CCP 12-13-2011 - Laserfiche WebLink

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cily of COMMUNITY DEVELOPMENT 1\EW DEPARTMENT miw BRIGHTON the city that works for you MEMORANDUM DATE: December 8, 2011 TO: Dean Lotter, City Manager FROM: Grant Fernelius, Community Development Director Janice Gundlach, City Planner Joe Hatch, Code Enforcement Officer SUBJECT: Housing Stabilization Discussion Over the course of the last 16 months, city council and staff have met on five different occasions to discuss the concept of a housing stabilization program. The last work session discussion was held on September 13, 2011. Unfortunately, due to time constraints there was not adequate opportunity to address questions and issues that arose from previous meetings or to come to a consensus on whether or not to proceed with a program. The following memo, originally distributed for the September 13th work session, aims to address questions/issues raised in the past. Scope of Potential Program One question that came up was the number of potential homeowners that might qualify for a program, especially if it were focused on housing of a certain age. Council asked for information on the number of homes built before 1970 and 1980. The attached map shows the location of single-family housing constructed before 1970; between 1970 and 1980; and after 1980. We have only tabulated the numbers for pre-1980 housing stock. Category Number % Med. Value Mean Size Built before 1970 3,172 61% $212,470 1,533 S.F. Built 1970-1980 1,192 23% $250,283 1,965 S.F. Total 4,364 84% Note: All single-family units= 5,069 Observation In talking with CEE about a targeted program, they have cautioned that an age- restricted program may not be necessary because most homes would qualify anyway. Further, limiting programs to age-specific housing can be viewed as another obstacle for resident participation. Income limits are a much better tool for targeting resources.