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HomeMy WebLinkAbout2015 deschutes county presentation 4 1 15405 SW 6th Street Redmond, Oregon (541) 923-1018 Presentation to Deschutes Board of County Commissioners April 2015 Downtown Redmond Office 1 Our History Central Oregon Regional Housing Authority (CORHA) ORS 456 – Public Corporation Established in 1977 by Deschutes and Jefferson Counties In 2001, Crook County Joins CORHA In 2006, CORHA is rebranded as Housing Works 2 Mission Driven – Local Leadership 3 Our Service Jurisdiction 4 Local HOUSING statistics Deschutes County Rent Burden is over 30% of income is spent on housing costs; Extreme means over 50% 5 Local HOUSING statistics Household Income Levels Deschutes County Median Family Income (MFI) = $62,579/year 6 Local HOUSING statistics Rent Burden Rent Burden is over 30% of income is spent on housing costs; Extreme means over 50% 7 Local HOUSING statistics Household Type 8 Local HOUSING statistics Housing Stock 9 Local HOUSING statistics Meeting the Need Rent Burden means over 30% of income is spent on housing costs 10 Local HOUSING statistics Meeting the Need Rent Burden means over 30% of income is spent on housing costs 11 Fostering Dignity Through Housing 12 Our Core Program Centers Housing Choice Voucher Program Real Estate Development Portfolio Management Resident Programs 13 Housing Choice Voucher Program Statistics 14 Housing Choice Voucher Program Statistics 15 Housing Choice Voucher Program Statistics Average Annual Income of Voucher Households = $12,683 By city, those payments amount to: Bend: $304,235 Redmond: $183,257 Sisters: $7,202 La Pine: $38,828 Sunriver CDP: $2,369 Terrebonne CDP: $5,527 16 Housing Works Portfolio 17 Investing In Our Families Families Achieving Success Through Our Self-Sufficiency Program PATHWorks 179 Total Graduates from PATHWorks Through PATHWorks, participants: Create a monthly budget and learn to reduce debt, Pursue and maintain suitable employment, Increase their credit score, Complete homeownership and financial literacy classes, and Save money in an escrow account and/or in a Matched Savings IDA account. Kim P. – Bend 18 Investing In Our Families Families Achieving Success Through Our Self-Sufficiency Program Home Ownership 122 Total Homeowners in Central Oregon Housing Works provides homeownership coaching, helping clients use a variety of programs such as: Ground Lease Tutor Homes Housing Choice Voucher Home Ownership Program Habitat for Humanity Neighborhood Stabilization Program III Donda T. – La Pine 19 Investing In Our Families Families Achieving Success Through Our Self-Sufficiency Program VIDA Matched Savings Program 71 VIDA Graduates Since 2007 VIDA participants in Central Oregon have saved $117,000 in VIDA accounts, bringing an additional $350,000 into the community to be used on: homeownership, post-secondary education, and small business costs. 20 Investing in Community: Workforce Housing Eastlake Village 56 units Summit Park 88 units Putnam Pointe 44 downtown units Bend: 21 Ariel Glen 70 units Healy Heights 70 units Ariel South 96 family units Bend: 22 Sisters: Tamarack Village 33 units Fairhaven Vista Townhomes 19 units Aspen Villas 40 units Redmond: 23 Reindeer Meadows 50 senior units Gateway Commons 16 senior units Investing in Community: Senior Housing Redmond: 24 Emma’s Place 11 special needs units Horizon House 14 special needs units Barbara’s Place 8 special needs units Investing in Community: Special Needs Bend and Redmond: 25 Bend: 424 Workforce 25 Special Needs Investing in Community Housing Works’ Portfolio in Deschutes County 615 Total Units Sisters: 33 Workforce Redmond: 59 Workforce 66 Senior Units 8 Special Needs 26 In the Works for 2015… Increase the Supply of Quality Affordable Housing and Enhance the Services Offered to Residents Continue to Seek Opportunities to Acquire and Rehab Properties in Need Continue to assist low income families achieve self-sufficiency through Housing Works programs 27 Thank you. Questions? 28