Housing Affordability & Feasibility Study
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HOUSING AFFORDABILITY & FEASIBILITY STUDY AGENDA • TINY HOUSE CURRICULUM & OUTCOMES • BARRIERS TO TINY HOUSES ON CAMPUS • POLICY WHITE PAPER ON HOUSING & SOLUTIONS • HOUSING FEASIBILITY STUDY • Q&A CABRILLO COLLEGE CONSTRUCTION & ENERGY MANAGEMENT (CEM) Tiny Homes & Student Housing Bruce Greenstein, M.Ed. 1. Are Tiny Homes a viable solution to student housing? 2. Why do CEM students construct Tiny Homes? The CEM program provides the knowledge, skills, and experience needed to construct any type of dwelling structure. Great demonstration of use of space Santa Cruz County has limitations on tiny homes Not a long term solution to shortage of The Construction of Tiny Homes student housing Align with Community Goals -Viable Housing Solutions santacruzhealth.org QUESTIONS? BRUCE GREENSTEIN, M.ED. DEPARTMENT CHAIR / PROFESSOR CABRILLO COLLEGE CONSTRUCTION & ENERGY MANAGEMENT [email protected] HTTPS://WWW.CABRILLO.EDU/CONSTRUCTION/ HOUSING ISSUES FACING CALIFORNIA COMMUNITY COLLEGE STUDENTS • AFFORDABILITY, FOOD & HOUSING TASK FORCE • MATT WETSTEIN, CABRILLO COLLEGE • NANCY CHAIRES ESPINOZA, MURDOCH, WALRATH, & HOLMES LAW FIRM THE SCOPE OF THE PROBLEM 7 in 10 students report housing/food struggles Source: CCC #RealCollege Survey tinyurl.com/CCC-RealCollege THE SCOPE OF THE PROBLEM 2021 Fair Market Rent for Two-Bedroom Apartments in California Metropolitan Areas Visalia-Porterville, CA MSA $959 Bakersfield, CA MSA $970 El Centro, CA MSA $1,060 Fresno, CA MSA $1,064 Merced, CA MSA $1,067 Hanford-Corcoran, CA MSA $1,109 Yuba City, CA MSA $1,122 Madera, CA MSA $1,151 Chico, CA MSA $1,192 Redding, CA MSA $1,218 Modesto, CA MSA $1,224 Stockton-Lodi, CA MSA $1,270 In many parts of Riverside-San Bernardino-Ontario, CA MSA $1,390 Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area $1,495 Yolo, CA HUD Metro FMR Area $1,511 California, affordable Vallejo-Fairfield, CA MSA $1,617 San Luis Obispo-Paso Robles-Arroyo Grande, CA MSA $1,665 housing for college San Benito County, CA HUD Metro FMR Area $1,674 Salinas, CA MSA $1,793 students is an illusion Oxnard-Thousand Oaks-Ventura, CA MSA $1,923 Santa Rosa, CA MSA $1,996 Napa, CA MSA $2,018 Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area $2,058 San Diego-Carlsbad, CA MSA $2,124 Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area $2,331 Santa Maria-Santa Barbara, CA MSA $2,374 Oakland-Fremont, CA HUD Metro FMR Area $2,383 Santa Cruz-Watsonville, CA MSA $3,021 San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area $3,051 San Francisco, CA HUD Metro FMR Area $3,553 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 SCOPE OF THE PROBLEM • HOUSING AFFORDABILITY IS ACUTE IN CALIFORNIA • 3 CITIES IN CALIFORNIA HAVE THE 3 HIGHEST RENTS If California Community IN THE COUNTRY FOR 2 BEDROOM APARTMENTS Colleges are the engine • FINANCIAL AID DOES NOT COVER THE COST OF for upward social ATTENDANCE AT CCC’S mobility, we must address housing • THE COMBINATION OF RISING COSTS, INSUFFICIENT AID, insecurity issues AND A LACK OF HOUSING IS FORCING OUR STUDENTS INTO HOMELESSNESS AND HUNGER • THESE FACTORS HAVE A DISPROPORTIONATE IMPACT ON BIPOC STUDENTS SOLUTIONS PROVIDE HOUSING FOR STUDENTS 12 COLLEGES IN OUR SYSTEM HAVE RESIDENCE HALLS RIGHT NOW: • CERRO COSO • COLUMBIA • FEATHER RIVER • LASSEN • ORANGE COAST (OPENED FALL 2020) • REDWOODS • REEDLEY • SHASTA • SIERRA • SISKIYOUS • TAFT • WEST HILLS HOUSING SOLUTIONS The Harbour at Orange Coast College, Fall 2020, 800 beds with various studio and apartment arrangements HOUSING SOLUTIONS • SANTA ROSA JUNIOR COLLEGE • PLANS FOR A 400 BED RESIDENCE HALL • COLLABORATION WITH THE COUNTY HOUSING AUTHORITY ON LOW-COST SUBSIDIZED HOUSING • PLANNED OPENING OF 2023 • REEDLEY COLLEGE, COLLEGE OF THE SISKIYOUS, COLLEGE OF THE REDWOODS, AND SIERRA COLLEGE • ALREADY PROVIDING HOUSING WITH PROJECTS PLANNED FOR REPLACEMENT AND EXPANSION OF HOUSING • CERRITOS COLLEGE • THE VILLAGE – 7 TOWNHOMES • PURCHASED BY THE COLLEGE • MANAGED BY JOVENES • MASTER LEASE AGREEMENT HOUSING SOLUTIONS • LACCD HAS SEVERAL PROJECTS UNDERWAY • EAST LA COLLEGE PARTNERSHIP WITH SHOWER OF HOPE, 12 HOUSING SLOTS FOR HOMELESS STUDENTS • OPPORTUNITY HOUSE IN WESTWOOD, PROVIDING TRANSITIONAL HOUSING ARRANGEMENTS FOR 35 LACCD STUDENTS Opportunity House in Westwood, CA (courtesy LACCD) HOUSING SOLUTIONS • IMPERIAL VALLEY COLLEGE AND CABRILLO COLLEGE • TINY HOME GRANT – HOUSING 26 TRANSITIONAL YOUTH AT IMPERIAL VALLEY • 12 RV’S HOUSING UP TO 25 TRANSITIONAL YOUTH AT CABRILLO • COMPTON COLLEGE HOUSING PLAN • COLLABORATION WITH GENSLER EXPLORING A PREFABRICATED, MODULAR APPROACH TO STUDENT HOUSING THAT COULD BE A MODEL FOR FUTURE PROJECTS • IF APPROVED BY DSA – WILL SHORTEN CONSTRUCTION TIMELINES FOR FUTURE PIGGYBACK PROJECTS MAJOR POLICY & FISCAL BARRIERS • PLANNING COSTS • FEASIBILITY STUDIES, ENVIRONMENTAL IMPACT REVIEWS, CEQA, ARCHITECTURAL FEES • CONSTRUCTION COSTS • DEPENDING ON SIZE, PROJECTS CAN RANGE FROM $15 TO $35 M • PROJECT FINANCING COSTS • OFTEN DIFFICULT TO GET PROPOSALS TO PENCIL OUT FOR PRIVATE DEVELOPERS • MARKET RATE RENTS OFTEN MUST BE INCREASED TO PROVIDE SUBSIDIZED RENTS FOR LOW-INCOME STUDENTS POLICY RECOMMENDATIONS • FUNDING FOR FEASIBILITY STUDIES AND TECHNICAL ASSISTANCE • AB 2353 (ASSEMBLYMAN MCCARTY) IN LAST LEGISLATIVE SESSION – REINTRODUCED AS AB 1377 • CREATE A COMPETITIVE GRANT PROGRAM FOR CCC’S • FINANCE HOUSING FEASIBILITY & MARKET STUDIES, ENGINEERING STUDIES, ENVIRONMENTAL IMPACT STUDIES, LEGAL SERVICES, ARCHITECTURAL PLANS • REVOLVING LOAN FUND • COST OF CONSTRUCTING HOUSING IS A MAJOR BARRIER • IDEA IS TO USE A ONE-TIME INFUSION OF STATE FUNDS TO BRIDGE FUNDING GAPS FOR CONSTRUCTION PROJECTS • PERHAPS SET LIMIT OF 20% FINANCING FROM THE FUND • PRINCIPAL AND INTEREST PAYMENT GO BACK INTO FUND TO PROVIDE MONEY FOR FUTURE PROJECTS POLICY RECOMMENDATIONS • LEASE REVENUE BOND PROGRAM • ONE-TIME INFUSION OF STATE DOLLARS TO ESTABLISH THE FUND • RENTAL PAYMENTS PROVIDE THE REVENUE TO PAY OFF BONDS • LEASE REVENUE BONDS DO NOT REQUIRE VOTER APPROVAL AND DO NOT IMPACT THE STATE’S GENERAL OBLIGATION DEBT PORTFOLIO • BOND ISSUERS ACCEPT THE FACILITIES AS COLLATERAL TO LOWER RATES Q&A • RESOURCES • JOHN BURTON ADVOCATES FOR YOUTH • CCC/CCLC AFFORDABILITY, FOOD & California Community HOUSING TASK FORCE Colleges have the power and the will to address • FOUNDATION FOR CCC’S – CALFRESH students’ housing needs if RESOURCES given the proper tools • JOVENES INC. COLLEGE HOUSING HOUSING FEASIBILITY AT CABRILLO • WHAT IS A FEASIBILITY STUDY? • FOUR PHASES 1. VISION AND VALUE SETTING EXERCISE 2. MARKET & DEMAND ANALYSIS 3. PROJECT DEFINITION & STRATEGIC VISON 4. REALITY TESTING (FEASIBILITY) & ALTERNATIVES INITIATION –VISION & VALUES • STAKEHOLDER INTERVIEWS • PRIORITY SETTING • HOUSING TRENDS & BEST PRACTICES INFO MARKET & DEMAND ANALYSIS • MARKET ANALYSIS • DEMOGRAPHIC ANALYSIS • PEER BENCHMARK ANALYSIS • HOUSING MARKET ANALYSIS • DEMAND ANALYSIS • FOCUS GROUPS • HOUSING SURVEY PROJECT DEFINITION & STRATEGIC VISION • STRATEGIC VISIONING SESSION(S) • DEVELOP PROJECT CONCEPTS • EXPLORE DELIVERY MODELS REALITY TESTING & ALTERNATIVES • FEASIBILITY ANALYSIS • FINANCIAL MODELING • FINAL REPORT QUESTIONS & ANSWERS.