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12/20/2022 Resolutions 2022-366R E S O L U T I O N 2022-366 WHEREAS, the Mayor and City Council of the City of Grand Island are committed to the orderly plan necessary to accommodate future growth, housing and transportation needs; and WHEREAS, on July 13, 2004, by Resolution 2004-154, the City of Grand Island approved and adopted the Comprehensive Development Plan and associated figures and maps as prepared by the firm of JEO Consulting Group, Inc. of Wahoo, Nebraska; and WHEREAS, in 2020, the State of Nebraska enacted LB 866, the Municipal Density and Missing Middle Housing Act (the "Act"); and WHEREAS, the Act mandates that cities with a population of 50,000 or more adopt an Affordable Housing Action Plan prior to January 1, 2023; and WHEREAS, the Planning Department has contracted for the creation of an Affordable Housing Action Plan as part of an updated Comprehensive Development Plan at a cost of $15,000; and WHEREAS, the Affordable Housing Action Plan has been submitted as an amendment to the Comprehensive Development Plan; and WHEREAS, such amendment was reviewed by the Regional Planning Commission on December 7, 2022, and a recommendation to approve the Affordable Housing Action Plan as submitted was forwarded by the Regional Planning Commission to the City of Grand Island; and WHEREAS, a public hearing was held by the City Council on December 20, 2022 for the purpose of taking testimony regarding such amendment to the Comprehensive Plan; and WHEREAS, the City Council of the City Council of Grand Island, upon consideration of the record, the recommendation of the Regional Planning Commission, and any public testimony before it, finds it in the best interests of the citizens and residents of the City to amend the Comprehensive Development Plan to adopt an Affordable Housing Action Plan in compliance with LB 866. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City of Grand Island hereby approves and adopts the Affordable Housing Action Plan attached hereto as Exhibit A and incorporated herein by reference. BE IT FURTHER RESOLVED that the City's 2004 Comprehensive Plan is hereby amended and the Affordable Housing Action Plan attached hereto as Exhibit A is incorporated fully into the 2004 Comprehensive Plan as Appendix. Approved as to Form tt December 19, 2022 tt City Attorney Adopted by the City Council of the City of Grand Island, Nebraska, December 20, 2022. � ger G. Steele, Mayor Attest: � n� �� '� RaNae Edwards, City Clerk -2- ; � > ; e , �, � r. e ,. � , . � �: � .� �� r ,. .. �., r� y , : a_ , ; w , n: �, , _ � x ..� � � _� �� ° � �� .� � � b _ . ,� ., s� � _ � ., — �. — � x_ . ;. = F r �iw � �;^ . � � �� ' ., q ,r�"b �� - t � e � , �. � � � � r ,�. � � .,y�n,: , �, :'yq � � �� . � � N. � • � „� . � ,t , _ .' 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A:'.i,, a+' .: '� � � ; , . f . . _ —1I i {{ � _ � � � 1 } % i � _ �,.. . . v Y$�� . . y.r.� j ! � . _ J�.� � � . �� i � � ^ � � �i ��;: � � Plan Participants �J [�li�'1 Roger Steele- Mayor CITY COUNCIL Jack Sheard - Ward 1 Michelle Fitzke - Ward 1 Maggie Mendoza - Ward 2 Mark Stelk - Ward 2 Jason Conley - Ward 3 Bethany Guzinski - Ward 3 Mitchell Nickerson - Ward 4 Mike Paulick - Ward 4 Chuck Hasse - Ward 5 Doug Lanfear - Ward 5 Planning consultants: ( ` � MARVIN PLANNING CONSULTANTS sr,��d�-,:,�c ��.v�,��r.r��r, c�,u,�� d�,a r.,a•na,..k„�.diw��,M�a: �CC�MMIJfVI�Y PLANNING INSIGHTS www.ea+-auMhq-ean GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: I TABLE OF CONTENTS OVERVIEW STAKEHOLDER ENGAGEMENT HOUSING CONDITIONS HOUSING MARKET ASSESSMENT HOUSING CHALLENGES, GOALS AND STRATEGIES � 3 5 15 21 PAGE: II :� � � .. _.:� � , �.,�.. ._*.. , , , /f �� _ - _ _ _ . e� __ , �, -�. - / � - : `� -__ This plan is designed as a supplement and update to the 2ozo Community Housing Study With Strategies forAffordable Housing adopted in 2osg, to address the requirements of LB 866 - the Municipal Density and Missing Middle Housing Act (Nebraska Statute Zg-55o1 to sg-55o6), This plan vvill be updated during the development of the city's Comprehensive Plan. The Missing Middle Act requires cities vvith populations of 50,000 or more adopt an affordable housing action p�an. The statute requires each pLan, at a minimum, to contain the follovciing: 1. Goals for the construction of neW afFordable housing units, including multi-family housing and middle housing, vciith specific types and numbers of units, geographic locations, and specific actions to encourage the development of affordable housing, middle housing, and Workforce housing; 2. Goals for a percentage of areas in the city zoned for residential use vvhich permit the construction of multi-family housing and middle housing; 3. Plans for the use of federal, state, and local incentives to encourage affordable housing, middle housing, and vciorkforce housing, including the Affordable Housing Trust Fund, the Local Option Municipal Economic Development Act, tax-increment financing, federa� community deve�opment block grants, density bonuses, and other nonmonetary regulatory reLief; and 30% AMI 50% AMI 80% AMI 4. Updates to the city's zoning codes, ordinances, and regulations to incentivize affordable housing. TERMINOLOGY WITHIN THE PLAN There are a number of abbreviations and terminology used throughout this plan and the Missing Middle Act. Abbreviations ADA - Americans With Disability Act ADU - Accessory Dvvelling Unit AMI - Area Median Income (see table belovci) CDBG - Community Development Block Grant HUD - U.S. Department of Housing and Urban Development SID - Sanitary Improvement District TIF - Tax Increment Financing Terminology and Definitions For purposes of the Municipal Density and Missing Middle Housing Act: • Accessory D�welling Unit (ADU) means an interior, attached, or detached residential structure that is used in connection With, or that is an accessory to, a single-family dvvelling and is located on the same lot or parcel as such single-family dvcielling; • Affordable Housing means residential dvcielling units affiordable to a household earning not more than eighty percent (80%> $i5,o5o $17,240 �21,720 $26,200 $30,680 $35,160 �39,640 $44,120 $25,soo $28,650 $32,250 $35,800 $38,700 $41,550 $44.400 $47,300 $40,150 $45.850 $51,600 $57,300 $61,goo $66,500 $71,100 $75,650 GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 1 o t e income limit as set orth by the United • Tovcrn ouse means a vcie ing unit States Department of Housing and Urban constructed in a rovci of tvcio or more attached Development under its Income Limits units vcihere each dvcielling unit is located on Documentation System, as such limits existed an individual lot or parcel and shares at least on January 1, 2020, for the county in vcihich one common vciall vvith an adjacent unit; and the units are located and for a particu�ar househoLd size; � � � Cost Burdened Households are those that pay more than 30% of their income for housing expenses. Cottage Cluster means a grouping of no feWer than four (4> detached housing units per acre With a footprint of less than nine hundred (goo) square feet each and that includes a common courtyard; Density Bonus means a density increase over the othervciise maximum allovciable residential density under a city's zoning codes, ordinances, and regulations; • Middle Housing means: a. Dup�exes b. Trip�exes c. Quadplexes d. Cottage clusters e. ToWnhouses Workforce Housing means: a. Housing that meets the needs of vciorking families; b. Ovcmer-occupied housing units that have an after-construction appraised value of at least one hundred tWenty-five thousand dollars but not more than tvcio hundred seventy-five thousand dollars to construct; c. OWner-occupied housing units for Which the cost to substantially rehabilitate exceeds fifty percent of a unit's assessed value; d. Upper-story housing for occupation by a homeovcmer; e. Housing that does not receive federal or state lovci-income housing tax credits, community development block grants, HOME funds or funds from the Affordable Housing Trust Fund. _ . .: .,,, �:� ��. . � . - . -, �� ''�; - `� . ., - - r �_ __ �__ � -- � ��,�:� INTRODUCTION AND METHODOLGY PAGE: 2 -. - . _ _.., :.......�s�,.�....,� n . . . _ _ . STAKEHOLDER ENGAGEMENT Understanding hovv the public, developers and other stakeholders perceive the cha��enges and needs of Grand Island's housing market is a key component in developing achievable goals and strategies that are embraced by the community and lead to successful outcomes. During the initial development of the AfFordable Housing Action Plan, tvvo vcieeks of stakeholder intervievcis Were conducted, vcihich included housing developers, builders, local officials, Rea�tors, property investors and residents. This plan Wi�l be updated as the city's comprehensive p�an is developed and additional stakeholder input is gathered. The general themes and comments from the initial engagement process are summarized beloW. . i�iu��iu �utiL� � i, ni i viiunuL� HOUSING IS CHALLENGING AND AFFECTS QUALITY OF LIFE • The housing market in Grand Island is considered tight, vvhich means there are very fevci vacancies vcihich can acce�erate sales or rental costs beyond normal inflationary rates. • Many developers and builders indicated the costs to construct housing (materials, labor, etc.) make building affordable housing a cha�lenge vciithout public subsidies. • Young adults are concerned they �will never be able to afford to purchase a home. GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 3 � A VARIETY OF HOUSING TYPES ARE HOUSING IS AN ECONOMIC NEEDED DEVELOPMENT AND WORKFORCE ISSUE • Stakeholders felt there is strong demand for higher-density and "missing middle" housing in Grand Island; • There is strong demand across the entire housing spectrum including rental and ovcmership. • Housing is a major issue affecting talent recruitment and the ability of firms to expand. • Businesses leaders expressed concern about future vciorkforce availability, and housing shortages may cause some businesses to relocate. • Accessible housing is a challenge to find, and assisting those residents vcianting to age in place should be a priority. ACTIVE MARKET ENGAGEMENT IS CRITICAL TO SOLVE THE HOUSING CHALLENGES • DeveLopers felt most housing projects are not feasible �without public financing such as TIF. • As interest rates rise, singLe-family production may stall due to increased borrovciing costs and lessening affordability; allo�wing builders to respond vciith alternative housing types such as tovcmhomes, duplex, and triplex products Will be necessary over the next 5 to so years. • Stakeholders indicated some surrounding communities are actively acquiring land and building housing to support Grand Island's Workforce, Which resu�ts in the city losing residents to those communities. • Stakeholders felt Grand Island shou�d be more proactive and less reactive in supporting housing construction. DEVELOPING HOUSING IN GRAND ISLAND CAN BE A CHALLENGE • Stakeholders are concerned about the lack of land for sale, or the high costs of such land. • Participants encouraged Grand Is�and to proactive�y acquire land for development, vcihich other communities have done to facilitate housing development. • Excessive public infrastructure and development requirements, such as overly Wide streets, add to the cost of housing. • Some felt that Grand Is�and puts up small road blocks to development or other activities. • Participants felt the local lending environment in Grand Island can be challenging, especiaLly vvorking �with local lenders. COMMUNITY ENGAGEMENT PAGE: 4 HOUSING CONDITIONS � ��: ��Yu �� .� ��.e This section examines the existing and projected housing market conditions for Grand Island, vciith a focus on affordable and missing middle housing, at risk households and hovci Grand Island compares to the Larger State of Nebraska, Data used in this study comes from a variety of sources including the U.S. Census Bureau, U.S. Department of Housing and Urban Development, Hall County Assessor, third-party vendors, and qualitative data from focus group participants. Ultimately the demand analysis is based on several factors, including: • Estimated vacancy rates • Projected population and household change from third-party providers. • Current structural conditions (structures d' b l POPULATION AND HOUSEHOLD TRENDS Overa��, Grand Is�and has seen robust groWth over the past t�wo decades, both in population and households. As table 3,1 iLlustrates, Grand Is�and greW 13% bet�ween 200o and 2010 and 9.5% betWeen 2010 and 2020. The ESRI current estimate and five-year projection anticipate a 1.2% increase in population and 1.1% increase in househo�ds bet�ween 202o and 2022, and a slight decrease over the next five years. While these projections anticipate a grovcith rate significantly less than historical averages, We do not anticipate Grand Island losing population based on current building permit activity, Hovciever, significant changes to the economic nee ing to e rep aced or improved) base of Grand Is�and and the Tri-Cities over the • Estimated pent up demand next five years vciill likely have an impact on the GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 5 � population and household grovcith, and ultimately housing demand. Current Vacancy Rates A housing market is considered healthy vcihen the effective vacancy rates are betvcieen 5% to 7%. This ensures an adequate product for nevv housing moving into a community and for existing residents to move into housing that better supports their household needs. A constrained housing market leads to price escalation, potential difficulties in attracting vciorkers to a region, exasperating a tight labor market and hampering economic grovcith. The lack of available housing may a�so cause frustration from existing residents vciho may not find the desired product for their current lifesty�e and may choose to leave the community in search of housing that fits their needs. Converse�y, a housing market vciith high vacancy rates can be problematic for a community. High vacancy rates may place dovvnvvard pressure on for-sale and rental housing. While lovcier-cost housing is advantageous for renters and home buyers, it can result in less operating income for rental housing and less ability to borroW against a home's equity, �eading to deferred maintenance and improvements. The 202o ACS estimates Grand Island's overall vacancy rate is 5.6%. Hovvever, the efFective vacancy rate is 1.5%. The effective vacancy rate Table 1. Grand Island Popu�ation and Households excludes non-full-time housing units such as seasonal units, migrant housing and "other vacant units:' The estimated for-sale vacancy rate is o.g8%, and the estimated rentalvacancy rate is 2.37%. As a comparison, the Q3 2022 average for- sale vacancy rate Was o.g% and the rental vacancy rate for the Midvciest states vvas 7.i%. HOUSING AGE AND CONDITION While the housing stock in Grand Island continues to age, the share of older units is less than the state overall. HoWever, as each year passes the housing stock ages, and if neW units are not placed in service or existing units are not maintained or renovated, neighborhoods can deteriorate, leading to disinvestment and dissatisfaction. As Table 2 illustrates, the number of housing units by year of construction. Over half of the structures constructed in Grand Island Were bui�t before s973, vcihich is similar to the overall state. Just under 15% of the housing in Grand Island has been constructed in the past t�wo decades. Despite an aging housing stock, Grand Is�and housing appears to be vciell maintained. As Table 4 illustrates, approximately 8.1% of the residential structures are considered beloW average by data provided by the Hall County Assessor's Office. HoWever, this accounts for over i,2oo structures throughout the city. If properties are allovved to fail into disrepair either because the ovcmer does 2000 42,940 2oso 48,520 13.0% 2020 53,131 9,5% 2022� 53�772 1.2% 2027' 53,608 -0.3% Source: U.S. Census, `ESRI estimates 16,426 �8,326 11.6% sg,g81 g.o% 20,209 1.1% 20,126 -0.4% EXISTING CONDITIONS PAGE: 6 2014 or �ater 2010 to 2013 200o to 20og sggo to sggg sg8o to sg8g s970 to s97g Zg6o to sg6g Z95o to Zg5g s94o to s94g s93g or earlier Tota� Median Year Built Source: zo2o ACS 815 557 1,707 2,400 2,240 3.549 2,663 2,456 1,205 3,166 20,758 1973 3•9� 2.7% 8.2% 11,6% so.8% 17.1% 12.8% �1.8% 5�8� 15.3% 30,647 24.500 93.559 98,093 79.7�5 133,254 93,881 80,073 40,75� 16g,786 844,248 1973 3,6% 2,g% 11.1% 11.6% 9•4� �5.8% 11.1% 9•5� 4•8� 20,1% not have the resources to maintain the structure or simply through neglect, properties can become In addition to a variety of housing types, the highly dilapidated. At some point, if there is no diversity of bedrooms is equa��y important to intervention, it may cost more to rehabilitate the ensure the housing stock is appropriate for the structure than is economically feasible and in size of a community's families and households. many of those cases, these properties become The mix of bedroom diversity in Grand Island is abandoned. similar to the state overall as illustrated in Tab�e 3. HOUSING TYPE A diverse variety of housing types vciithin a community enables residents to more easily find housing that fits the current needs of their household. Grand Island has a more diverse housing stock compared to the overall State of Nebraska. As Table 5 illustrates, 63% of Grand Island's housing are single-family detached units, compared to 72% in the overall state. "Missing middle" units are a�so better represented in Grand Island compared to the overall state. Approximately 15% of Grand Is�and's housing meets the definition of Missing Middle Housing, compared to just under g% vciithin the entire state. GRAND ISLAND AFFORDABLE HOUSING PLAN Tab�e 3. Number of Bec 0 1 2 3 4 5+ Total: 595 2.498 5,957 7,soo 3,165 1.443 20,75$ 2.g% 12.0 % 28.7% 34•2� 15.2 % 7.0% 15,807 91,084 217,701 306,601 158,682 54.373 $44,24$ � s.g% Zo.8% 25,8% 36.3% 18.8% 6.4% PAGE: 7 0 Lo�w 18 37 24 Fair 4 6g 217 148 Average 28 31g 1321 1239 Good 3 43 202 201 Very Good 4 43 27 Excellent 1 10 6 Total Structures 35 454 1830 1645 % Of Total 0.2% 2.g% 11.8% Zo.6% Source: Hall County Assessor's Office Sing�e-fami�y, detached Single-family, attached Duplex Tri- or Quadplex 5ta9 10 t0 1Q 2o to 49 50 or more Mobile home Boat, RV, van, etc. Total Source: 202o ACS 13,og6 1, 319 798 1,513 854 777 410 1, 073 g18 0 20,75$ 18 15 2 4 135 496 64 4 2324 356g 1323 1718 254 474 481 516 32 44 27 7 4 11 2 1 2767 46og 18gg 2250 17.9% 2g.8% 12.3% �4.5% 63.1% 6og,852 6.4� 34.375 3.8% 16,877 7.3% 21,888 4.1% 34,026 3.7% 38,639 2.0% 32,763 5.2% 28,070 4�4� 27,504 o,o% 254 844.24$ 118 1137 11841 2174 184 35 15489 72,2% 4.1% 2.0 % 2.6% 4.0% 4.6% 3•9� 3•3� 3•3� o.o% 0.8 % 7•3� 76.4% 14.0 % 1.2 % 0.2% EXISTING CONDITIONS PAGE: 8 COST BURDEN AND AT-RISK HOUSEHOLDS Other key factors to examine are those households at risk of entering into a housing crisis, becoming homeless, or due to income constraints not able to maintain their housing. The 202o ACS poverty rate estimate for Grand Island (11.8%) is sLightly higher than the overall poverty rate in Nebraska (so.8%>. Those households tend to be the highest risk for home�essness because they are living on the financial edge and may have issues of income, food and housing insecurity. Table 6 illustrates the number of Grand Island residents that may be at risk or have challenges finding appropriate housing. An estimated 5, 246 households (26.7%) in Grand Island contain at least one member vvith a disability. The disability may be mobility, sensory or cognitive. As the population ages, the number of households With a person having a disability vcii�� likely continue to groW. There Wil� likely be increased demand for additional in-home care and there vvill be a need to construct or renovate existing housing to be fully accessible or visitable. A visitable home is one that can be lived in or visited by people Who have trouble With steps 202o Households BeioW tne Poverty �evei 202o Househo�ds vciith 1+ Persons vciith a Disability 202o Population vciith a Disability Hearing Difficulty Vision Difficulty nitive Difficulty Ambulatory Diffic Self-Care Difficulty Independent Living Difficulty Source: Census or vvho use Wheelchairs or vciaLkers. A house is considered visitable vcihen it meets three basic requirements: 1. One zero-step entrance 2. Doors vvith 32 inches of clear passage space 3. One bathroom on the main floor accessible by �wheelchair. Efforts shou�d be made to ensure nevci home construction and pub�icly funded renovation programs vciork tovciard increasing the number of visitable homes in Grand Island. The additiona� cost to make these improvements is small, but vciill pay �arge dividends by extending the time a person can age in place and allovv mobility- challenged individua�s to visit friends and family. The U.S. Department of Housing and Urban Development defines cost burdened households as those spending more than 30% of their household income on housing costs. Severely cost burdened households are those spending 50% or more of their household income on housing costs. Housing costs include mortgage or rent, and utilities. As Table 7 illustrates, over 13.5% of Grand Island's households are cost burdened and an estimated so.6% are severeLy cost burdened. 2,313 11,8% 5,246 26.7% 6,461 12.8% 2,044 4.0% 1,236 2.4% 2,603 5.6% 2,982 6,4% 1,180 2.5% 1,967 5•4� GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 9 � Greater than 30% but less than or equa� to 50% 1,05o g.2% 1,55o i9.5% 2,600 13•5� Greater than 50% 480 4.2% 1,56o sg.6% 2,040 10.6% Not Cost Burdened g,735 $6�0� 4,720 59•5� 14,455 75•1� No Income 45 0.0% Zo5 1.3% 150 0.8% Grand Total 11,310 ioo.o% 7,935 100.0% sg,245 soo.o% Source: 2015-2oig Comprehensive Housing AfFordability Strategy (CHAS) AFFORDABLE RENTAL HOUSING Communities can have a mismatch, or gap, betvcieen the number of units vciith affordable rents, versus the number of households vciho can affiord those rents vciithout becoming cost burdened. Table 8 estimates the number of renter households living in units that are affordable to their respective household income cohort, compared to the number of units available vvhich are affordable for that household. The columns are the estimated number of rental units afFordable to Grand Island households by income range, For example, there are and estimated 994 rental units that are affiordable to households earning less than 30% AMI. The rovvs estimate the number of rental househo�ds vciithin each income range, For example, there are an estimated 1,794 renter households vciho earn less than 30% AMI. Of those households, 570 live in units that have rents affiordable to those earning less than 30% AMI, 875 live in housing vvith rents aifordable to households making betvcieen 30% and 50% AMI, 334 live in housing affordable to households making betvcieen 50% and 80% AMI, and 15 live rental housing affordable to households making betvcieen 80% and to s00% AMI, Taken as a vcihole, Table 8 illustrates there is a �ike�y a need for approximately 80o units (1,794 . ..,�. . ,,� �. � �� ,�� , _f . �; �� _ . , ,. _ r� Less than 30% AMI 570 875 334 15 1,794 30% AMI to 50% AMI 215 835 420 65 1�535 50% to 80% AMI 70 1,000 865 35 1,970 80% to 100% AMI 2g 440 315 20 804 Greater than ZOo% AMI 110 775 820 115 1,820 Grand Total 994 3.925 2,754 250 7,923 Source: 2015-2osg Comprehensive Housing Affordability Strategy (CHAS) EXISTING CONDITIONS PAGE: 10 - 994) With rents affordable for those vciho earn affordable to households earning less than 50% less than 30% AMI. Interestingly, an estimated AMI, Approximately Z,go5 of those ovciners earn 110 households earning more than s00% AMI are more than Z00% AM, or vcieLL under vcihat they living in units affordable to those earning less might be able to afford. than 30% AMI. There is likely demand for step-up rental housing, vcihich could open up loWer cost units for lovci- and moderate-income residents. AFFORDABLE OWNERSHIP HOUSING Simi�arly to renters, homeovcmers may be living in homes above or belovci vvhat they can afford for their household income. TabLe g estimates the number of homeovcmers living in homes vcihose prices are affordable to their respective household income cohort. As the table illustrates, an estimated 4.824 homeovvners live in homes estimated to be The tab�e also indicates there is likely demand for existing homeovvners looking for "step-up" housing that is nevcier, and vciith more modern amenities. There are 6,484 househoLds earning more than s00% AMI, and most are living in homes vvith estimated values that are significantly lovcier than they can afford. -:ome �ess than 30% AM I 410 170 25 35 640 30% AMI to 50% AMI 500 230 35 30 795 50% to 80% AMI 11g0 720 65 49 2�024 80% to 100% AMI 81g 415 go 45 1,36g Greater than s00% AMI s,go5 3,095 704 780 6,484 Total 4,824 4,630 91g 93g 11,312 Source: 2015-2osg Comprehensive Housing Affiordability Strategy (CHAS) GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 11 E M P L 0 Y M E N T A N D J 0 B S The top five sectors vvith the largest grovcith in jobs The regional economy has a direct effect on the housing market. Job grovcith vciithout the corresponding increase in housing units can create upvciard pressures on the housing market, leading to price inflation and dissatisfaction vciith the perceived value of neighborhoods. Existing �I, , i_._ � � homeovvners during these periods of price escalation may see the upvciard movements of prices as a great return on their investment, vvhile renters may see the opportunities for home oWnership out of reach. In addition, potential nevci residents may see high housing costs as a reason to look to other communities for employment. Conversely, if there is an economic dovcinturn and a corresponding loss of jobs vciithin the community, there may be dovcinvciard pressures on the housing market pushing values lovver because the demand has �essened. Homeovcmers may see this as a loss in their equity, vcihile renter households may see this as an opportunity to move into homeovcmership because they vciere previously priced out. Employment and jobs data for this study are derived from the Census Bureau's Local Employment Dynamics (LED) Partnership program. The LED program integrates existing data from state-supp�ied administrative records on vciorkers and employers vciith existing censuses, surveys and other administrative records. This data provides insights into Where residents vciithin a community vvork, their earnings, basic demographics and industry sectors. The LED program also provides data on the types of jobs vciithin a community and the characteristics of commuters vciho fiLl those jobs. According to the 2o1g LED data, there vvere 30,423 jobs in Grand Island, vcihich has remained steady over the past decade. BetWeen 2oso and 2osg, there Was a slight overall job groWth of o.6%. See Table 11 on the next page. EXISTING CONDITIONS betWeen 2oso and 2o1g included: • Administration and Support (432> • Accommodation and Food Service (354> • Educational Services (Z97) • Manufacturing (18g) • Transportation and Warehousing (187) The top five sectors With the largest loss in jobs betvcieen 2010 and 2osg included; • Retail Trade (-433> • Healthcare and Social Assistance (-395� Wholesale Trade (-376> Other Services (-136) Public Administration (-132) Despite the slight job groWth in Grand Is�and, the number of employed residents has grovvn by over 12% during that same period. In 2oso, there vciere an estimated 22,242 employed residents, compared to 25,Zg8 in 2osg. Tab�e 10 illustrates the top five Grand Island resident employment sectors. TabLe so. Top Five Resident EmpLoyment Sectors .. Manufacturing 6,014 23•9� Hea�th Care and Social Assistance Retail Trade Accommodation and Food Services 3,175 12.6% 2,850 11.3% 2,134 8.5% Educationa� Services � 2,023 � 8.0% Source: U.S. Census 2osg LED Program PAGE: 12 f � ( l ( r � F i F F t F , r E � r E f f � F � < C E F � GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 13 � i ^� .�:4 �� ` �� _____ �, � �� , __.: �� .,�;:;., a . ;, I, aS � i� _._,�,..____--._.__. _,� �..___._.....__._.. .._... ,_...:__ ., _ _ _ . t--- �� EXISTING CONDITIONS PAGE: 14 HOl1SING MARKET ASSESSMENT The demand for additional housing in Grand Island is significant, and the need exists for both neW oWnership and rental housing units. The addition of nevv housing can be completed through neW construction, or the substantial rehabilitation of units not currently on the market, The current estimated rentaLvacancy rate is 2.37% and the estimated ovcmership vacancy rate is o.g8%, The effective vacancy rate is approximately 1.54%. The effiective vacancy rate is a measure of the actual number of vacant properties that are available for sale or rent. A healthy housing market should have an effective vacancy rate of bet�ween 5% and 7%. BeloW, vcie discuss the potential housing demand and production needs to achieve an effiective vacancy GRAND ISLAND DEMAND ANALYSIS The housing demand for Grand Island is determined by a four major elements; Current needs, projected household change, pent up demand, and commuter capture. 1. Current Needs are the net number of housing units needed to bring the housing market into a healthy vacancy rate. It is the difference betvveen units needed and existing units that are for-sale or for rent, 2. Projected Household Change is the forecasted change in the number of households in Grand Island. The five-year projection indicates a small decrease in housing units are expected. rate betWeen 5% and 7%. GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 15 , ,' � 1 �I 3. Commuter Capture is the potential demand from those commuting into Grand Island for Work. 4. Pent-Up Demand is demand that exists vvithin existing households vcihose housing situation is less than ideal. Pent-up demand is comprised of three main sources: those vciho are �iving in substandard conditions (overcrovciding, poor condition, etc, ), cost-burdened households looking for a more affordable housing alternative, and lastly those households vvho may be looking to "move up" to a more expensive home, 5. Pipeline Projects are housing projects that are currently underWay or in the final planning stages and likely to move forvvard in the next 12 - 18 months, As Table 12 illustrates, over the next five years Grand Island's population is expected to remain relativity flat and may decrease to 53,608 persons, vvithin 21,603 households. This is a relatively flat grovvth prediction vcihen the margin of error is considered and the population may in fact increase slightly. Based on the current lovci homeovvnership and rentalvacancy rates, and historic absorption rates of nevci housing units, this popu�ation projection is likely LoW, and Grand Island �wil� increase in both households and population. Whi�e the number of households is projected to decline, the number of vacant units is projected to increase. A rehabilitation incentive program should be an element of the housing strategy to decrease the grovciing number of vacant structu res. Table 14 illustrates current and projected estimated households by income range. The first tvcio columns are the 2020 HUD Area Median Income ranges and associated incomes. In 2020, 21% of the households earn less than 30% AMI, and 41% earn more than 100% AMI. As the table indicates, much of the househo�d grovcith vciill occur in households earning over s00% AMI. Ho�wever, this can change based on inflationary pressures and changes in Wages throughout the area. Table 12. Current and Project��' ' �� ' '�"� '� T� � " i Population 53.131 53,772 53.608 -0.3% Total Housing Units 20,758 soo,o% 21,364 soo.o% 21,603 soo.o% 1,1% Occupied Units Zg,6o1 94.4% 2o,2og 94,6% 20,126 93z% -0.4% Ovciner 11,528 58.8% 12,027 59.5% 12,167 60.5% sz% Renter 8,073 41.2% 8,182 40.5% 7,959 39�5% -2,8% Vacant Units 1,157 5.6% 1,155 5�4� 1.477 6.8% 21.8% Source: ESRI, Census HOUSING MARKET ASSESSMENT PAGE: 16 J Rental Vacancy Rate 2.37% 6% 8% Zo% 6% 8% so% Ovvnership Vacancy o,g8% Z,o% 1.5% 2% Z.o% 1.5% 2% Rate Effective Vacancy Rate 1.54� For Sa�e Units 118 120 180 241 2 62 122 Rental Units Z94 4g1 655 818 2g7 461 624 TotalAvailable Units 312 611 835 1059 299 523 747 Eifiective Vacancy Rate 3� 4� 5� Source: ESRI, CPI Tab�e 13 illustrates the current needs and demand units to satisfy the current needs by vacancy rate, based on existing vacancy rates in Grand Island. In other vciords, it's the number of units that should The renta� housing vacancy rate is estimated to be currently be availab�e in a healthy housing market. 2•37� and the estimated homeovciner vacancy rate is o.g8%, The Current Demand columns illustrate the Based on these rates, at any given time, there are approximately 118 for-sale units and s94 for- rent units avai�able, The Current Needs co�umns illustrate the number of needed for sale or rental o% - 30% 31% - 50% 51% - 80% 81% - 100% 101% - 150% Greater than 150% Source: ESRI, CPI Less than $26,200 $26,201- $35,800 $35,801- $57,300 $57,301- $66,300 $66,301- $99,450 Greater than $gg,541 Total Households GRAND ISLAND AFFORDABLE HOUSING PLAN potential demand, vcihich is calculated as (current needs - current supply). A positive number indicates demand for net nevci units, and negative number indicates a housing surplus. These needs are based on current vacancy rates. � 4175 21% 3635 18% -540 1720 9� 953 5� -767 4o8g 21% 3339 17� -750 1471 8% 1403 7% -68 3982 20� 4993 25� 1011 4164 21% 5623 28% 1459 sg,6o1 1g,g46 345 PAGE: 17 Potential Housing Demand There is very high demand for nevci housing units in Grand Island. Table 15 illustrates the estimated potential housing demand generated through current needs, pent up demand, and potential commuter capture. There is an estimated potential demand for betWeen 1,72o and 2,073 neW housing units. Most of this demand is for rental housing, and it is important to note that a significant amount of demand is driven by the ability to attract existing commuters to Grand Island. ��.;� � r� u�.. �� _ , Nevv For Sate Units 2 62 122 so% Substandard OWnership Units 2� 2� 2� 5% COMMUTER CAPTURE 437 437 437 ��STEP UP�� EMAND g5 95 95 PIPELINE PROJECTS 140 140 140 Potential Ovcmership Demand 421 386 446 Effective Rental Vacancy 6% 8% 10% Rate NeW Rental Units 297 461 624 15% Cost Burdened Renters 41g 41g 41g Zo% Substandard Renta� 64 64 64 Units so% Commuter Capture 874 $74 $74 Pipeline Projects 354 354 354 Potentia� Rental Demand 1,2gg 1,463 1,626 Total PotentiaL Demand 1,720 1,849 2,073 Source: CPI HOUSING MARKET ASSESSMENT The demand for additional housing over the next five years is not anticipated to grovci much more than the current demand, as illustrated in Table 16. The ESRI population and household projections indicate relatively flat groWth, thus the five-year housing demand projections are nearly identical to the current needs. These population projects are like�y loW given the current vacancy rates and historic grovcith. Additionally, a positive change in the employment base should induce housing demand above the current projections. _ , � _ �. �. � � � ..,...-. � r._,� _� ,..� .,.,�... Nevv For Sale Units 4 64 1z5 �� Zo% Substandard 2� �7 �7 Ovvnership Units 5% COMMUTER CAPTURE 437 437 437 ��STEP UP�� EMAND 95 95 95 PIPELINE PROJECTS 140 140 140 PotentialOvcinership 423 484 544 Demand Effective Rental Vacancy 6% 8% so% Rate Nevci Rental Units 284 443 602 15% Cost Burdened Renters 41g 41g 41g so% Substandard RentaL Units 95 95 95 10% Commuter Capture 874 874 $74 Pipe�ine Projects 354 354 354 Potential Rental Demand 1,318 i,477 1,636 Total Potential Demand I 1,740 � Z,g6o I 2,180 Source: CPI � PAGE: 18 Workforce Housing Needs The previous section discussed the overall housing demand presently and in 2027. This section examines the portion of the demand focused on �workforce and affordable housing. Workforce housing demand is similar to the overal� housing demand, but accounts for households in certain income ranges. Pent-up demand is limited to those households earning over 80% AMI. Commuter capture is limited to those vvorkers earning more than $3.333�month for ovcmer occupied demand, and more than $1,251/month for rental housing demand. Table 17 and Table 18 illustrate the potential vvorkforce housing demand, Table 17 is the current demand; vvhile, Table 18 is the anticipated demand in 2027. The current potentialvciorkforce housing demand, ranges from 715 total units to 1,163 total units. These numbers account for betvcieen 41,5% to 75,6%% of the total housing demand in Grand Island. There are currently 202 housing units vciithin tvcio pipeline projects that meet the definition of vciorkforce housing. There is great demand in the rental side of the housing market. By 2027, the estimated vciorkforce housing demand remains unchanged. The potential housing demand is heavily influenced by the lack of existing rental units and the number of commuters vciorking in Grand Island. Affordable Housing Needs Affordable housing means residential dvvelling units affordable to a household earning not more than eighty percent (80%) of the Area Median Income (AMI). In 2020, there vciere approximately g,g84 househoLds vvho met this definition. As discussed in the previous section, there are a significant number of cost burdened households, particular�y rental households, and there is a lack of rental housing affordable to those make less than 30% AMI. There are approximately 5,2gg renter households earning 80% AMI or less, and there are approximately 7,673 rental units that are meet the definition of affordable housing. While there are technically enough afFordable units compared to overall households, an estimated 1,794 extremely �ovci-income households are living in non- affordable units. The affiordable rental housing gap is approximately 80o rental units targeted to those vciho earn less than 30% AMI. If additionaL afFordable, or "step-up" units vvere developed, this may free up existing afFordable units Within the ovvnership market, there are approximately 3,459 homeovvner households earning at or be�ovv 80% AMI, According to HUD estimates, vciithin Grand Island, there are approximately g,454 occupied ovcinership units that are considered "afFordable". While technicaLly there is no affordable housing "gap" in the ovvnership market, many focus group participants raised concerns about ongoing affiordabi�ity due to high property taxes, and concerns about being able to age in place due to a lack of ADA accessible housing. Given that nearly a quarter of Grand Island's households have at least one person With a disability, efforts should be made to encourage accessibLe or visitable housing in all future developments, particularly those that receive public assistance. GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 19 � Der- _ . � Deman� i�r`�:�:.i�i'i:rt�� NeW For Sale Units Zo% Substandard Ovvnership Units (80% AMI) 5% COMMUTER CAPTURE (earning $3,333+� month) "Step Up" Demand Pipeline Projects Total Ovcmership Demand Effective Renta� Vacancy Rate Nevci Rental Units 15% Cost Burdened Renters so% Substandard Rental Units Zo% Commuter Capture (earning $1,251+/ month) Pipeline Projects Total Rental Demand Total Potential Demand Source: CPI �� e� 193 193 193 95 95 95 202 202 202 g6 156 216 Nevci For Sale Units so% Substandard OWnership Units (80% AMI) 5% COMMUTER CAPTURE �$3.333+ � month) "Step Up" Demand Pipeline Projects Total Ovcinershiq Demand � " � �e� 193 193 193 95 95 95 202 202 202 g8 158 21g 6% 8% so% Effective Rental Vacancy Rate 297 461 624 NeW Rental Units 8 8 8 15% Cost Burdened Renters 12 12 12 10% Substandard Rental Units 302 302 302 so% Commuter Capture ($1,251+/ month) 0 0 o Pipeline Projects 61g 782 946 Total Rental Demand 715 � g3g � 1,i63 � Total Potential Demand Source: CPI HOUSING MARKET ASSESSMENT �� :. .. •• �� 12 I 12 I 12 302 302 302 0 0 0 605 765 924 703 I 923 I 1,143 PAGE: 20 HOUSING CHALLENGES GOALS AND , STRATEGIES HOUSING CHALLENGES The housing cha�lenges faced in Grand Island are not unique, and are found in one form or another across the Midvciest and throughout the country. Housing production has not kept up vciith demand and most markets tight vcihich affiects economic development, community prosperity and financial security for millions of residents. Through analysis and focus group discussions, the biggest housing challenges Within Grand Island include: • High cost burden for renter households • Difficulty finding available housing • Lack of housing type variety • High deve�opment costs The first tWo issues have been thoroughly discussed in previous chapters. Zoning and other building and development regu�ations can play a part in the perception or reality that housing is too costly to construct and there is little housing diversity. Table Zg illustrates the major districts vcihich support residential zoning and the percent of acreage that district represents. Under the current zoning code, technically, "missing middle" housing can be constructed in any residentia� district because the code requirements are based on density, not housing type. Hovciever, in practical terms building missing middle housing in the R-1 and R-2 Districts, Which is 35% of the residentially zoned land, is not cost effective. To build a duplex or triplex in the R-1 district Wou�d require nearly GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 21 i � r _ � i � � 7 1 � i .+ � � � ' r � � L -1 L � � 7 i�Vlfl2 '<61. � �.'.�' ' � � a-,, z�,ka I k�::.. , i.*,� ' � � � h _ +�,:� �.'fc :�c��. � � � — _ � E: - .�E.+�[� ,;LLR:. :i � � �,..�. ^s:. :.. �r= . . i _ �. � � 4: J . L: R2� , , �� LCR• t r—� • ..: R2 � , �. E �,.s�i .� RO E :� � I �i LLR:�e�i:isiit� BZI �� 1 �fisiiiaa � _ � �i ��;f, Ri 4 � %� � ,3� LLR= . . �j �; Ri ��1 R4 R2 ' I � I^ � . . , .. ., --a , �' � LLIL� _ � . R2 .� � �---I--' '- — . " LLR t. . . � , ,� ', � �. ' .''f� . ^' �, .;�,• � R2 � R2 '� �� '�, � R4 ♦ Rl � � �� . ^ , _... Ri Rz -- g n _ .LLR.+� , .... � i � �� RO R{� R4 > r„ I ....,t �R4 �-- u[ 63,'�,� �, 4 ��""��' _ =�i�?� �.�t�3?:: ._ .`:: .� . R2 ': � ... LLR �r G, R2 i:i �`' � w.:, i Rl � � �� u 1 � �_ - "�„ ' �; r � i uR � . � _ r Cornhusscer � ; ' � � ! : B2 w�idllfe = 4" - �I' � Management :iLLR7C• fr �v"''4`" Rl� R2.'.xr� ...... cv Area p._...... � . .�,. ..,,a. �r, J .. _... , � .; . „� B2 --� LLR :� r . ._. , t,., � .. . x Rl ' R2 i. �''r .... . . .:: � ,, „ � � � ., � � I — =iL � � _— � :�itRDLL �' e i � � �mn� � �tii � a �' 1� ......�.. j. .�..� '.�S'. . . „ � R� � �. il ¢{. _ �� J � _ .;`�, _ � II '': � 1 's Q. �� 1 � � tia.°i' S i �— i Q�� i I I �� I �� . -� * J L 1 L � ..'� i '�_ �� f � I � L� ._ _ � l� .. J ' `. � �4`� '1 LLR - Large �ot Residential I 4379 3 I 29� I RO - ResidentiaL Office I 620.o I 4� R-1- Suburban Residential R-2 - LoW Density Residential 2087�7 I 14� 3197.1 � zi% RD - Residential DeveLopment Zone Bs - Light Business Zone 444•2 I 3� 351•3 � Z� R-3 - Medium Density Residential I 504.8 I 3% I B2 - General Business Zone I 24z7.1 I 16% R-3SL Medium Density Small Lot Residential I 144�$ I 1% I B3 - Heavy Business Zone I 152.2 I 1% R-4 High Density ResidentiaL g81.6 � 6% PAGE: 22 Source: Grand Island / CPI RECOMMENDATIONS a i/2 acre or 2/3 acre respectively, To build a double or triplex in the R-2 district, near Where many of the schools are located, vciould require nearly a 1/3 acre or 1/2 acre respective�y. It Would take nearly 1 acre of land to build a duplex and 1,5 acres for a triplex in the LLR district. Renta� vacancy rates �wi« be betWeen 6% and 8%, up from 2..37% today. HOUSING GOALS AND STRATEGIES The housing challenges Grand Island faces are not nevci and have taken decades to manifest themselves. The strategies outlined in this study should be re-evaluated on a regular basis to ensure resident needs are being met and the implementation of this p�an is being carried out by all stakeholders in the development arena. It should also be noted that economic cyc�es vvill play an impact in the housing market, and those cycles are often out of the control of Local leaders and housing advocates and developers. . The goals of the strategy recommendations are to facilitate the transition to a balanced housing marhet that supports the needs of Grand Island's households at all stages of their lives. Goal #i: Increase the number and types of housing units to meet the needs of Grand Island's current and future residents. Outcomes: , � Residents have access to a variety of housing options: • Missing Middle housing vvill account for 20% of the housing types, up from i7.5% today. Working households have access to housing that meets their budget • 20% of nevci housing construction meets the definition of "Workforce housing". Vacancy rates Will reflect a healthy housing market • Homeovvnership vacancy rates vciill be betvcieen 1.0% and i.5%, up from o.g8% today. GRAND ISLAND AFFORDABLE HOUSING PLAN Strategies: 1. Prioritize public funding for projects that incorporate affordable, missing middle and/or Workforce housing. i,s - Consider performance requirements as a condition for TIF approva� such as a minimum set-aside requirement for affordable or �workforce housing units. sz - Incorporate missing middle housing in a portion of Rural Workforce Housing Fund applications. 1,3 - Waive building permit and tap fees for affordable housing projects vcihich are restricted to those earning less than 80% AMI. Explore creating a Community Land Trust 2.1- Community Land Trusts are designed to ensure the long-term affordability of housing vciithin a particular development. A community land trust is a deve�opment vcihere the underlaying land is ovvned, typically, by a trust or community non-profit vvhose mission is to create affiordable housing. The home buyer ovcros the improvement and is usually granted a �ong-term �ease that is at least the term of the mortgage or gg years. The key distinction is there is a deed restriction or restrictive covenant running vvith the land, thus, ensuring affordability by limiting the income of the subsequent home buyers, thus ensuring long- term affordability. The Land Trust is established to enforce the restrictions, vcihich are civil matters and not under the jurisdiction of the City or County. In lieu of establishing a single-purpose entity for administration of the trust, that function could be carried out by a �ocal Community Development Corporation. 3. Explore Shared Risk Loan Pools for higher-risk Workforce and affordable housing projects Many communities have recently funded targeted shared-risk loan pools that are used to spread the risk in emerging markets, The PAGE: 23 concept revolves around a loan fund that is seeded through contributions by local banks, businesses, or federal programs such as the Community Development Financial Institutions Fund (CDFI Fund). Shared risk pools are designed to invest in a�l types of housing, not just single-family for-sale housing. The loan fund can invest in various housing projects as determined by a governing board. The investment capital Would be structured as patient capital that is in a subordinate position to the primary debt. This is not a grant. The purpose of the investment is to loWer the amount of primary debt the project needs to service, thus making the project more financially feasible. When a project is refinanced, in the future, the fund vciould recoup its investment. Alternatively, the fund could be the primary lender and each investor in the fund �wou�d only risk a pro-rata share of the investment. �! Revise zoning regulations to encourage housing variety and afFordability. While the zoning code does not prohibit missing middle housing in the most vciide�y zoned districts, the minimum density requirements are uneconomical, affordable for the most vulnerable residents. The overall quality of housing in Grand Island vciill improve Strategies: i. Target redevelopment strategies tovvard vacant and abandoned properties. The 202o ACS indicates that of the 1,157 vacant units, 531(45•8�> are "vacant-other". These units are neither for sale, or for rent, are likely abandoned structures, and can quickly become dilapidated vcihich may lead to neighborhood deterioration and loss of confidence by area residents. These structures can also be rehabilitated and placed in service if the deterioration is not too far along, and should be prioritized as part of any neighborhood revitalization effort. 2. Target CDBG funds to�ward property Grand Island shou�d explore encouraging 3 affiordable or missing middle housing by amending the code to: 1. Conditionally permit missing middle housing (toWnhouse, duplex, triplex) under certain conditions such as: • Infill lots in the R-1 and R-2 districts • When vvithin 1/2 to 1-mile of an existing elementary or middle school 2. Reduce parking requirements for units vvith 2 or fevcier bedrooms to 1 space per unit. Goal #2; Improve and preserve existing affordable housing. Outcomes: • Existing affordable housing vciill remain improvement for lovci and moderate income residents. Many lovv- and moderate-income residents, particularly seniors, struggle to maintain their homes due to rising costs. Additionally, many older homes are not designed for those vciho may become physically disabled. Develop programs to promote the private renovation of vacant homes. Encourage the promotion of existing programs such FHA 2o3K loans. A FHA 2o3K loan combines the cost of the initial purchase p�us the cost of renovations or expansions into one �oan product that is insured by FHA. This unique �oan product is particularly vciell suited for those interested in purchasing a vacant house, or one needing substantial renovations. The benefit of the loan product is the interest rates are fixed, and the �oan amount is based on the current purchase price, p�us the cost of the improvements. The program also protects lenders by allovving them to have the loan insured before the condition and value of the property may offer adequate security. RECOMMENDATIONS PAGE : 24 Despite the benefits, this loan product is not ' vvell utilized throughout Nebraska. There ��, � 1 Were no Nebraska �enders vvho originated .� � ` � a 2o3K loan in 2021, hoWever five lenders � y � originated 2o3K loans in 2020: ��` `„ • First Nationa� Bank - Omaha • Guild Mortgage Company - Omaha • Movement Mortgage LLC - Omaha • Prime Lending (A Plains Capital CO) - Lincoln • Regent Financial Group, Inc - Omaha The FHA 2o3K loan product could be a very useful tool for those Who Wish to purchase and rehabilitate a home in Grand Is�and. Since the program has not been utilized here, there vciill be a learning curve for all parties involved, Goal #3 Reduce development costs vcihere possible. Outcomes: • The amount of housing that meets the definition of "Workforce housing" Will increase. Strategies: 1, Explore partnerships With the Nebraska Manufactured Housing Association to Work vciith local housing manufactures to develop a pa�ette of neighborhood context sensitive home plans that can be constructed on infill lots; Today's modular and manufactured housing factories can modify almost any set of plans and home design to be constructed in an off-site manufacturing facility. Designs can be contemporary or modern. All of the pictures on this page are examp�es of modular homes constructed in Indiana. One of the many concerns expressed vcias the high cost of construction and lack of quality subcontractors. Modular and manufactured housing (industrialized units) can help bridge this gap, TypicaLLy, there are tvcio types of industrialized housing products: modular GRAND ISLAND AFFORDABLE HOUSING PLAN � � I�""��. housing, Which is constructed using a state adopted building code, and manufactured housing, Which is constructed using a HUD approved building code, For the purposes of this report vve vvill use the generic term "industrialized housing" to refer to both. General�y speaking, industrialized housing can cost betWeen so% - 20% less than conventional site-built housing, and depending on the type of product, can be more energy-efficient than conventiona��y constructed housing. Note hovciever, the customization options are significantly limited, so this is probably not a product for the upper-end price points, but is a good option for entry-level and moderately priced neW construction. PAGE: 25 ... �� t� ^�.: 2. Proactive�y extend public utilities to reduce 2. Work vvith affordab�e housing developers to the costs of development and encourage create additional rental housing for very-lovci development in appropriate areas. income families. The cost of extending vciater and seWer utilities The afFordable rental housing gap is is expensive and significantly adds to the cost approximately 80o rental units targeted to of developing land. The city could proactive�y those �who earn Less than 30% AMI. These finance and extend the main lines vcihich households tend to be �arge families vciith vciould 1) reduce development costs, and 2) one vciage-earner and may be on the edge of actively direct vcihere development vvill occur homelessness. in a more planned and orderly manner. Goa� #4 Improve household stability Outcomes: • The number of severely cost burdened renters are reduced • Very lovci income households are appropriately housed and the risk of homelessness is reduced Strategies: 1. Work vciith existing subsidized housing ovciners to ensure their properties are vciell maintained and the affordable units are preserved. Within Grand Island, there are approximately 365 subsidized units vciithin six non-public housing developments that serve very lovv income residents and persons vciith disabilities, These developments provide housing for some of the most vulnerab�e populations and should be preserved. Affordable housing projects seeking public assistance shouLd have a portion of their units targeted toWard this income cohort. <,K�;, ��`��" RECOMMENDATIONS PAGE: 26 � _ a �' � �.��_.. �.� � i � _� ��;; , , .� �.,�. r... 1. Prioritize public funding for projects that incorporate 1, 2, 3.4 1, 3 1 to 3 years affordable, missing middle and/or vvorkforce housing. 1,1- Consider performance requirements as a condition for TIF approval such as a minimum set-aside requirement for 1 1 to 3 years affordable or Workforce housing units, 1.2 - Incorporate missing middle housing in a portion of 1, 3 1, 3 1 to 3 years Rural Workforce Housing Fund applications. 1,3 - Waive building permit and tap fees for afFordable housing projects vvhich are restricted to those earning less 1, 2 7 1 to 3 years than 80% AMI. 2. Explore creating a Community Land Trust 1, 2 1, 4, 5 3 to 5 years 3. Explore Shared Risk Loan Pools for higher-risk Workforce 1, 5 4, 5 3 to 5 years and affordable housing projects 4. Revise zoning regulations to encourage housing variety 1, 2 7 i to 3 years and affordability. 4,1- Conditionally permit missing middle housing (to�wnhouse, duplex, triplex> under certain conditions such as: 1 7 1 to 3 years • Infill lots in the R-1 and R-2 districts • When vciithin 1/2 to 1-mile of an existing elementary or middle school 4.2 - Reduce parking requirements for units vvith 2 or fevver bedrooms to 1 space per unit. 1 � 1 to 3 years Organization: 1. Grand Is�and 2. Hall County 3. Grand Island Economic Development Corporation (EDC) 4. Grand Island CRA 5. Local Developers / Home Builders GRAND ISLAND AFFORDABLE HOUSING PLAN Incentive Sources: 1. General Funds 2. Bonding 3. TIF 4. Grants 5. Private Funds 6. Sales Tax/Occupational Tax 7. Non-monetary PAGE: 27 � i � • � �' f �, s;�, ♦ � � 1. Target redevelopment strategies tovciard vacant and 1. 5 1. 2, 4, 5 1 to 3 years abandoned properties, 2. Target CDBG funds tovciard property improvement for �ovci 1 4 1 to 3 years and moderate income residents. 3. Develop programs to promote the private renovation of vacant homes. Encourage the promotion of existing 1, 5 5 1 to 3 years programs such FHA 2o3K loans. � .. -. .- -.. - . --.. . 1. Explore partnerships vciith the Nebraska Manufactured Housing Association to vciork �with Local housing manufactures to develop a palette of neighborhood 1, 3, 5 1, 4, 5 3 to 5 years context sensitive home plans that can be constructed on infi�l lots; 2, ProactiveLy extend public utilities to reduce the costs of development and encourage development in appropriate 1 1, 2, 3. 4 3 to 5 years areas, .. .. . .. ..�� 1. Work vvith existing subsidized housing ovvners to ensure 5 or more their properties are vciell maintained and the affordable 1, 2, 5 3. 4. 5 years units are preserved. 2. Work vvith affordable housing developers to create 1, 3, 5 1. 3, 4, 7 3 to 5 years additional rental housing for very-lovci income families, Organization: 1. Grand Island 2. Hall County 3. Grand Island Economic Development Corporation (EDC) 4. Grand Is�and CRA 5. Local Developers / Home Builders Incentive Sources: 1. General Funds 2. Bonding 3. TIF 4. Grants 5. Private Funds 6. Sales Tax/Occupational Tax 7. Non-monetary RECOMMENDATIONS PAGE : 28 � GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 29 � APPENDIX A: FUNDING RESOURCES �`...� � ! � 4� � . .� � &._. E � k �� .: - �� '_, . �.� �.�� , �t� � " - "�� ' �� ;� � � +�. , � �� :"- r _ �` ��`'� �' �� .,w,�{pkr �. �n.,... .� y. .. �.�.i- x The follovving pages layout many diffierent funding sources available to be used for different aspects of housing and community development. In total there are 15 pages of funding; hovciever, not a�� of the programs vciill be appropriate for Loup City, As this study is implemented, it vcii�� be critical for the entities to take advantage of a�l the programs they can in order to �ovcier the overall out of pocket costs on projects. The list of funding sources, DOES NOT include local funding tools such as Tax Increment Financing, Sales Tax, Occupation Taxes, Revenue Bonds, and many others. Therefore, these sources are in addition to many of the local funds that could be used as We��. ,� �;��Y� � � � � �` °,'°r ,^_, � � pa ��. ; � , . �j it. RECOMMENDATIONS PAGE : 30 GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 31 � � � • � � � W 5 . �.: � � ��• � � �"��' ��ry �� •• • �� ' % } TheAtLstate Foundation West Central Region ALLstate Capitat Three (3> focus areas for community investment Provides support Grant proposals Grant Committee http://vwvvv.allstate.com/ Foundation Program are: tolerance, inclusion and diversity; safe and vital Statevvide nonprofit, tax-exempt are accepted year io800 East Geddes foundation/ funding- communities; and economic development. organizations. round. Avenue Suite 30o guidelines.aspx Englewood, CO 8oiiz 303779 3769 Serves as the philanthropic arm of the American American Academy Academy of Family Physicians. Primary goal is to Residency programs, of Family Physicians American Academy enhance health care delivered to the American people medicat residents Grant proposals Foundation http://vwv�w. of Physicians Program by deve�oping and providing philanthropic resources State�wide and students, are accepted year i�400 Tomahawk Creek aafpfoundation.org Foundation for the promotion and support of family medicine. A AAFP Chapters and round. Parkevay, Suite q4o variety of initiatives are supported that relate to scientific, individuals. Leav✓ood, KS 662ii-2672 educational, and humanitarian family medicine goals. gi3.906,6000 Supports higher education, through scholarships Charitable Contributions Primarily limited to Anheuser-Busch and mentors. Other causes include health care and Nationally with an Grant proposals Anheuser-Busch nonprofit 5oi(c)(3) Companies, Inc. Program human services, minority leadership and economic emphasis around are accepted year Foundation development, civic, cultural enrichment and corporate facitities. °rganizations near round. One Busch Place St. environmental conservation. A-B faci�ities. Louis, MO 63u8 Toll Free: i.800.34z.5z83 AT&T Foundation Supports under served popu�ations and promotes AT&T Pubtic Relations http://vwvvv.att.com/ education programs that create economic opportunity. Nonprofit Refer to Web site Contributions Coordinator AT&T Foundation Program Three priority initiatives are supported that focus support. Statevvide organizations for detaits. 55oi LBJ Freeevay Room 9en/corporate- Refer to Web site for more information. 3o0E citizenship?pid=7736 Dallas, TX 75240 Supports organizations involved with early childhood Letters of interest development, the environment, AIDS, employment, Giving on a national are reviewed on an agricutture, housing, youth citizenship, civil rights, basis and to U.S. Ben & Jerry's Foundation ongoing basis for Ben & Jerry's community development, citizen participation, territories. No support 3o Community Drive grants under http://benjerry.com/ Foundation Capital minorities, Native Americans, vvomen, gays and lesbians, Statevvide for state agencies, South Burlington, VT immigrants, economically disadvantaged people and basic or direct service $1,000. There are o54o3 foundation/ index.html no deadlines for homeless peopte, Special emphasis is directed toward organizations or 802.846.isoo programs designed to facititate progressive social universities programs. filing proposals for change and social justice. larger grants RECOMMENDATIONS PAGE: 32 _ - � w . �. � .� � . ,�p� . . •, .. ; .. .,,. �. 4 Nonprofit 501(c)(3) status. Proposals should identify a special need or project to which Supports organizations engaged in activities in rural funds Will be applied Bemard K. areas of Nebraska. Areas of focus include education, and should inctude Bernard K. & Norma F. Grant proposals and Norma F. agriculture, children's services, mentally disabled centers Rural areas of objectives to be Heuermann Foundation Heuermann Program and services, disabled and aging. Types of support Nebraska. attained, people are accepted year p0. Box 54Zo8o No Web site available. Foundation include general/operating support, endovvment funds, or groups .uho ,uill round. Omaha, NE 68i54-8o80 fellowships, research and matching funds. benefit, Work plans or timetables for achieving the stated objectives and any other means of support Makes charitable grants for higher education and Primarily limited to Foundation Coordinator adult education and supports exhibits, concerts and Statewide in nonprofit 5oi(c)(3) BF Goodrich BF Goodrich other projects that enhance the civic, community communities in Which organizations where Contact for Four Coliseum Centre Foundation Program and economic vitality of a region. Facititates making its employees live the company and its information. 273o West Tyvola Road of philanthropic gifts to recognized, tax-exempt and Work. subsidiaries operate Charlotte, NE z8z17-4578 organizations by individual and corporate donors. major facilities. 7o4.4z3 7000 Bridgestone Americas, Bridgestone Supports education, health and vvelfare, civic af�airs and Communities near Inc. Firestone Trust Program arts in communities Where Bridgestone/Firestone has Bridgestone/ Nonprofit 5o1(c) (3> Contact for 535 Marriott Drive firestone.com/trustfund. Fund operations. Firestone operations °rganizations information. P.O. Box 14oggo asp# Nashville, TN 37ziq 6i5.g37.i000 Nonprofit The Build-A-Bear Committed to improving communities and impacting organizations that Workshop Foundation "Build-A-Bear lives through unique philanthropic programs that help help children and Grant proposals Workshop Program children and families, animals, and the environment. Statewide families, animals, are accepted year �954 Innerbelt Business Foundation' Support for health and Wetlness, education/literacy and and Yhe environment round. Center Drive disaster recovery is also considered, directly. St �ouis, MO 63i�4-5760 314 423,8000 Established to support organizations involved with arts Burlington Northern Santa Burtin ton and culture, education, health, mental health, hun er, Statewide in g Capita g communities in which 5oi(c)(3� nonprofit Contact for Fe Foundation Northern Santa Fe program human services, pubtic policy research, civic affairs, its employees live organizations. information. 56oi West 26th Street Foundation senior citizens, Native Americans, women and homeless and evork. Cicero, IL 60804 people. $17.35z34z5 RECOMMENDATIONS PAGE: 33 � - � � . �� . . . � •. !. .• ...• .• fr Focuses primarily in three (3> areas: nutrition and health, innovation in education and stewardship of natural resources. To organize community involvement 5oi(c)(3� nonprofit Cargill Citizenship CargiLl Citizenship activities, many locations have established Cargill organizations, Committee Department "http://cargill.com/ Committee, Cares Councils, formalized groups of employees that Emphasis on retigious Contact for Program P.O. Box 565o commitments/ Corporate Giving coordinate volunteer programs and direct resources to company locations. organizations information. Program meet community needs. Enriched Communities Initiatives and educational Minneapolis, MN 55440 community/index.jsp" is one of CargilCs measures of performance. Cargitl organizations. 95z 74z.z931 businesses also include community involvement as part of annual business plans. Frederick S. Bucholz, Support directed President Carl and Caroline Supports organizations active in research and charitable State�wide �with an Grant proposals Carl and Caroline Swanson Program activities in the sectors of healthcare, education and emphasis on Omaha- tovvards 5oi(c) are accepted year Svvanson Foundation (3) nonprofit Foundation outdoor recreation. based organizations round. 4935 Battlefield Drive organizations. Omaha, NE 68i5z-i556 4oz.453 7500 Emphasizes supporting programs for under served, low-income persons. Priority areas of giving are in the following areas: arts and culture programs that Board meets he H&R Block Foundation increase accessibility by all people; community Soi(c)(3) nonprofit quarterly. Deadtines One H&R Block Way H& R Block development projects that build stable neighborhoods Communities evith an organizations http://vv�wvv. Foundation Program and communities; education organizations that offer H&R Block presence. and educational for applications are Kansas City, MO 64105 hrblockfoundation.org diverse learning opportunities for all ages; and health and institutions. in February, April, 8i6.8544361 human services and youth development programs, Major July and October. foundation�a hrblock.com" emphasis is placed on support of activities that serve under served, tovv-income persons. Assists public or nonprofit entities to initiate or implement projects in rural areas to undertake consensus- The Laura Jane Musser based activities in environmental steevardship or Deadtines different Nationally with Fund dispute resolution. The Laura Jane Musser Fund Nonprofit 5oi(c)(3) for each grant limited support 3i8 West q8th Street encourages communities, vvhether represented by local organizations, units of category. Refer to Laura Jane Musser availabte to Minneapolis, MN 5541g http://vvwvci.musserfund. Fund Program governments, state agencies, or grass-roots not-for-profit communities in �ocal government. Web site for current 6iz.8z5.zoz4 org organizations, to use a consensus-based approach to information. environmentaldecision-making and use a collaborative Nebraska ljmusserfund�laearthlink. process to involve key stake holders and local citizens net in developing environmental program and policies that satisfy common interests. GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 34 _ � � i �� • < .F .� . . .. .. .,.. � Monsanto Fund 80o North Lindbergh Funding availabte Boulevard St. Louis, 5oi(c)(3) nonprofit All giving falts into one or more of the four priority internationa�ly With Jan. i& July i Missouri 63i67 Monsanto Fund Pro ram areas: nutritional im rovement throu h a riculture, the s ecific interest in the organizations. http://vwv,u. 9 p 9 9 P 314 F>94.4391 monsantofund.org environment, science education and communities. Mid�west monsanto.fund�a monsanto.com Provides financial management, strategic development, Services provided by Nebraska Community technical assistance and education/training services the Foundation are Deadlines different Foundation Nebraska to communities, organizations and donors throughout available to Nebraska for each grant 65o J Street, Suite 305 Ca ital p; Community p Nebraska via affiliated fund status. The Foundation does Statewide communities, category, P.O. Box 83io7 htt //vvww. Foundation Program not itsetf provide grants, but facilitates giving through its charitable Contact for Lincoln, NE 685oi nebcommfound.org affiliated funds; information about these affiliated funds is organizations and information" 4o23z3J33o available on the NCF .vebsite. donors. info�a nebcommfound.org Provides grants to nonprofits, locat governments Nonprofits, local Nebraska Department of governments and and pubtic housing authorities for a number of uses, Economic Development Nebraska public housing including developing neW single-family housing and Once a year. Refer P.O. Box gq666 Department Capital authorities. loev to moderate income rental units, adapting old Statewide to Web site for 3oi Centennial Mall South http://vvvvw.neded.org of Economic Program buildings as rental housing, rehabilitating existing rental Competitive funding information. Lincoln, NE 685og-4666 Development ro erties and administerin homebu er assistance and and allocations p p g v determined by 402.471.3760 rehabititation programs. regions. Funds community strategic planning; analyses of impediments and barriers to fair housing choice; neighborhood/comprehensive/ strategic development plans; functional or special studies for housing, Nebraska Nebraska Department of infrastructure, community economic development, land incorporated As funds are Economic Development Nebraska use/ regulatory measures, main street improvement municipalities under available. Refer to P.O. Box 94666 Department p�annin district, downtown revitalization, energy conservation Statewide http://vwvvv.neded.org of Economic g and transportation; environmental, heritage tourism, 50,00o poputation Web site for current 3oi Centennial Mall South Development and historic preservation studies; and pre-engineering and Nebraska deadline Lincotn, NE 685og-4666 studies for publicly owned v✓ater/v✓astewater projects. counties. qoz.47i.376o Maximum grant amounts are $30,00o for community/ unincorporated county projects and $50,00o for multi- community, countyvvide or regional projects. A Z5 percent match is required. RECOMMENDATIONS PAGE: 35 r � � . .. . � . . ... . .. .... .. x Increases the suppty and improves the quality of Community-based afrordable housing in Nebraska, to improve the ability of organizations, Nebraska Department of tocal jurisdictions, Nebraska communities to maintain and develop viabte and stable Economic Devetopment locaVregional Pre-applications Department Capital economies. Funds may be used for repair, rehabilitation P.O. Box g4666 http://vwvvv.neded.org of Economic Pro ram or reconstruction of owner-occu ied homes; ac uisition Statevvide housing authorities, are available in the g p q community action Spring. 3oi Centennial Mall South Development and/or rehabilitation or neev construction of homes or agencies, reservation- Lincotn, NE 685og-4666 afrordable rental housing; and organizational operating qoz.47i.376o expenses to increase the capacity of the organization to based nonprofit produce and develop affordable housing. organizations and for- profit entities. CROWN utilizes the LoW- Income Housing Tax Credit program as one financing tool as �well as HOME funds, Developers of Afrordable Housing Trust funds, Federat Home Loan projects that create Nebraska Investment Nebraska Bank funds, local government grants and loans, and lots suitable for Finance Authority Lincoln Investment traditionat development financing sources. Created as a affordable housing On-going Ofice (headquarters) https://vwvvv.nifa.org Finance Authorit Ca ital lease-to-ovvn housin ro ram develo ed to brin home Statewide tar etin incomes at 1z o'O' Street, Suite zoo Y P 9P 9 p 9 9 9 3 (NIFA) ovvnership vvithin reach of very lovv-income households or belovv 60% of area Lincoln, NE 685o8-i4o2 vvhile assisting local governments in revitalizing median income. qoz.434.3900 neighborhoods. Seeks to construct housing that is decent, safe, and permanentty affordable for lovv-income residents. Provides lovci-interest rate financing for manufacturing Housing or economic facilities, certain farm property, health care facilities, development entity, Nebraska Investment Nebraska residential rental properties, housing rehabilitation, profit or nonprofit. Refer to website for Finance Authority Lincoln Capital http://vwvv✓.nifa.org Investment homeovvnership, and vvastevvater treatment and safe Statevvide without direct access current deadlines Office (headquarters> Finance Authority Technical drinking water facilities. Has authority to provide financing to property tax iz3o 'O' Street, Suite zoo (NIFA) for public safety communications projects and administer revenue streams Lincoln, NE 685o8-iqoz the Federal Lovv Income Housing Tax Credit program for 402.434.3goo residential rental property development. Responding to a slowdown in infrastructure development and lot production for affordable units. NIFA created Developers of Nebraska Investment Nebraska the Infrastructure Loan Guarantee Program in igg6. The projects that create Finance Authority Lincoln Investment Capital program is not a direct loan program, rather, it provides Statewide �ots suitable for On-going Office (headquarters) https://vwvvv.nifa.org Finance Authorit a loan guarantee on all or part of a conventionally affordable housing y originated loan for the devetopment of affordable, targeting incomes at iz3o 'O' Street, Suite zoo (NIFA) targeted lots. A loan guarantee reduces the risk to the or belo�w �,50% of area Lincotn, NE 68508-�402 private lender, thereby increasing the availabitity of inedian income. 402.434 3900 funding for these types of projects. No app�ication form Lynne Werner Supports charitable, educational, cultural and civic Contact for details required. Preference ProposaLs are Ron and Carol Cope Ron and Carol Capita Foundation community programs for the residents of Nebraska, with regarding geographic given to nonprofit accepted year Cope Foundation Program P.O. Box i768 particutar interest in the community of Kearney areas of focus. cultural organizations round. Grand Island, NE 68802- and public agencies. 1768 GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 36 _ � � g. . .. ;, � ,. � •• . � • •��" •� t �• •��• •• Supports organizations involved with arts and culture, education, the environment, health, chitdren and youth, human services, community development, civic Shell Oil Company https://vwvvv.shell.us/ affairs, disabled people, minorities and economically Shell OiLCompany Nonprofit, tax-exempt Contact for P.O. Box 2463 sustainabitity/request- Foundation Program disadvantaged people. Special emphasis is directed Statewide organizations. information Houston, TX 77z5z for-a-grant-from-shell. tovvard specific educational, environmental and quality- 7i3.zqi.6i6i html of-life programs that are atigned vvith ctearly defined educational and social concerns. Giving is provided on a national basis in areas of company operations Focuses contributions in areas of arts, culture, humanities, No application form D. David Slosburg required. Funding "Slosburg Family civil rights and liberties, community improvement and Letters of inquiry ioo4o Regency Circle Charitable Capital development, education, environmentat quality and Statevvide directed to a variety may be submitted Suite zoo Program of nonprofit TrusY protection, disease prevention, health improvement and organizations active in any time. Omaha, NE 68iiq youth development. qo2.3gi.7go0 charitable activities. Provides cash contributions to nonprofit organizations in priority areas of affordable housing and economic Section 5oi(c) Contact Community October i US Bancorp Capital opportunity, education and artistic and cultural State�wide (3) nonprofit Relations at the closest Technical enrichment. Support goes to communities where U.S. organizations branch Bancorp is located and organizations in the community development sector. Administers rural business, cooperative, housing, utilities and community development programs. Rural Development offers financial programs to support USDA Rural Development essential public facilities and services as water and Rural communities Programs Nebraska State Office US De artment of Capital sevver systems, housing, health clinics, emergency With a poputation operated Room 152, Federal p http://vwvv✓.rurdev.usda. Agriculture (USDA) P�anning service facilities and etectric and telephone service. Rural State�wide of less than 50,00o continuously. Buitding ov Technical Development also promotes economic development people and their Contact local office ioo Centennial Mall North g by oifering loans to businesses through banks and community partners. for details Lincoln, NE 68508 community- managed lending pooLs. Rural Development 4o2.437•5551 also offers technical assistance and information to agricultural cooperatives and rural communities. Funds, primarily in the form of loans to assist communities to construct, enlarge, extend or improve Public entities such community facitities providing essential services to rural as municipalities, USDA Rural Development residents. These services include, fire and emergency, counties and Nebraska State Office special-purpose transportation and others. Day care facilities and assisted Room i52 US Department of districts, as euetl as http://vv�ww.rurdev.usda. Capital living centers are also etigible projects. Funds are State.vide On-going Federal Building i0o Agriculture NSDA) nonprofit, tax-exempt gov allocated on the basis of poverty leveL Applicants must Centennial Mall North organizations and have the legal authority to borro�w and repay loans, to tribal governments Lincoln, NE 68508 pledge security for loans and to construct, operate and in communities less 402 437555i maintain the facitities. They must also be financially sound and able to organize and manage the facility effectively. than zo,000 peopte. RECOMMENDATIONS PAGE: 37 _ � r . .� ' y� � ��i �� •' �� • •' i Must be currenlly Assists current multi-family housing toan borrowers and borrovving or USDA Rural Development their tenants, singte-family housing loan borrowers and receiving support Nebraska State Office grant recipients, community facitities loan borro.uers from USDA Rural Room i5z US Department of Technical; Presidential disaster http://vwvw.rurdev.usda. and business ovvners who are victims of a disaster. Utility Development. Refer Offered as required Federal Building ioo Agriculture (USDA) Capital assistance for communities is also available. Funding areas to the Web site to Centenniat Mall North 9ov is provided through regular USDA Rural Development verifyyour county Lincoln, NE 68508 programs as vvell as dedicated disaster-related . is covered under 402 4375551 current programming. Farmers, associations Provides capital financing for the development of housing of farmers, family for domestic farm laborers. Typically, loan applicants are farm corporations, USDA Rural Development US Department of unable to obtain credit eLsevvhere, but in some instances, federally recognized On-going Nebraska State Office Agriculture (USDA) Capital farmers able to get credit elseevhere may obtain loans at Statevvide tribes, nonprofit, tax- Room �5z http://vwvw.rurdev.usda. a rate of interest based on the cost of federal borrovving. exempt organizations, Federal Building ioo gov Funds may be used in urban areas for nearby farm labor. public agencies and Centenniat Mall North This is the only exception to the Housing and Community associations of farm Lincoln, NE 68508 Facilities Programs rural service area guidelines. �workers. 4oz.437.5551 Public entities such Helps rura� communities and individuals by providing USDA Rural Development as municipalities, loans and grants for housing and community facilities. Nebraska State Ofice counties and Ongoing - refer US Department of Funding can be provided for single fami�y homes, Room i52 speciat-purpose to Web site for http://vwvvv.rurdev.usda. Agriculture (USDA) Capital apartments for lovv- income persons or the elderly, Statewide Federal Building ioo districts, as vvell as current application gov housing for farm laborers, childcare centers, fire and Centennial Mall North police stations, hospitals, libraries, nursing homes, nonprofit, tax-exempt deadlines. Lincoln, NE 68508 schools and much more organizations and tribal governments. 4oz 4375551 State agencies, units USDA Rural Development Provides grants to sponsoring organizations for the repair of local government, Ongoing - refer Nebraska State Ofice US Department of Room i5z or rehabilitation of lo.v- or very low- income housing. The Statewide federally recognized to Web site for http://Wvvw.rurdev.usda. Agriculture (USDA) Capital Federat Building ioo grants are competitive and are made available in areas tribes and nonprofit, current application gov evhere there is a concentration of need. tax-exempt deadlines. Centennial Mall North organizations. Lincoln, NE 68508 402.4375551 GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 38 _ _ � . . . � '`r „ � . ; ,..,: .�; •• .,,• . - � �. � Targets technical assistance to help communities Must be currently through strategic planning or leadership development, borrovving or USDA Rural Development developing and strengthening partnerships and finding receiving support Nebraska State Ofice Ca ital financial resources. from USDA Rurat US Department of p Combines an array of resources to meet the community's Presidential disaster Development. Refer Ofrered as required Room i5z http://vwvw.rurdev.usda. Agriculture (USDA) P�nning needs as opposed to expecting the community to fit into areas to the Web site to Federal Building ioo gov Technical a government program. Technical assistance invotves verify your county Centennial Mall North helping a community bring all of their community is covered under Lincoln, NE 68508 development components (i.e., business, housing, current programming. 4024375551 medical, education, infrastructure, recreation, etc.) together as a team to build the community successfully. Provides housing assistance to very low- and low- income applicants to purchase, build or rehabilitate a home in a rural area. Payment assistance is available to eligible applicants and may lovver the efrective interest rate on a mortgage to as little as one percent. For the USDA Rural Development RHS Section 502 Guaranteed Loan Program - the goal is Very lovv- and low- Nebraska State Office income rurat families US Department of to provide credit assistance to applicants whose income unable to obtain On-going Room 15z http://vwvw.rurdev.usda. Capital does not exceed ii5 percent of the area median income. Nationvvide Federal Building ioo Agriculture (USDA) All loan processing is done in Rural Development field credit from other Centennial Mall North 9ov offices. For the Guaranteed Loan Program - the goal is to sources. . Lincoln, NE 68508 provide assistance to lovv- and moderate- income rural 4oz.437.5551 famities unable to obtain credit from other sources. Loan applications are processed by private lenders, with RHS guaranteeing the lender against loss. Loans are financed at a market rate determined by the tender and have a term of 3o years. U.S. Department of State agencies, units Energy Energy Eficiency of local government, and Rene.vable Energy US Department of Works with state partners, industry professionals and PAzo/Forrestal Building http://vwvvvi.eere.energy. Energy Technicat manufacturers to improve the energy efficiency of nevv Statewide federatty recognized On-going l000 Independence gov and existing buitdings. tribes and nonprofit, Avenue SW tax-exempt Washington, D.C. zo585 organizations. Toll Free: 1.877337.3463 U.S, Department of Provides technical assistance to encourage cost State agencies, units Energy Energy Eficiency -efrective, durable and energy-efficient building and Renev✓able Energy of locat government, reconstruction in the vvake of disasters. The application On-going PA.2o/Forrestal Buitding http://vwvwl.eere.energy. US Department of Technical of proven building technologies and designs can make Statewide federally recognized i000 Independence gov Energy a long-term difference in areas vulnerable to natural tribes and nonprofit, Avenue SW tax-exempt disasters, resutting in safer, healthier, more economically organizations. Washington, D.C. zo585 viable communities that are less susceptibte to disaster. Toll Free: 1.877.33734F3 RECOMMENDATIONS PAGE: 39 r � � . .. � ��1 . . •. ��. � A .. .�� ...• •• U S Department of State agencies, units Energy Energy Efficiency Provides technical assistance and v✓orks v✓ith states and and Renev✓able Energy of local government, regions to provide technical assistance and analysis PA.zo/Forrestat Building http://vwv.�vi.eere.energy. US Department of Technical support for policies, market mechanisms and programs Statevvide federally recognized On-going i000 Independence gov Energy that facilitate competitive, reliable, environmentally- tribes and nonprofit, Avenue SW sensitive, customer-friendly electric markets. tax-exempt Washington, D.C. 20585 organizations. Toll Free: 1.8773373463 Eligibility is restricted U.S. Department of Health to private, locally Supports community development corporations to and Human Services assist businesses that create jobs for lovv- income initiated, nonprofit Administration for community individuals. Allocations of grants are based on a formula Children and Families development US Department of equation for low-income persons. Projects may include Statewide - targeted Office of Community corporations (or Health and Human Capital manufacturing, technology, retail, agriculture and tovvards tow- income Services Community Services (HHS) Technical construction sectors Grant projects must be located communities . afiliates of such Ongoing. Economic Development http,//vwvW.acf.hhs.gov in lovv- income communities and attract other private corporations) Program and ublic ca ital investment. The lon term oal is to governed by p p g g residents of the 37o L'Enfant Promenade revitalize communities through the creation of jobs for community and SW Sth Ftoor lovv-income individuals. business and civic Washington, D.C. zoqq7 leaders. zoz.4o1.5663 U.S. Department of Health Promotes and supports projects that address economic and Human Services self-sufficiency for lo�w-income persons and distressed Administration for communities by awarding funds to community Private, nonprofit Children and Families US Department of development corporations (CDCs) to create employment Statewide - targeted CDCs experienced Office of Community Health and Human Capital and business development opportunities. Grants are tovvards low- income in devetoping and Services Community Services (HHS) Technicat avvarded to cover project costs for business start communities. . managing economic Ongoing. Economic Development http://vwvev.acf.hhs.gov -up or expansion and the development of nevv products development Program and services. Funded projects are to create nevv projects. 37o L'Enfant Promenade employment or business opportunities for low-income SW 5th Floor individuals. Washington, D.C. 2oq47 202.401.5663 GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 40 � - � . .. e • �� .r . s .. .. .... ... •� � U.S Department of Health and Human Services Provides training and technical assistance to lovv Administration for -income rural communities in devetoping and managing Children and Families US Department of affordable, safe water and wastewater treatment facilities. Statevvide - targeted Multi-state, regional, Office of Community Capital private, nonprofit Services Community Health and Human Activities include improving coordination among federal, towards lovv- income Ongoing http://vwvvv.acf.hhs.gov Services (HHS) Technical State and local agencies in water v✓aste management communities. 5oi(c)(3) tax- exempt Economic Development and providing assistance in obtaining funding for organizations. Program construction, upgrade and repair of facilities. 37o L'Enfant Promenade SW 5th Roor Washington, D.C. zoq47 2o2.4oi.5663 Provides technical assistance to encourage cost Federal Emergency -etfective, durable and energy-efficient building Management Agency States capable of US Department of reconstruction in the wake of disasters. The application (Region VID Homeland Technica� of roven buildin technolo ies and desi ns can make Nationwide performing floodplain On- oin p g g g management g g 9z21 Ward Parkway, Suite http://vvvvvv.fema.gov Security a long-term difrerence in areas vu�nerable to natural activities. 30o Kansas City, MO disasters, resulting in safer, healthier, more economically 64114-337z viable communities that are less susceptible to disaster. 8i6.283 7063 Supports disaster legal services that address: free legal advice and referrals, assistance vvith insurance Victims of Presidential Federal Emergency claims, counseling on landlord/tenant problems, declared disasters Members of local Management Agency assistance with home repair contracts, assistance in who are unable to US Department of communities (Region VIU Program; consumer protection matters, counseling on mortgage secure lega� services Homeland impacted by On-going gzzi Ward Parkvvay, Suite http://vvvvW.fema.gov Securit Technical foreclosure problems, replacement of vvills and other presidential declared and advice as a result y important legal documents, drafting po�wers of attorney, of the disaster, No 30o Kansas City, MO disasters. 641�4-3372 estate administration, preparation of guardianships formal application g16.283.7063" and conservatorships and referraLs to local and state needed. agencies for additional assistance. Applicants must Provides financial payments and/or direct services, vvhen sign a declaration Federal Emergency appropriate, vvhen there is disaster-related damage to stating that they are Management Agency an individuaCs dvvelling (structural property) making the U.S. citizens, non- (Region VID US Department of dwelling unsafe, unsanitary and unfit to occupy. Housing Presidential disaster citizen nationals or On-going 9Z21 Ward Park�way, Suite Homeland Technicat assistance can be used for renting a difrerent place to areas. qualified aliens to be 300 Security live and/or repairing/replacing the damaged dwelling. considered for IHP Kansas City, MO 64ii4- (Note: FEMA may provide direct services in the form assistance. Other 337z of manufactured housing units if rental resources are disaster- specific 8i6.283 7063 �imited in the disaster area). etigibility criteria may also apply. RECOMMENDATIONS PAGE: 41 � � � }., . .. � � • ��k �. �� „� •' Enables individuals to purchase insurance against losses from physical damage to or loss of buildings Communities that In Nebraska, contact: and/or contents therein caused by floods, mudflow or Federal Emergency have adopted and flood-related erosion, and to promote vciise floodplain States and Management Agency US Department of management practices in the nation's flood-prone areas. communities located enforce appropriate On-going (Region VIU Homeland floodplain Security Capital In order for a community to participate in the NFIP, the vvithin identified management 9zz1 Ward ParkWay, Suite community must agree to adopt and enforce floodplain floodplains ordinances. 300 management ordinances, particularly with respect to new Kansas City, MO 64ii4- construction. These measures take a variety of forms and 3372 generally include requirements for zoning, subdivisions or 8i6z83.7o63 buildings and special-purpose floodplain ordinances. Provides technical assistance to encourage cost- State agencies, units Omaha Field Office US Department of effective, durable and energy-efficient buitding of local government, Ed�ward Zorinsky Federal federally recognized Housing and Urban reconstruction in the vvake of disasters. The apptication On-going Building Development Technical of proven building technologies and designs can make Statevvide tribes and nonprofit, Suite 32g Hud.gov tax-exempt (HUD) a long-term difference in areas vulnerable to natural organizations. i6i6 Capitol Avenue disasters, resulting in safer, healthier, more economically Omaha, NE 68ioz-49o8 viable communities that are less susceptible to disaster qo2.qgz.3ioo Supports the rehabilitation and repair of single famity properties and is an important toot for community and neighborhood revitalization and for expanding homeovvnership opportunities. Lenders use the Section zo3(k) program in partnership �with state and local housing State agencies, units Omaha Field Office agencies and nonprofit, tax-exempt organizations to of local government, US Department of Edward Zorinsky Federat rehabititate properties. These lenders, along �with state federally recognized Housing and Urban Capital and tocat government agencies, tend to combine Section Statewide tribes and nonprofit, On-going Building Development Suite 3zg http://vwvev.hud.gov 2o31k) with other financial resources, such as HUD's tax-exempt (HUD) HOME, HOPE and Community Development Btock Grant organizations. i6i6 Capitol Avenue Programs, to assist borro.uers. Several state housing Omaha, NE 68ioz-49o8 finance agencies have designed programs, specifically 4oz.4gz.3ioo for use with Section zo3(k) and some lenders have also used the expertise of local housing agencies and nonprofit, tax-exempt organizations to help manage the rehabilitation processing. GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 42 _ � � . .• G � 6,' � � • 7 � •' •�: �� •• States, units of Seeks to develop viable communities by general local promoting integrated approaches that provide decent government, federally Allocated by Omaha Fietd Oifice US De artment of housing, a suitable tiving environment and expand recognized tribes, Edeuard Zorinsky Federal p formula based on Housin and Urban economic opportunities for lovv and moderate income area-�wide planning Building g Capital persons. CPD allocates block grant and disaster recovery Natiornwide organizations and factors such as Suite 3zg http://v�nwv✓.hud.gov Development funding to states, large cities (population greater than other qualified groups population, poverty 16i6 Capitol Avenue (HUD) and housing 50,000) and urban counties (greater than 200,000 outside designated by or Omaha, NE 68io2-4go8 lar e cities). assistin one or more distress 9 9 4oz.4gz.3ioo such governmental units. Provides funding for housing, economic development, public facilities and public services that primarily benefit lovv- and moderate-income persons, eliminate slum States, units of and blight or meet an urgent need; as determined by general locat states, cities and urban counties. There are two CDBG government, federally Omaha Field Office Allocated by US De artment of programs available to local communities - Entitlement recognized tribes, Edward Zorinsky Federal p Community funding and State administered CDBG funds. area-�r✓ide planning formula based on guitding Housing and Urban factors such as DeveLo ment Capital Entitlement communities have populations larger than Nationwide organizations and Suite 3Z9 http://vvwvci.hud.gov p population, poverty 50,00o and demonstrate funding needs for revitalizing other qualified groups 16i6 Capitol Avenue (HUD) neighborhoods, economic development activities and designated by or and housing Omaha, NE 68io2-qgo8 rovidin im roved communit facilities and services. assistin one or more distress P 9 P Y 9 4oz.qg2.3ioo State administered CDBG funds are availabte to cities such governmental with populations less than 50,000 or counties less than units. zoo,000. Funding from HUD is allocated by a formula based on factors such as States, units of general tocal Provides funding, in the form of loans, to states, cities government, federally Omaha Field Office US Department of and counties that administer CDBG funds, based on their recognized tribes, Edvvard Zorinsky Federal Housing and Urban annual CDBG allocation, for economic development area-vvide planning Building Development Capital projects that create or retain jobs for low- and moderate- Statewide organizations and On-going Suite 3zg http://vwv.u.hud.gov (HUD) income persons. Allocated by formula based on factors other qualified groups 1616 Capitol Avenue such as poputation, poverty and housing distress. designated by or Omaha, NE 68io2-4908 assisting one or more qoz.492.3100 such governmental units. RECOMMENDATIONS PAGE: 43 � r � . .." � � • . �; �". . . . . • •� Administers programming designed to improve the States, units of effectiveness of HUD grants and issues related to generat local homelessness, afrordable housing and finance and government, federally Omaha Field Office community and economic development. The intent recognized tribes, Edward Zorinsky Federal US Department of of Community Planning and Development Programs area-vvide ptanning Buitding Housing and Urban 7echnical Technical Assistance is to provide assistance for Statevvide organizations and On-going Suite 3zg http://vwvvv,hud.gov Development Assistance grassroots organizations that access and uti�ize HUD's other qualified groups 1616 Capitol Avenue (HUD) programs and resources. Resources avai�able from HUD enable neighborhoods and communities with designated by or Omaha, NE 68io2-4go8 the greatest need to achieve the highest level of assisting one or more 4oz.49z.3ioo performance and results in community development such governmental programming. units. States, units of general local Addresses the housing needs of persons living with government, federally Omaha Field Office US Depart.ment of HIV/AIDS and their families. HOPWA makes grants to recognized tribes, Edward Zorinsky Federal Housing and Urban local communities, states and nonprofit, tax-exempt area-wide planning Building Capital Statev✓ide organizations and On-going Suite 32g http://�w�ww.hud.gov Development organizations for projects that benefit tovv-income other qualified groups i6i6 Capitol Avenue (HUDI persons medicatly diagnosed �with HIV/AIDS and their famities. designated by or Omaha, NE 68ioZ-qgo8 assisting one or more qoz.4gz.3ioo such governmental units. States, units of Provides emergency assistance to state and local general local governments to acquire and redevetop foreclosed government, federally Omaha Field Ofice US Department of properties that might otherwise become sources of recognized tribes, Edward Zorinsky Federal abandonment and blight euithin their communities. area-wide planning Building Housing and Urban Ca ital NSP rovides rants to ever State and certain local Statev✓ide or anizations and Contact for Suite z htt //vwv�w.hud. ov Development p p g Y g information 3 g p' g (HUD) communities to purchase forectosed or abandoned other qualified groups i6i6 Capitol Avenue homes and to rehabilitate, resell or redevelop these designated by or Omaha, NE 68ioz-49o8 homes in order to stabitize neighborhoods and stem the assisting one or more qo2.4g2.3ioo decline of house values of neighboring homes. such governmental units. GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 44 _ � _ . �. .: x .: . ,� .• •..• .• Develops viable communities by providing decent housing and a suitable living environment and by Cities �with expanding economic opportunities. The state must populations of less pmaha Field Otfice than 50,000 (except US Department of ensure that 7o percent of its CDBG grant funds are used cities that are Edevard Zorinsky Federal for activities that benefit lovv- and moderate-income Building Housing and Urban designated principal Contact for Development Capital persons over a one, two or three year time period. Under Statewide cities of Metropolitan information Suite 3zg http://vv�r✓,u.hud.gov unique circumstances, states may also use their funds i6i6 Capitol Avenue (HUD) to meet urgent community development needs. The Statistical Areas) Omaha, NE 68ioz-4go8 com etitive ro ram funds a variet of ro ects such as and counties with p p g y p� popu�ations of less 4oz.49z.3ioo streets, sanitary sevvers, vvater facilities, storm sevvers, than zoo,000. bridges and facilities for persons v✓ith disabitities. Provides grants annually on a noncompetitive basis to States, units of "substantially equivalenY' state and local fair housing generat local enforcement agencies. FHAP-funded activities help government, federally Omaha Field Office US Department of protect families and individuals who believe they have recognized tribes, Edvvard Zorinsky Federal been victims of discrimination on the basis of race, cotor, area-vvide planning Buitding Housing and Urban Ca ital national ori in, reli ion, sex, disabilit or familial status (i.e., Statevvide or anizations and Contact for Suite z htt //�r✓w.hud. ov Development p g g Y g information 3 9 p' g (HUD) the presence of children) in the sale, rental or financing other qualified groups 1616 Capitot Avenue of housing. The FHAP supports a variety of fair housing designated by or Omaha, NE 68ioz-49o8 administrative and enforcement activities, including assisting one or more 402.4923100 complaint processing, training, implementation of data such governmental and information systems and other special projects. units. States, units of generallocal government, federally recognized tribes, area-�wide planning organizations and other qualified groups Omaha Field Office US Department of Makes technical assistance avai�able to state and local designated by or Edward Zorinsky Federal Housing and Urban agencies vvith civil rights concerns in HUD-assisted assisting one or more Building Capital State�wide such governmental On-going Suite 3zg http://vwvvv.hud.gov Development programs. Titte VI provides for HUD's investigation and units. IndividuaLs who i6i6 Capitol Avenue (HUD) remediation of discrimination complaints. feelthemselves to be Omaha, NE 68io2-4go8 a victim of housing 4oz.qgz.3ioo discrimination on the basis of race, color or national origin in a program receiving HUD assistance may file a complaint. RECOMMENDATIONS PAGE: 45 � � � a j V • �� • •• � •• ��' •• f States, units of general local Ensures safe, decent and afrordable housing, creates government, federally Omaha Field Ofice US Department of opportunities for residents'self-sufficiency and economic recognized tribes, Ed.uard Zorinsky Federal Housing and Urban independence and assures the fiscat integrity of all area-v✓ide planning Building Development Capitat program participants. Programming by PIH supports Statevvide organizations and On-going Suite 329 http://vwvw.hud.gov (HUD) nonprofit and governmental providers of public housing other quatified groups i6i6 Capitol Avenue projects. designated by or Omaha, NE 68io2-4go8 assisting one or more 4o2.4gz.3ioo such governmental units. States, units of A�r✓ards grants to organizations and groups through a general local competitive process. Funding is announced through government, federally Omaha Field Office US Department of Notices of Funding Availability (NOFAs) that describe recognized tribes, Edvvard Zorinsky Federal Housing and Urban funding available and application procedure. Many area-vvide planning Building Development Capital of PIH's opportunities are found within HUD's annuat State�wide organizations and On-going Suite 3zg http://vwvvv.hud.gov (HUD) SuperNOFA. Programs under the PIH are the HOPE VI other qualified groups i6i6 Capitol Avenue program, Indian Community Devetopment Block Grant designated by or Omaha, NE 68ioz-4go8 (ICDBG) program and Resident Opportunities and Self assisting one or more 4oz.492.3100 Sufficiency (ROSS) program. such governmental units. Municipatities, HUD Omaha Field Office US Department of employees, Edward Zorinsky Federal Housing and Urban Provides tenant-based rental assistance for eligible representatives/ Buitding Development Capital families in privately ovvned rental housing. Statevvide staff/ovvners of On-going Suite 329 http //vwvvv.hud.gov (HUD) multi-family housing i6i6 CapitolAvenue and public housing Omaha, NE 68io2-4908 authorities. 4oz.qg2.31o0 Gathers, validates, analyzes and scores data to assess Municipalities, HUD Omaha Field Office the physical condition of all public housing and multi- emptoyees, Edward Zorinsky Federal US Department of family-assisted properties, financial soundness of public representatives/ Building Housing and Urban and assisted housing, customer satisfaction at HUD- Development Capital assisted housing properties, management capabilities Statewide staff/o�wners of On-going Suite 32g http://vwvvv.hud.gov (HUD> and income eligibility of rentat subsidy recipients. (State multi-family housing i6i6 CapitolAvenue and larger �ocal government grantees of HUD can carry and public housing Omaha, NE 68ioz-49o8 out assessment tasks and typically have local data.) authorities. qoz.49z31oo GRAND ISLAND AFFORDABLE HOUSING PLAN PAGE: 46 � � � �� An Opportunity Zone is an economically-distressed United States community vvhere neW investments, under certain Internal conditions, may be eligible for preferential tax treatment. Localities qualify as Opportunity Zones if they have been Specifically Identified Previously designated Revenue Service Capital nominated for that designation by the state and that Areas Opportunity Zone On-going https://vwvw.irs.gov (Opportunity nomination has been certified by the Secretary of the Zones) U.S. Treasury via his delegation authority to the Internal Revenue Service. RECOMMENDATIONS PAGE: 47