Welcome to hydepark.org's report page on the affordable housing advocacy organization related to

Work of the Coalition for Equitable Community Development (CECD) in Hyde Park-Kenwood

Return to Affordable homepage. Affordable Hot Topics.

Index to this page

Note, to reach county offices related to housing, this site has been recommended to us for sorting out contacts at county government. countyoffice.org.

TO COALITION FOR EQUITABLE COMMUNITY DEVELOPMENT WEBSITE hpkcoalition.org including the Exec. Summary and full Hyde Park-South Kenwood Affordable Rental Housing Market Study. Direct url: http://www.hpkcoalition.org/reports/Final_CECD_Survey_Report.pdf, Note, the file for the whole is very large and will take time to unload. See Sam Cholke's take in DNAinfo (if the post is still available):
http://www.dnainfo.com/chicago/20130210/hyde-park/study-says-renting-families-priced-out-of-hyde-park

Here is a link to video of CECD's March 5, 2016 forum on Gentrification, with Jesse Mumm.
https://youtu.be/zytW_Wlx3AY

HPKCC, with CECD and the Southeast Coalition testified at the Metra board meeting July 22 2015 to push for a real seamless transfer system, as in the intent of the 2011. Read background, testimony and results, and media articles in Metratransferability. We believe this is an affordability and social justice issue.

December 20, Tuesday, 6 pm. MAC Properties community meeting on proposed development at 53rd and Cornell. East View Tower lobby, 52-- S. Hyde Park Blvd. (at 53rd).

February 18, Saturday, 1-3 pm. Coalition for Equitable Community Development annual meeting. Renters adn rezl estate cos. on the state, parameters, and affordability of housing in Hyde Park-Kenwood. Augustana Church, 5500 S. Woodlawn.

Chicago Maroon ties some school underutilization to rent-burdening in HPK- http://chicagomaroon.com/2013/03/01/hyde-parks-high-rent-fuels-local-cps-under-enrollment/. See Part I in Feb 26 2013 Maroon on the CECD report- http://chicagomaroon.com/2013/02/26/part-i-rent-an-increasing-burden-for-hpers/

Read flyer CECD 2009 Year in Review (pdf) , from their annual meeting 2010, and the July 2010 Newsletter (pdf) (The latter was draft. Changed were at the in the Letter from the President near the end of par. 2: "die" rather than "dye" and at the change of page 1 to page 2: "preserve affordable housing in a major new development. We were a lead...") Their website for more reports including on the Feb. 25 2012 forum on the state of affordable rental housing in Hyde Park and Kenwood (based in part on Institute of Housing at DePaul studies), which led to commissioning of a Market Survey on affordable rental housing in Hyde Park-Kenwood (underway and including by assoc. prof. Janet Smith of UIC Voorhees Ctr.) HPKCC is one of the underwriters. About: http://www.hpkcoalition.org/MarketSurveyHeraldReleaseJuly2012.htm.
See below synopsis from Hyde Park Herald analysis

CECD website is - http://www.hpkcoalition.org.

Link to video of January 10, 2015 annual meeting and aldermanic candidate forum: http://youtu.be/nLa1AZmQXoI.

Rental Market Survey- based on Herald analysis February 13 2013 (by Lindsay Welbera and Andrew Holzman). GMO

The study highlights the gap in supply and demand for those with even moderately-sized families, very low income people, and the disabled. Pat Wilcoxen of CECD is quoted "We don't accommodate big families here." Attendees at the release-meeting (annual meeting of CECD) were concerned that even if the University builds more dorms, that will do little to relieve the pressure for those without high income--especially those in the middle.

The Study, by Heather Parish associates and the Voorhees Center at UIC, was based largely on the U.S. Census Community Survey data 2006-2010. Affordability is defined as whether those earning under 60% of the metro region's median income (60% for a family of 4 is $45,000) can afford to rent the units-- i.e. spend under about a third of income on housing. Half of incomes in Hyde Park and Kenwood are below the 60% threshhold. Of 37,000 residents, 62% rent in HPK. Renters are generally young people under 44 years old- if older, or they have a family and higher income, they buy IF they stay here. (Almost all the larger housing units in HPK are owned- Only 17% of the rental units have 3 or more bedrooms and most of those are in west Hyde Park.) In 2010 58% of renters spent more than 30% of income on housing- THA'S CALLED BEING OVERBURDENED, OR RENT-BURDENED. CECD President George Rumsey said "That 50 percent of Hyde Park renters are overburdened - that's just mind boggling."

Price: the median rental price in HPK is $910 (2010 and going up) v. Chicago $885, and two-bedroom apts. cost over or well over $1,000 a month. (University leased family apartments are pricier but include utilities and are bigger.)

And only 3 of 17 buildings that have subsidized renters - 8% or 1,100 units- are accessible for the disabled.
One-third of Hyde Park's seniors lives on les that $35,000 a year -- and are in the east part, where rents are highest (those with higher income are certainly choosing to pay more than 30% of income on housing and competing with those with less income.) And assisted living facilities are not affordable.

What might help: finding ways landlords can and will accept subidized renters esp. families and seniors; help for seniors and others to age in place.

ALDERMANIC CANDIDATE FORUM! 2015 (this forum was videotaped and will be linked from hpkcoalition.org).
JANUARY 10- happened, with c 65 in attendance at Augustana Church. Coalition for Equitable Community Development, the host, posed these questions: How will maintain and support economic and racial diversity in HPK? What is your view of the proposed changes to the Chicago Affordable Housing Ordinance. Consolidated audience questions from cards: How will you promote qualityy schools with equitable funding and allocation? What is the proper use of TIF money? Proper use and ceding of public land particularly CHAfor Mariano's and park for the Obama Library?

July 7, 2010. City Council committee held a hearing on proposed ordinance that all TIFs be required to spend 20% of funds on affordable housing (which is different from requiring that 20% of housing in projects funded by a TIF be affordable).
On hold until after swearing in. We understand the city council black caucus has split over this and Ald. Burnett quit over leadership of the caucus and will continue to fight for the ordinance.

20 percent annual of citywide total TIF money proposed for affordable housing- City Council hearing July 7 2010. Raid or corrective? The draft in pdf.

The board of directors of CECD endorsed in September 2010 the pursuit of use of a portio of TIF funds for affordable housing.

An analysis of the rival ordinances (to come up Dec. 8) from the Herald

City Council butting heads over housing. [To vote on strong vs toothless but not before January 13-- is it possible a compromise substitute could emerge?]

Hyde Park Herald, December 1, 2010. By Sam Cholke

The City Council's Joint Committee on Finance and Housing is kicking the city's biggest debate over affordable housing in nearly a decade to the full body on Dec. 8. With competing rules in two ordinances for how property tax money is used to boost housing, only one can pass.

An ordinance introduced by Ald. Walter Burnett (27th), which is supported by local aldermen, would mandate that 20 percent of all revenue collected in the city's tax increment financing districts be used for affordable housing projects. "I think it just reminds the city to be more accountable for what it does," said Ald. Pat Dowell (3rd), who is supporting Burnett's ordinance.

Mayor Richard M. Daley opposes the strict rules, and Ald. Patrick O'Connor (40th) has introduced an ordinance that quells the objections of the administration by making the rules nonbinding goals and reducing the threshold to 10 percent of the TIF collections.

"No, we're not going to make it a goal. yes, we're going to make it an obligation," Burnett said at th e Nov. 23 committee hearing. Burnett has lined up a coalition of alderman behind him that includes alderman Pat Dowell (3rd), Toni Preckwinkle (4th) and Leslie Hairston (5th). Burnett's proposal, the Sweet Home Chicago ordinance, was crippled coming out of the hearing, when the joint committee voted down including language that was aimed at bringing hesitant aldermen on board by allowing them greater flexibility to opt out of the program.

"I think we have opt outs because we have colleagues who do not wish to have affordable housing in their wards and would not support it without that," Preckwinkle said. "I don't see why you're not wiling to hold the city to a high standard, because this is a serious issue." ...

... If the city wa a series of farm fields, TIFs would be specially designated plats where only the farmer who live there can eat any bumper crops that plat produces for 23 years. There are rules called "porting" that essentially work like the farmer handing some food over the fence to his neighbor on another special plot, but bar him from helping the guy down the road because their property lines don't touch or his plot is not a TIF plot.

The city's 165 TIF districts are expected to bring in $448 million this yer. So if the ordinance were in effect today, about $90 million in affordable housing projects would need to be identified to satisfy the mandate. State law bars 66 of those TIF districts from spending their money on housing, but their revenue is still counted towards figuring out how much the city should spend on housing. That leaves 99 districts to find $90 million in projects. Those 99 districts are expected to bring in $228 million, putting the practical threshold closer to 30 percent of TIF revenues."The obligation does not go away even if some people opt out of it and some TIF's don't allow it," said Ellen Sahli, first deputy commissioner of the city's Department of Community Development. Alderman can spread out that spending however they wish, dividing it equally amongst the TIFs or spending it all in one.

In an interview before the commission hearings, Hairston said she would support the measure, but wanted language that would incentive TIFs in affluent communities to foot most of the bill. She said the cost of subsidized affordable housing in her ward is about on part with market rate housing.

Affordable housing is figured out by looking at the average housing costs across the metropolitan area. Sixty percent of that cost is then considered affordable. For much of the South East Side, affordable housing tends to be closely equivalent to the market-rate housing because housing costs are by-and-large already lower than the metropolitan average.*

Several aldermen worried that if the ordinance passed it would be a race to see who could opt out of their obligations first. "Just as there is not scattered site housing across the city of Chicago, there will not be affordable housing across the city of Chicago," said Ald. Freddrenna Lyle (6th). "There will be communities labeled for 30 years as communities with a paucity of powers, just as we sought so hard to not do with public housing." Other aldermen worried that installing such a mandate would dry up any tax credits for affordable housing outside of TIF districts. "I'm going to be sitting on a building that I've promised will be 100 percent affordable that there isn't money to fund," said Ald. Tom Tunney (44th), whose affluent northern lakeside ward doesn't have any TIF districts.

Local aldermen have said they would likely accept only a small number of projects in their wards because so many properties are already designated affordable. TIFs are by law supposed to help raise up blighted neighborhoods. Teh ordinance is partially aimed at those TIFs that were established in the South Loop and other more affluent neighborhoods by bending the definition of what is blighted. The TIF-sponsored development in those neighborhoods during the housing boom contributed to the migration [of] low-income resident to South and West Side neighborhoods. The ordinance relies on political pressure to force affordable housing development in those neighborhoods, but drags the rest of the TIFs along for the ride.

If Burnett's ordinance does potentially too much, O'Connor's ordinance may do too little. The proposal makes any use of taxpayer money eligible to satisfy the goal, but the language is just that, a goal, entirely unenforceable. The bar is also set much lower at only 10 percent of TIF revenue. The administration is supporting the measure, largely because it does not expose the city to lawsuits if it does not build the affordable housing it promised to do.

The City Council only debates broad affordable housing measures about once a decade. Preckwinkle has been a force in those debates and has fiercely promoted Burnett's ordinance in hearings. She will take over as president of the Cook County Board two days before the measure is debated. A caretaker to fill out her tem has not yet been identified, and while that person will likely vote in line with Preckwinkle's impulses, it is unlikely that they will be able to match [article cut off].

 

[However, that does not tell what proportion of families in an area are in affordable housing-- can pay for and obtain that housing, especially if one accepts the measure that one is not living in affordable housing if spending more than about a third of monthly income on housing.]

 

Sun-Times on what happened July 7

Sun-times online July 7, 2010
Plan to set aside TIF money for affordable housing stalls
Comments
July 7, 2010

BY FRAN SPIELMAN Staff Reporter
A plan to set aside 20 percent of Chicago’s tax-increment-financing (TIF) funds for affordable housing stalled in a joint City Council committee on Wednesday, despite a grass roots campaign that has pressured at least 27 aldermen to sign on.

The City Council’s Finance and Housing committees took two hours of testimony but no vote on the set-aside plan championed by Ald. Walter Burnett (27th) amid a barrage of questions from supporters and opponents alike.

Aldermen demanded to know how the mandate would impact their control over TIF spending, whether there are enough interested developers to support a 20 percent edict and whether neighborhoods without TIFs would be denied sorely-needed affordable housing. They also questioned how the ordinance would be enforced.

"If procedures they’re proposing are the same as what we’ve got now, what do we need another ordinance for?” said Housing Committee Chairman Ray Suarez (31st).

Burnett countered that TIFs are now being used to subsidize clout-heavy developers and consultants and to pay the salaries of 72 city employees. "Why can’t we give the TIF back to the people who pay the taxes in our community so they can get some affordable housing?” he said. "TIF is the only resource we have that can make things happen. We have to do something about foreclosures and the lack of affordable housing. This money is sitting in a pot while people in our communities are suffering.”

Chicago has 159 TIFs that siphon tens of millions of dollars away from local taxing districts -- by freezing property taxes for 23 years and using the increment for business subsidies and infrastructure improvements within those boundaries.

Burnett’s ordinance would rein in Mayor Daley’s unbridled control over the TIF piggy bank. Twenty percent of funds generated by TIFs in the previous year—$100 million--would be used to either build or preserve affordable housing. The 20 percent would come from the citywide total—not from each TIF, as some aldermen feared.

In 1993, Daley unveiled a five-year plan for affordable housing under pressure from the City Council. Last year, he committed $2.1 billion to create 50,022 units of rental and for-sale housing by 2013.

The City Council also mandated a 20 percent affordable housing set-aside on city-subsidized projects and 10 percent on projects that involve city land, planned developments and zoning changes that increase density.

Daley has taken no public stand on the new ordinance but Burnett knows he’s fighting an uphill battle.
"It’s not that the mayor is against affordable housing. It’s just that he needs to be massaged a little bit and I think he’ll reconsider,” Burnett said.

It’s not the first time Burnett has gone toe-to-toe with Daley on the issue of affordable housing,
During the 2003 City Council debate on the first affordable housing set-aside ordinance, Burnett told Daley that people on the mayor’s own staff “have challenges with affordable housing—whether you know it or not, whether they tell you or not.”

Daley snapped, "Alderman, I know about affordable housing. You don’t have to lecture me.”

Burnett stood his ground, arguing that affordable housing was the decisive issue in the 2003 aldermanic elections.
"We all have to live with that, Mr. Mayor. We cannot be afraid to fight to give people affordable housing. We need more,” he said.
Daley countered, "No one’s afraid to to say what’s right. . . .You’ve always spoken your mind. I’ve allowed that. Never infer that I did not allow that. . . .Don’t infer that I do not listen to you."


TIFS TO BE MODIFIED FOR AFFORDABLE HOUSING? July 7, 10 am City Hall 2nd fl Council chambers, there was a hearing on requiring 20% of TIF funds to be spent on affordable housing annually. Here are some details and one set of suggested alterations. Local groups such as Coalition for Equitable Community Development are examining the proposal. It was sent back to committee.

The July 6 Sun-Times carries an editorial on the use of 20% of TIF funds for affordable housing. The editorial strongly endorses and gives reasons to recommend, but suggests a number of changes.

Note that the proposed ordinance is for 20% of total TIF money, NOT 20% in every TIF. Not said here is whether this is retroactive to all money in TIFs when it goes into effect but it appears the transfers and requirement would be annual. Not said here is whether such units would have to be inside a TIF district. It would not be just for building new housing, but could also be for preserving or rehabbing existing housing for affordable or converting foreclosed properties into affordable housing.

Recommended changes by Sun-Times:

Reporting requirements said to be weak, esp. that the developers alone would verify family eligibility.

For rental half of apartments in each development would be for families earning 50 percent or less of area median (+$38,000 for family of 54) with 40% for families earning under 23% Sun-Times fears this would derail development or lead to projects that don't enhance property values (which is a main source of increment in the first place). ST would change the percentages to 30% and a bit under 40%.

Homeownership rules: Proposed is that 50 percent of for-sale units be for families making under $60,000. But this is the group that most heavily took the now mortgages in the bubble and then lost them. It might also raise costs to the point that financing could not be obtained. S-T does not suggest an alternative.

The proposal lacks a means to prevent the city form concentrating affordable developments in certain (challenged?) neighborhoods. At least some affordable development should go into TIFs in neighborhoods that are not "challenged" (read Hyde Park 53rd and Cottage Grove TIFs?)

Herald July 21 2010- a complicated change being tweaked. Local Alds. back housing bill. By Sam Cholke

Local aldermen have joined over half o their colleagues in supporting an ordinance that would mandate more tax increment financing (TIF) money get funneled into affordable housing development. "Once every decade there's another idea about affordable housing and how we can bring more resources to the table" said Ald. Toni Preckwinkle (4th), who co-sponsored the City Council's 1993 and 1999 ordinances that increased city spending on low-and moderate-income housing.

The current idea, the Sweet Home Chicago ordinance drafted by Ald. walter Burnett Jr. (27th) and the Chicago Coalition for the Homeless, would pump more TIF funding into affordable housing developments. "This ordinance is quite simple in how it would work," Julie Dworkin, director of policy for the Coalition for the Homeless, told a joint meeting of the Housing and Finance committees on July 7. Dworkin said the coalition is pursuing TIF funding to fill the gap left by dwindling state and federal funding for affordable housing.

For example, TIFs brought in about $495 million in revenue in 2009. Under the proposed ordinance, the city should then commit close to $100 million to affordable housing projects in 2010. "It doesn't take that many projects to get to $100 million," said Adam Gross, a lawyer from the Business and Professional People for the Public Interest, a group that is advising aldermen on the ordinance.

The ordinance sets teh benchmark for how much should be spent; t does not specify where it should be spent. [describes TIFs, ...TIFs can bed set up to spur commercial, industrial or residential development, or as a mixture of uses. Most TIFs are mixed use. There are 16 residential TIFs in the city, 11 of which are in Bronzeville.

"We have to be careful - we have a lot of affordable housing already," said Ald. Pat Dowell (3rd), whose ward contains many TIFs that were set up to fund the redevelopment of public housing redevelopments. "In the 3rd Ward, I would rather used the TIFs for retail development."

Preckwinkle said there is already a tremendous amount of TIF money being committed to affordable housing in her ward. Aldermen control how TIF money is spent, and if South Side aldermen cannot find affordable housing projects to help satisfy the ordinance, the city will have to look elsewhere. Many of the TIFs on the North Side are mixed-use districts, but are set along narrow commercial strips and have built-in plans for how funds are intended to be used, rendering affordable housing projects in those district difficult, though not impossible.

teh city could look on the West side, where many TIFs cover large residential areas and are intended to spur mixed-use projects that include residential. The Midwest TIF, which covers much of North Lawndale and East Garfield Park, is one of th e largest West side TIFs. It would not likely be able to accommodated new housing projects as it is projected to end the year overextended by $6.8 million. The neighboring Pulaski Ogden TIF, which also covers portions of North Lawndale, could not likely accommodate affordable housing developments either because it has not generated any revenue since it was created last year.

the Englewood Neighborhood TIF, set to spur residential and commercial development ad currently invested heavily in retail development, could accommodated some affordable housing projects. But even if the Englewood TIF were to commit all of its yearly $4.2 million in revenue, the Sweet Home Chicago ordinance's benchmarks would still stand far from being satisfied.

The Sweet Home Chicago ordinance is still a work in progress adn aldermen are expected to hold a second round of public hearings before any action is taken. "I doubt it will be exactly what was introduced," Preckwinkle said.

 

Next TIF regular open meeting is scheduled for tba. At Kenwood Academy Little Theater (flagpole entry then walk all the way south), 5015 S. Blackstone.

Let's Establish a Hyde Park Village. Some background: The "village" concept, is an idea that began in Boston about 8 or 9 years ago as a way to enable seniors to "age in place." The first, Beacon Hill Village, has served as a model for villages that are now mushrooming all over the country and even internationally. Currently there are about 50 established villages in the U.S. and at least another 50 in various stages of development. In our own area, Lincoln Park has an established village and Evanston/North Shore, Lakeview and Streeterville are all in the process of building their own villages. OWL Illinois has purchased the How-to manual from Beacon Hill to help get us started.
The basic idea is a membership community in which one phone number provides members access to whatever services, support, help or advice they may need to continue to function independently and to remain in their own home. But like any community, each village develops its own unique character based on the interests and circumstances of its members.
They are currently in the committee work and meet-small-groups phase having held four successful larger meetings. Organization work is underway with students from Chicago Booth.
VILLAGE PAGE. Their contact: hyde-park-village@googlegroups.com. "Toward a Hyde Park Village--a neighborhood organization designed to enable members to remain comfortably, safely, and happily in thier own homes and apartments whatever their age or physical abilities."

Index to this page

CECD Main Brochure in pdf. Updated text version (here, and note that checks should now be addressed to CECD and sent to 1515 E. 53rd St. Ste. 907).
Return to Affordable Housing Information home. Homelessness. Hunger issues-and tie to housing issues.

Next forum and annual meeting- probably in spring quarter

Report from February 28 Forum on Affordability legislation and parameters- in own page.

What's in the stimulus and housing stabilization and state capital budget acts 2009?

Document sent by Antheus/MAC Properties, HISTORIC AND MODERN HYDE PARK HIGH RISE BUILDINGS...
(Questions about this document should be addressed to Danielle Meltzer Cassel at D_CASSEL@vedderprice.com.)


Forum October 18 2008 Olympic impacts on housing reports Meeting reports (in own page). Visit also Olympics home and Olympics community benefits and impacts. Including CECD issue statement, Negotiating for Neighborhoods, and Olympics have had impacts.

See below: hydepark.org related pages; links. To Affordability information homepage.
To The start of it all: April 29 2006 Hyde Park Forum. May 19 2007 Hyde Park Housing Summit.

Coalition for Equitable Community Development now has its own initial website, http://www.hpkcoalition.org. Includes membership form.
Index to this page.

Much progress and activity was reported at the members' meeting May 20 2008 and again October 18.
Elected to the Board were Lenora Austin, Rahsaan Clark-Morris, Winston Kennedy, Allison Hartman, John Murphy, George Rumsey, Linda Thisted, Vicki Suchovsky, Pat Wilcoxen.

Officers elected (subsequently): Pat Wilcoxen President, John Murphy 1st VP, George Rumsey 2nd VP,
Linda Thisted Secretary, Allison Hartman Treasurer.


Membership application: http://www.iocillinois.org/CECD. Or in the http://www.hpkcoalition org.
Or contact Membership chair George Rumsey at 773 955-4455, rumsey@aol.com

Working Committees: Affordable Housing Advocacy, Community Planning, Research, Fundraising, and Membership Recruitment.

Purpose and Mission:

Promoting an Economically and Racially Diverse Community of Hyde Park-Kenwood, CECD seeks to:

Convene resident, faith-based communities, civic, educational, and social organizations, and the business community in planning, guiding, and monitoring housing and related activities that will support the maintenance of an economically and racially diverse community of Hyde Park and Kenwood.


This organization, now an incorporated Illinois nonprofit but awaiting 501(c)3 status and accepting memberships, held a well attended inaugural/organizational meeting and forum December 5,
Speakers included Joanna Trotter, mgr, Community Building Initiative at Metropolitan Planning Council, Ken Oliver of Interfaith, others. Many points of action and interaction with other issues were identified. The immediate need is for members so the org. can elect a board etc., show strength and interest, and an information and activity sharing base that should be on every block. 501 host is the See announcement (with some facts about affordability.)

Page index

 

Updates

In July 2009, the Illinois General Assembly passed a 5-year capital spending bill that includes $130 million for housing (first time that has been included). When information is avialable, it will be in the Recovery, Affordable Home, and State Capital Spending acts page.

This page continues the story of the Hyde Park Community's search for a vehicle to promote affordable living for our residents. The steering committe became a 501, Coalition for Equitable Community Development. Focus of the group will be affordable living (as actual housing in the neighborhood may be hard to keep and create), the broader area, and advocacy and facilitation rather than bricks and mortar.

Members include: (A complete list will be ascertained, as several from other organizations, from congregations and individual residents attended the June 20 2007 meeting.) More have joined since.

Subsequent to mandate of the May 19 2007 Housing Forum, the multi-organizational Steering Committee met June 20, 2006 and meets again July 16, 2006 . Contact George Rumsey or Pat Wilcoxen for information.

The June 20 2006 meeting reaffirmed the mission approved May 19, 2006:

A new community organization be established whose purpose is to convene residents, congregations, organizations and businesses to plan, guide, support, and monitor housing and community activities that wil create a sustainable, healthy, community of Hyde-Park Kenwood open to residents of all income levels.

Subcommittees were established and tasks assigned to handle legal issues and membership issues.


Short bits. See spring 2008 in the May 20 meeting report, later 2008

As of May 19, 2010, the House was about to consider this week the tax extender bill HB4213. This includes funding for the National Housing Trust Fund and project base vouchers. It would extend more than 50 special tax breaks that expired at the end of 2009. It also will extend unemployment benefits, provide Medicaid assistance to the states, and prevent rate cuts to doctors who see Medicare patients, among other emergency provisions. It also includes the exchange program for the 9% LIHTCs. The total cost may be as high as $200 billion. Some, but not all, of the cost will be offset by closing tax loopholes and increasing taxes on capital gains. The cost of the NHTF is included in the provisions that are offset. There is opposition to the total cost of the bill.

On October 20o7 Interfaith Open Communities won a major agreement with Antheus to keep the building north of its proposed 56th Cornell high rise affordable with frozen rents in perpetuity for existing tenants and guaranteed affordability for new tenants. This Affordable Housing Advocacy Committee of CECD is also engaging Ferdinand Leal of L3 and working with a UC student group and others seeking $100 m in state funds for affordable housing.

Affiliated Transitional Housing group has families that have graduated into transition into sustainable living. This group holds a benefit Taste of Hyde Park with participation of a dozen area restaurants at United Church, 1448 E. 53rd St., 6-9 February 23, Saturday. $30, $20.

Shortly before, Seminary Action made an agreement with MAC Properties for an affordable rental building for seminarians et al in the 1500 block of E. 54th St. and is purchasing a larger building. See in Affordability home.

Grove Parc was on the verge of victory with a new management firm taking charge of the complex and its redevelopment in conjunction with the Habitat Company.

In mid 2008 CECD won substantial concessions including 15% affordable units and 20% accessible in (and scattered throughout) Mr. Leal's proposed 53rd Cornell project and Antheus's Village Center project.

hydepark.org related pages; outside links

Affordable Housing Information and home. April 2006 community forum.
May 2007 founding forum and updates.
Affordability and Ending Homelessness. Development home with link index. Condo Conversions & High Rises.
To Government Services
(both of the latter including programs for disabled, seniors and low/fixed income in housing; see also Seniors' and Other Tax Programs). Disabilities Task Force.

Visit SeminaryAction.org to learn of an organization establishing affordable housing for students, and http://oicillinois.org. hpthp@att.net for local transitional housing project, and www.interfaithopencommunities.org/hydepark/.
Another form of cooperative housing is Qumbya
www.qumbya.com, Lisa Junkin, ljunkin@gmail.com.

More in hydepark.org's Nonprofit Organizations page, Helpline, and Community Resources.

Two of many websites that looks for a nexus between affordability, density and development:
Lincoln Land Policy Institute- www.lincolninst.edu/index-high.asp, Center for Neighborhoods/Corridor Housing Initiative- www.center4neighborhoods.org/corridor_housing.htm.

Bobbi Ball, Executive Director
Partners In Community Building
3424 S. State St. Ste 1 F6-1, Chicago, IL 60616
Bobbi Ball @ 312 328-0873, fax 312 328-0879
http://www.picbchicago.org

PICB is a housing resource center with available affordable single family housing and shared housing with informational resources for maintaining housing and financial literacy for youth thru adults. PICB partners with banks in the Chicago area to offer banking at school to grammar thru college students that improve reading, writing and critical thinking skills.

Board members elected February 28, 2009:

Results of the election were announced.
For 3-year terms: Allison Hartman, Karen Robinson, Linda Thisted, Pat Wilcoxen
For 2-year terms: Mark Granfors, Rahsaan Morris, John Murphy, Gary Ossewaarde
For 1-year terms: Lenora Austin, Margaret Kennedy, George Rumsey


Announcement in the Hyde Park Herald, December 5, 2007 by Daschell M. Philips.

A forum and inaugural meeting of the Coalition for Equitable Community Development will meet 7 p.m., Dec. 5 at the Hyde Park Neighborhood Club, 5480 S. Kenwood Ave., to discuss the state of affordable housing in Hyde Park.

According to the 2000 Census report, 16.5 percent of the Hyde Park population lived below the poverty level and the median household income was bout $36,000. As of 200, Hyde Park has had a loss of 465 units of rental housing and the number of owner-occupied units has double from 25 to 32 percent. The value of owner-occupied housing in the area has risen by 15 percent between 1993 and 2002. Since 2000 the community has lost 228 units of project-based Section 8 housing.

"Many of HYde Park's fixed-income residents are being displaced because they are losing their rental properties to developers who want to build luxury condominiums," said Pat Wilcoxen, program director of Interfaith Open Communities. In the past, Interfaith Open Communities staff have spoken to developers about preserving affordable housing and they've mad some concession,s but Wilcoxen said more work needs to be done.

Wilcoxen said that he Coalition for Equitable Community Development, which is incorporated but awaiting 501c(3) status, is holding the forum to remind residents of the importance of preserving economic diversity in Hyde Park and to acquire more founding members for the coalition. "We need to have a large, organized group to take on the developers and governing officials," said Wilcoxen.

The guest speaker for the event will be Joanna Trotter, manager of the county building initiative at the Metropolitan Planning Council. Wilcoxen said that Trotter is a good person to come speak to the group because she is also a Hyde Park resident.

Currently there are about 30 members of the Coalition for Equitable Development, which is sponsored by Interfaith Open Communites-Hyde Park Cluster; Hyde Park-Kenwood Older Women's League; Hyde Park-Kenwood Community Conference; Hyde Park [and] Kenwood Interfaith Council, Peace & Social Concerns Committee; 57th Street Meeting of Friends; First Unitarian Church Racial Justice Committee; and First Unitarian Church Social Justice Council.

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Report on the inaugural meeting and forum of the Coalition for Equitable Community Development in Hyde Park and Kenwood, December 5, 2007, HP Neighborhood Club

By Gary Ossewaarde

Agenda:

Introduction and Welcome- John Murphy, Moderator. Recognition of the steering Committee, Purpose of meeting

State of Affordable Housing in Chicago- Joanna Trotter, MPO

State of Affordable Housing in Hyde Park-Kenwood- Ken Oliver, IOC (handout)

Presentation of the new Coalition - Pat Wilcoxen Steering Committee Chair

Why we need a new organization in Hyde Park
The mission and focus of CECD
The structure-Membership driven
Next steps

Public Questions and Comment

Call for Membership- George Rumsey, HPKCC; distribution of forms

The meeting was convened by the Affordable Housing Steering Committee, now incorporated as the Coalition for Equitable Community Development and applying for 501©3 status, at 7 pm December 5 at the Neighborhood Club. John Murphy of Interfaith Open Communities presided. Murphy gave background and meeting purpose, and recognized the Steering Committee and the many organizations and individuals who have given help. The object is to advocate, educate and facilitate so that people can stay and be secure in their homes and in the neighborhood they know. Threats to this include loss of homes, being forced out by high rents and taxes, and increasing realty prices.

Joanna Trotter of the Metropolitan Planning Council’s Community Building Initiative described the State of Affordable Housing in Chicago. Among facts noted:
· There are diverse housing options but there is major income segregation in Chicago resulting in large areas where there is little affordable housing, access to transit and services, and where housing standards are poor.
· The market is working against reversing these trends and against providing housing that can be afforded to people in fast-growing categories.
· The CHA Plan for Transformation is a mixed bag in the midst of these problems. MPO and others seek to push it in directions that increase opportunities.
· The foreclosure wave shows that present trends and patterns of housing growth, toward the high end and condominiums, are not sustainable. Rents are starting to rise steeply.
· Even wealthy suburbs now acknowledge these problems and have inclusionary housing ordinances. And employers such as the U of C are setting up workforce housing options, including tax credits and direct investments.
· Chicago passed an inclusionary housing ordinance. If a developer wants incentives from the city, a percentage of affordable units must be set side.
· Planning organizations are preparing for a changing region. The growing sectors are Latinos, Aging, people seeking smaller units or affordable large-family units. But under present trends, little new housing for these people will be built by 2030.
· In fact we are losing affordable units—47% of 535,000 units in the region are rental; only half of these affordable. 78,000 of the affordable units will be lost by 2020.
· One growing trend to counteract these trends is the Preservation Compact, developed by the Urban Land Institute and the McArthur Foundation.

Ken Oliver of Interfaith Open Communities briefly described 2 new state laws that greatly increase state efforts and reinforce city efforts towards affordability: Tax Credits and Tax Abatement

Oliver introduced a report he and an intern prepared on the State of Housing in Hyde Park, acknowledging the difficulty of gathering and comparing data since the 2000 Census. He worked with the U of C Law School, which has studied the state of housing subsidies in our neighborhood –what they are, where, the future of each, and whether it is stable, at risk, or lost. He noted Hyde Park’s relative stability, including its diversity, since 1970 compared to other parts of the city. There has been a decline in population (reversing slowly since 1990),—the number per households has shrunk but there is the same number of households. The number of African Americans has drawn nearly even with whites (both now under 50 percent) with increasing numbers of Spanish and Asians. The number of rental units has gone down sharply since 1970 and ownership gone up, much of it on the high or upper middle class end.

Of 1155 subsidized units still existing here in 2000 (including tax credits, Section 8, and limited equity cooperative), 228 have been lost since and 211 are at risk, which includes those whose contracts are expiring. Together this is 439 or 40% in seven years. Oliver said this poses a threat to economic diversity. He said Hyde Park is threatened by its own success. Much of the pressure is from condo conversions. But all across the board there is pressure—25 percent pay 50 percent or more of their pretax income for housing, generally considered a tipping point. He concluded that subsidies are coming to an end, rents are rising, and so are taxes on both owner-occupied and rental units. He also noted that Antheus owns 28,000 units.

John Murphy, introducing Coalition leader Pat Wilcoxen, also of Interfaith Open Communities, , commented that the steering committee is hoping for a breathing spell in which strategies can be developed to deal with developers and promote affordability. He said that the Coalition is not opposed to change and recognizes the trends, but seeks a balance for those who have been here.

Pat Wilcoxen talked about the new organization, giving background. No one was monitoring the situation or dealing with developers. Older Women’s League (OWL) members urged Interfaith Open Communities to start the ball rolling. This snowballed into a number of organizat9ions joining the call for a large workshop held April 29, 2007 A resultant Task Force worked with the recommendations of the workshop, reached out to more stakeholders and possible creators of affordable housing, and convened another forum May 19, 2007. The later passed a mission statement, mandated the new community organization and a Steering Committee to implement it. The May 19 meeting created a mission mandate, implemented under the aegis of Interfaith Open Communities.

The object now is participation--to marshal as many organizations and groups as possible and a large body of members. This will show strength and community interest to developers, officeholders and stakeholders; raise money; and create a base for electing a board and officers at a conclave in late winter or early spring and to start programs. She said the interests of the organization will interlock with many other community concerns and interest groups. She said that not only is there much to be researched but also a large number of landlords, developers, and housing consumer lack vital information including new laws, programs and subsidies available, for informed decision making.

Wilcoxen and Murphy said the purpose is information assembly and dissemination and direct advocacy and negotiation, but not “bricks and mortar.” (Some participants said they want that option explored.) Again she stressed that the CECD is to be member-based, with dues priced to bring in numbers but members welcome to contribute more. The organization cannot have a staff for some time, so volunteers and committees will also be important.

Question and Answer
At this point. the first of many questions was asked concerning exploration of strategies, most of which have been pursued or are on the table-- here this case recycling existing buildings that might otherwise go condo or be town down or commercial development (Shoreland, Doctors Hospital….) for reuse of inclusion of affordable units.

Wilcoxen said that using existing assets is important, and will fill a gap left by the city’s inclusionary ordinance-which only covers new construction, and only under certain circumstances. A large membership is key to having bargaining pressure. She noted a major success in perpetuating affordability in the building north of the 56th Cornel development, but this was because of opportune circumstances and the developer (Eli Ungar of Antheus Capital and MAC Properties) was very receptive. (present tenants will have rents raised by only market amounts and new tenants with income below 60 percent mean income will be allowed; these are permanent parts of t he property title. She also said that Antheus is including a jobs (pre-apprenticeship) jobs program under Building Bridges. She also noted that certain Zoning provisions were said by Ungar to work against affordable units; Zoning may need revisit from this and other perspectives.

Wilcoxen, Murphy and Oliver said that much as South Side communities need to work together, they want any affordable set aside units to be created in this community and not exported.

David Nekimken described the Qumbya cooperative buildings, which led to discussion of many types of home sharing options that make the participants stakeholders. Noted were some problems with viable home sharing and transitional housing, and the initiatives of Lawyers for Better Housing.

Questions were raised about the role of the University of Chicago as a land and housing buyer and landlord, often for people needing affordable housing, and the University agenda and criteria in buying and operating housing.

Oliver said much of this is unknown and on this and other housing issues we need organizations and resources, including members in block clubs and on every block. Some web means to gather part of the information were suggested: metro.com, mcic.com. Cook County tax assessments and the Civic Knowledge Project, which could bring students, were also suggested. Grove Parc, a threatened HUD housing project on just southwest of Hyde Park, was said by reps to use The Coalition for Alternative (Uses?) based in Boston.

Another question was about limited equity cooperatives, such as the large Harper Square. More promising, Robin Kaufman suggested, was establishing a proactive means to find out what affordable or potentially affordable properties may be about to go on the market and are vulnerable to conversion or loss. This should include, she said, some kind of responsible organization to buy the property and make and keep it an affordable building. She suggested using or something like the city vehicle, land trusts

Joe Marlin suggested expanding the concept to include affordable commercial and community spaces, which certainly have a impact on viability of affordable housing. This led to more discussion of developing interest-based programs and initiatives that overlap and thus draw allies and participants whose primary mission may be in another topic.

George Rumsey, Hyde Park-Kenwood Community Conference President an membership chair of CECD made a rousing appeal for members. He cited an appeal by long-time activist and former HPKCC president George Cooley to make affordable housing in Hyde Park a priority, pointing to the large number of employees of 53d street businesses who can only afford to live above their place of business at rents that take up most of their income. Rumsey referenced the HPKCC mission statement, saying that there is nothing more “caring” or “diverse” than being able to live here

Rumsey said checks should be made out to and sent to Interfaith Open Communities with memo on the check for Coalition for Equitable Community Development.

Adjournment.

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Statement distributed with agenda

Background
On April 29, 2006, the Hyde Park-Kenwood Interfaith Open Communities (IOC/H) and Older Women's League (OWL) convened a community meeting to address the housing needs of the HydePark and South Kenwood communities. The meeting called for long term solutions to address the rising cost of housing and the displacement of long time residents due to lack of affordable housing. A task force was created to research forming a community development organization.

The task force explored various options for addressing the community's needs, holding meetings with community leaders and experienced professionals representing different types of community organizations. It conducted conversations with the local aldermen (4th and 5gh wards), University of Chicago officials, the South East Chicago Commission, the Hyde Park-Kenwood Community Conference, the Hyde Park-Kenwood Interfaith Council, and the Kenwood Community Conservation Council.

On May 19, 2007, a community forum was held to consider the report and recommendations of that task force. At that meeting it was decided:

  1. That a community organization be established that would engage residents, faith communities, organizations and businesses in an effort to plan, guide, support, and monitor housing and community activities that will maintain or create a sustainable, healthy, mixed income community of Hyde Park-Kenwood.
  2. That a Steering Committee be created whose purpose was to create this new community organization. Membership on the committee included representatives from the sponsoring organizations, the business community, the university, civic organizations and the faith community.

The mission of the Coalition for Equitable Community development shall be to convene residents, faith-based communities, civic, educational, an social organizations and the business community in planning, guiding, and monitoring housing and related activities that wil support the maintenance of an economically and racially diverse community in Hyde Park and South Kenwood.

Key points from Ken Oliver's State of Housing in Hyde Park

By Kenneth Oliver, research by Anne King, Interfaith Open Communities.[Abstraction here by Gary Ossewaarde]

Housing units in Hyde Park peaked at 27,000 in 1950 and plunged between 1960 and 1970 to about 18,500. Almost all of this drop was in rental units (25.000 to 18,000)-- losing mostly substandard units. Because of the reduction, Hyde Park avoided the steep housing and economic depression suffered in surrounding communities and (the author states a connection) remained stable and very diverse. (See different figures below).

Hyde Park population [65,000 HPK in 1960 and 44,000 in 1990] in 2000 wa 29.920 up 12.90 over 1990 but stilt down 11% or 3,639 from 1970. Households are 14,360, about the same as in as 1970 but average household size went from 2.2 to 2.0.

RACE 2000 Census 1970 Census
White 43.5% 64.1%
African-American 37.7 31.1
Hispanic 4.1 2.6
Asian 11.3 4.8
Other 3.4 n/m

16.5% is below the poverty line vs. 12.4 nationally and 19.6 Chicago. 2.3% now receive public aid, vs 7.2% in 1980.
Median household income $35,991 vs Chicago median $38,625 and metropolitan $67,900
15,227 housing units, a los of 465 since 1970. Vacancy rate was 5.6 vs twice that in 1970.
4,551 units are owner-occupied and 9,809 rental (twice a many) but owner occupied increased 15% to 32% of total housing units. This is the biggest change.

Property value of owner-occupied units has risen by 154% 1993 to 2002 and 25% 1998-2002.
Renters: half pay over 30% of gross income for housing (a healthy upper limit) and 25% more than 50%.

Options for moderate and low income people in Hyde Park have diminished and housing costs risen.

Subsidized rental housing is clearly in decline. Figures analyzed included South Kenwood.
Of 1,210 subsidized units, plus 296 vouchers in private buildings, 927 ar low income family, including 462 Project-based Section 8. Breakdown:
Section 8 Project based 462
Elderly and Disabled (202/811) 187
Federal Tax Credit 138
State and city programs 705
Other HUD 338
Section 8 Voucher 296.

The shrunken subsidized family housing in Hyde Park has gone from 1,555 units in 2000 to 927 in 2007 (40%) and the trend continues.
Units (family subsidized) lost since 2000- 228 (19.7%)
Units at risk -211 (18.2)

Most of the recent loss is in Project-based Section 8 contracts that the owner did not renew. Significant contracts with Section 8 are about to expire. Projects have HUD -insured mortgages about to expire or reach pay-off date or are eligible for pre-payment. There may be more.

Conclusion:

"Today, the diversity of Hyde Park is threatened by its own success. The loss of rental housing, and especially the loss of subsidized renal housing, has brought added pressure to working families and seniors in the community. Rising rents, together with a tight rental market, result in low and moderate income residents paying higher and higher percentages of their income to stay in the community. Unless a strong effort is made to reverse the current trends, the Hyde Park of tomorrow may lose the very qualities that make it such a unique and integrated community today."

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Pre coverage of the February 20 kickoff: Housing group launches member drive, board of directors election

Hyde Park Herald, February 14, 2008. by Kate Hawley

A newly minted organization aimed at preserving affordable housing in Hyde Park will elect its board of directors next week.

The Coalition for Equitable Community Development will hold the election at 7 p.m. Feb. 20 at the Hyde Park Neighborhood Club, 5480 S. Kenwood Ave. All coalition members can vote, according to Pat Wilcoxen, one of it incorporators. She encouraged anyone interested in housing issues in Hyde Park and its environs to become a member. "We want individuals who reflect our diverse community," she said. Membership information is available online at IOCIllinois.org or by calling Wilcoxen at 643-7495.

The coalition has been in the making since April 2006, when a pair of local groups, Hyde Park-Kenwood Interfaith Open Communities and the Older Women's League, first met to consider ways to keep longtime residents from being pushed out by rising home prices. A task force convened by those groups launched the Coalition for Equitable Community Development which met officially for the first time on Dec. 5 last year.

Electing a board of directors is a critical step in attaining non-profit status for the coalition, Wilcoxen said. Its finances are currently handled by Interfaith Open communities, a Chicago metropolitan area non-profit where Wilcoxen is a project manager.

The coalition's goal is to create a "big tent" under which activists of many stripes can unite to support affordable housing -- particularly in new projects in which the community has a say. "We want to be there to influence the plans," Wilcoxen said.

While there is less new development in Hyde Park than in some surrounding neighborhoods, Wilcoxen note a handful of projects in the works.

Proposed redevelopments of the Harper Court mall, 5211 S. Harper Ave., and Village Center mall, at 1525 E. Hyde Park Blvd., may include homes. And more new building could come to Hyde park if Las Vegas-based L3 Development moves forward with plans for two properties on 53rd street. It has a option on the Mobil-McDonalds site between Kimbark and Kenwood avenues, and has torn down a building at 1620 E. 53rd St. to make way for a high-rise.

Those plans are on hold at the moment. L3 is "trying to figure out what is possible in the changed development climate," said Ald. Toni Preckwinkle (4th). "Because of the housing crisis, it's very hard to get things funded."

Wilcoxen said Interfaith Open Communities already lobbied successfully for an affordable element at Solstice on the Park, the eco-friendly high-rise planned for 5526 [sic]-5540 s. cornell Ave. Developer Antheus Capital plans to kick off sales in March. Antheus, which owns a building just north of the Solstice site, at 5528 S. Cornell Ave., agreed to keep its 53 units as rentals in perpetuity.

The local groups participating in the Coalition for Equitable Community Development include Interfaith Open Communities-Hyde Park Cluster, Hyde Park-Kenwood and Illinois Older women's League, Hyde Park-Kenwood Community Conference, Hyde Park and Kenwood Interfaith Council, 57th Street Meeting of Friends and First Unitarian Church.

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Notes on the May 20, 2008 Membership Meeting

By Gary Ossewaarde

Agenda: Call, minutes, approval of bylaws, Reports of committee action item, other business

Vicki Suchovsky of the Research Committee reported progress on assembling an inventory and map of Hyde Park real estate types and uses. More sources and next steps were identified.

Linda Thisted of the Affordable Housing Advocacy committee (AHA) reported on accomplishments and challenges and opportunities that have arisen over the past few months:

A member suggested inclusion of cooperative housing and working with existing cooperative groups as part of the affordable advocacy program-- maybe seeking cooperative housing in the TIF.

George Rumsey reported on plans of the Membership committee and urged asking friends to join. Draft of a brochure was distributed.

President Pat Wilcoxen reported on Community Planning. She discussed findings of the 53rd Visioning Workshops (cosponsored by CECD), Harper Court Priorities Survey, Guidelines (The meeting endorsed placing on the board's agenda submitting comments).

Concern was expressed about the University of Chicago's preferred models for redevelopment-- Delmar in St. Louis, University of Pennsylvania, Oak Park/River Forest (that east of the latter was called better).

Wilcoxen noted that the next board meeting agenda included discussion with Soul and with Win Kennedy and the recent large number of foreclosures and how those losing or in danger of losing their homes could be helped.

The meeting was adjourned with the board to determine the next meeting.

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CED statement on Proposed 53rd & Cornell Development

May 2008

The developer is proposing a 20 story building, with 206 rental apartments. At the April 23 meeting, they committed to 15% affordable units, on-site

The Coalition for Equitable Community Development position, refined, bases on April 23 meeting:

This will make the affordable apartments especially attractive to seniors. The location will be attractive because it is near public transportation and retail stores. Many seniors would prefer to rent, rather than to own, and would prefer to live in an elevator building. Handicap accessible units will be of particular interest to seniors.

Definition of Affordable

Income limit is based on city ordinance requirement of 60% percent of area median income. Affordable monthly rent is based on: Single person = Studio/1 Bedroom; Couple = 1 Bedroom; Family of 3 or 4 = 2 bedroom apartment.

  Single person Couple Family of 3 Family of 4
Income limit $31,680 $36,180 $40,750 $45,240
Affordable Rent $792/$848 $848 $2018
$1018

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October 18, 2008- most of the material on this forum is in its own page.

Coalition for Equitable Community Development. Promoting an economically and racially diverse community in Hyde Park--Kenwood

Position Paper:

Issue: Impact of Olympics on Affordable Housing. View this Paper by itself.

Many residents are concerned that the 2016 Olympics, if they are held in Chicago, will have a negative impact on the affordability of housing in th Hyde Park-Kenwood Community as well as other areas adjacent to Olympic venues.

Based on the experience of other host cities (such as Atlanta and Barcelona), CECD believes that this is a real concern. we are working with other community organizations to create a Community Benefits Agreement that wil address issues such as housing affordability. The CECD board of directors has approved the following position statement on the issue:

CECD's Position

To minimize economic displacement of families living in the area:

1. Mandate that at least 1/3 of Olympic Village units be made into affordable housing after the Olympics.

 

2. If a TIF is created for the Olympic Village, create an advisory council of local residents and make affordable housing a priority for TIF funds.

3. For all developments approved after October 2, 2009 within two miles of the Olympic Village or the Olympic stadium, require 20% affordable housing set aside (see attached map). This is an increase over the current city ordinance that requires a 10% affordable set aside for new residential construction.

[A map was attached drawing a two mile radius around the Olympic Village and Olympic Stadium. Hyde Park, Kenwood are included in the Stadium circle.]

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Moving toward 2009

The board meets monthly or bimonthly. On November 17th the board discussed the following:

The next membership and open meeting is tentatively set for February 28, 10 am, Augustana Church. The next board meeting is on December 15, 1525 E. 53rd St. 4th floor, 4:30 pm.


Low-Income Housing Provisions of Recovery Legislation. By Barbara Sard, CBPP 2-13-09

The final agreement between the conferees on the American Recovery and Reinvestment Act was filed February 12. The text is available at www.rules.house.gov. The House and Senate are expected to approve the conference report on Friday, and it will be signed this weekend by the President.

The final bill is estimated to cost $787 billion, $30 billion less than the House bill and about $50 billion less than the Senate bill. Yet the bill provides $2 billion more for HUD programs than the Senate–passed bill (but $2.7 billion less than the House-passed version of the bill). We have updated the chart at http://www.cbpp.org/2-3-09hous-prac.pdf with the funding levels in the final bill. The major changes from the Senate bill are the restoration of $2 billion for Neighborhood Stabilization grants the House bill provided $4.2 billion), the inclusion of the House-proposed $1 billion for CDBG formula grants, and the reduction of public housing capital funds from the $5 billion level in both bills to $4 billion ($3 billion to be distributed by formula and $1 billion through a competition). The final bill retains $1.5 billion for homelessness prevention grants to be allocated through the ESG formula. CBPP estimates of the ESG funding each state will receive are available at http://www.cbpp.org/1-22-09bud-es.pdf.

To respond to the sharp reduction in the funding yielded by Low Income Housing Tax Credits, the conference agreement includes $2,25 billion of HOME funds to "fill the gap" on projects awarded LIHTCs (no funding is provided for unrestricted HOME formula grants ), and adopts the House-proposed exchange provision. (The exchange provision is explained in our paper available at http://www.cbpp.org/2-2-09hous.htm). The provision allows exchange only of unsold 9% credits from prior years and 40 percent of the 9% credits for 2009, and not 4% credits. The final bill does not include the provision in the Senate bill to "accelerate" the amount of the credit taxpayers can claim in the first three years, or the Senate Finance "credit carryback" provision.

The bill includes an important provision to protect renters (including section 8 voucher holders) in foreclosed properties acquired or rehabilitated with Neighborhood Stabilization funds newly made available or appropriated last year (unless the funds were committed before the bill is signed). Recipients of NSP funds must not discriminate against Section 8 voucher holders. We will post additional information about this provision shortly.

Some of the tax cuts added in the Senate bill were trimmed sharply to make way to restore components of the bill that were priorities for the Administration, such as additional funding for schools and additional benefits for the unemployed.

The final bill does not include the $15,000 homebuyer credit contained in the Senate bill. Instead, it includes provisions modifying the original homebuyer credit approved last July (increasing the credit from $7,500 to $8,000 and extending it to homes purchased before December 1, 2009) and waives the requirement that the credit by paid back if buyers retain the home as their principal residence for at least 3 years.

Congress is on recess the week of February 16th. The following week Congress is expected to approve the delayed 2009 appropriations bill for HUD and most other agencies. We will provide information on 2009 funding levels for key HUD programs as soon as it is available.

To Table of Provisions breakdown in pdf.

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CECD Coalition for Equitable Community Development Brochure

Promoting an Economically and Racially Diverse Community of Hyde Park-Kenwood

Our Mission: To convene residents, faith-based communities, civic, educational, and social organizations, and the business community in planning, guiding, and monitoring housing and related activities that will support the maintenance of an economically and racially diverse community of Hyde Park and Kenwood.

CECD serves the interests of the Hyde Park-Kenwood community and surrounding communities.

Why CECD?

Affordable housing in Hyde Park/Kenwood and the surrounding communities is shrinking and will continue to shrink, without community intervention.

What is "affordable" housing?

In Hyde Park/Kenwood, the value of owner-occupied housing rose by 31% between 2000 and 2003, whereas median household income rose by only 18%.

In 2007, the average rent for a one-bedroom apartment in the Chicago area was $832 per month, and for a two-bedroom apartment it was $935 per month.

To afford a one-bedroom apartment, an individual would need to earn $16.00/hour; to afford a two bedroom apartment, an individual would need to earn $17.96/hour

The average earnings by profession:

Bank teller ...............$13.33/hour
Cashier......................$ 9.95/hour
Child care worker....$13.94/hour
Food prep worker..$10.47/hour
Nursing Aide.............$13.14/hour
Office clerk................$14.60/hour
Retail salesperson....$11.08/hour
Security guard.........$16.14/hour
Stock clerk................$14.09/hour

In 2007, the median price home was $262,000 in the Chicago area

To afford the median priced home, an individual would need to earn $85,589.

The average earnings by profession:

Accountant......................$52,586
Civil engineer..................$65,998
Elem. School teacher.....$52,543
Family social worker.....$45,492
Fire fighter......................$43,180
Librarian..........................$57,716
Registered nurse............$63,938
Physical therapist...........$71,962
Police Officer...................$51,930
Urban Planner................$42,612

Source: Chicago Rehab Network

Coalition for Equitable Community Development

Membership is open to both individuals and institutions.
For more details, please go to
http:..hpkcoalition.org or contact George Rumsey,
773 955-4455, rumsey@aol.com*

*Until January 6, call 773 288-8343 or hpkcc@aol.com,
identifying message as for
Coal. for Equitable Development.

Officers:

President Pat Wilcoxen

1st Vice President John Murphy

2nd Vice President George Rumsey

Secretary Linda Thisted

Treasurer Allison Hartman

Directors

Lenora Austin
Mark Granfors
Winston Kennedy
Rahsaan Clark Morris


CECD- 1525 East 53rd Street, Suite 907, Chicago, IL 60637

Phone 773-955-4455. http://www.hpkcoalition.org


Membership Form

Membership Level:
___Family.................................$35
___Organization.......................$100
___Individual...........................$15
___Supporter...........................$250
___Senior/Student..................$10
___Other ..................................$______

My principal concern is:
___Affordable Rental Housing
___Condo and Coops
___Senior's Housing
___Planning and Zoning issues
___Efforts to maintain diversity
___Other_____________________

I want to be involved by volunteering to:
___Research affordable housing in HP-K
___Serve on a committee or board
___Be an advocate
___Help with fundraising
___Other

YES, I want to be a member. Enclosed is my membership
contribution of $_______. Please make checks payable to:
Interfaith Open Communities, fiscal agent for CECD.

Your Name__________________________

Address____________________________
__________________________________

Phone______________________________

E-mail_____________________________

CEDC is a nonprofit organization. Interfaith Open Communities,
a 501(c)3 tax-exempt organization, is the fiscal agent.
Please make your check payable to Interfaith Open Communities to:
Coalition for Equitable Community Development c/o
Interfaith Open Communities 200 N. Michigan Avenue, Suite 502
Chicago, IL 60601

 

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