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City of Newport Housing Needs Analysis Technical Advisory Committee #2 Preliminary Housing Needs Analysis Results. Presented by: ECONorthwest March 3, 2011. Agenda. Project progress report (5 minutes) Preliminary results of the HNA (20 minutes) Presentation by ECONorthwest - PowerPoint PPT Presentation
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Presented by:
ECONorthwest
March 3, 2011
AgendaProject progress report (5 minutes)Preliminary results of the HNA (20 minutes)
Presentation by ECONorthwest
Discussion (60 minutes)General comments on the housing needs analysis
methods, data, or resultsDiscussion: Are the preliminary findings about housing
mix and density consistent with what you know about housing need in Newport?
Implications of Preliminary Findings of the Housing Needs Analysis (35 minutes)
State RequirementsGoal 10, OAR 660-008
Requires coordination of population projections by counties (ORS 195.036);
Requires cities to complete an inventory of buildable residential lands;
Cities should encourage the availability of adequate numbers of housing units in price and rent ranges commensurate with the financial capabilities of its households;
Requires demonstration of a 20-year buildable land supply.
State RequirementsNeeded housing types include (but are not
limited to):Single family detached and attachedMulti-family housing for owner and renter
occupancyGovernment assisted housingMobile/manufactured dwellings in parks and on
individual lots
Current Conditions of Newport’s 5,500 dwellings69% are Single-Family Detached and
Manufactured58% of Newport’s occupied units are owner-
occupied19% are vacant
16% or 1,075 dwellings are vacant for seasonal or recreational use
Rental units are older on average than owner unitsOwner-occupied median year built is 1978Renter-occupied median year built is 1974
Most recent development was for single-family, 2000-2010Permits issued for
572 units69% Single-family
and manufactured31% Multifamily
52 permits issued annually
Most new multifamily was in condominiums31% Multi-family
27% Condos2% Apartments2%
Duplex/Tri-/Quads69% Single-family
Most new dwellings were single-family in HDR, 2000-2010
Low Density Residential: 24% of new dwellingsMostly single-family
High Density Residential: 63% of new dwellingsMostly single-family
Commercial: 13% of new dwellingsMostly Condos
Percent of dwellings by in each plan designation
Housing density averaged 8.8 dwellings/net acre, 2000-2010LDR: 5.3 du/net acre
Mostly single-family an average of more than 5 du/net acre
HDR: 9.9 du/net acreSingle family was more than 8 du/net acreCondo and apartment were between 14 and 16
du/net acreCommercial: 29.1 du/net
Mostly condominium at more than 32 du/net acre
Newport has more lower income householdsHouseholds earning
less than $25,000 annuallyNewport: 34%Oregon: 24%
Households earning less than $50,000 annuallyNewport: 57%Oregon: 51%
Homeownership became less affordable since 2000The ratio of housing
value to income increased since 1990Newport: 2.8 to 6.3Oregon: 2.5 to 5.0
Average single-family sales price increased by nearly $75,000 or 47%
Affordable rental housing is difficult to findA household must earn
about $30,000 to afford a two-bedroom rental (at $759 per month)More than 1/3 of
households cannot afford a two-bedroom rental
About ½ of renter households pay more than 30% of their income on housing costs
Where Residents of Newport Work
Affordable rental housing is difficult to find
Two-thirds of Newport’s workers live outside Newport
Newport currently has a deficit of about 500 dwellings affordable for people earning < $25,000
Anecdotal evidence suggests that Newport’s rental housing stock is older and in poor condition
Where Workers in Newport Live
Factors affecting future housing needs
Aging Baby Boomers37% of Lincoln County’s pop in 2030, up from 25% in 2000Range of housing needs
Remain in current housing
Move to group housing when necessary
Downsize to smaller units
State Forecast of Age Change in Lincoln County, 2000 to 2030
Factors affecting future housing needsGrowth of Echo BoomersCurrently the largest age-groupBy 2030, the majority will be 35 to 48 years oldGrowth in Newport will depend on availability of jobsHousing choice will depend on income, age, and family composition
Affordability will be a concern, especially when youngerMay need multifamily housing when youngerMay need single-family when older, with higher income
and a family
Factors affecting future housing needsGrowth of immigrantsImmigrants are one of the fastest growing groups
Hispanic and Latinos are the fastest growing immigrants
By 2050, 25% of the U.S. population will be HispanicGrowth in Newport will depend on availability of jobsHousing choice will depend on income, age, and family composition
Affordability will be a concern, especially in first generation and when younger
Will need multi-family and single-family, depending on affordability
Conclusion: Newport will need more multifamily housing
Variable
Estimate of Housing Units
(2011-2031)
Change in persons 1,603minus Change in persons in group quarters 47equals Persons in households 1,556
Average household size 2.19New occupied DU 711
times Aggregate vacancy rate 19.0%equals Vacant dwelling units 135
Total new dwelling units (2011-2031) 846Dwelling units by structure type
Single-family detachedPercent single-family detached DU 60%
equals Total new single-family detached DU 508Multifamily
Percent multifamily detached DU 40%Total new multifamily DU 338
equals Total new dwelling units (2011-2031) 846Dwelling units needed annually 42
Average density by housing type will remain the sameDensity by housing type will stay constant
Single-family: 7.0 du/net acreMulti-family: 18.7 du/net acre
Overall density will increase from 8.8 to 9.3 du/net acre because of increase in percent of multifamily
Average density by housing type will remain the sameResult shows that Newport will need 112
gross acres of residential land91 gross acres for single-family housing21 gross acres for multi-family housing
Newport has ample land to accommodate housing
Land available for multi-family housing for residents is limited and may be located in the wrong areas
Newport needs more affordable rental housingNewport’s policies should emphasize meeting
the needs of current and future full-year residents
Newport has a deficit of affordable, quality rental housing for current and potential residents
Renters want high-quality housing that is suited to NewportHigher amenity, well constructedHousing types other than apartmentsAffordable units