Project
ECOS project phasesGoals
Analysis
Indicators (Current phase)
Implementation Priorities
Implementation Actions
Chittenden County ECOS Project
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