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TCDC Board Presentation Veterans Village

Jun 02, 2018

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    John D Dingell, Jr. Veterans Village

    11

    Taylor Community

    Development Corporation

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    The Opportunity: Why Now is the Right Time

    The Journey Home: How to Open Doors to Vets

    Planning for Success: Recommended Approach

    Path to Funding: Gearing Up for the Mission

    3

    Table of Contents

    Taylor Community

    Development Corporation

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    4

    The Opportunity: Why Now Is the Right Time

    4

    Taylor Community

    Development Corporation

    John D Dingell, Jr. Veterans Village

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    Taylor Community

    Development Corporation

    40% of Veterans seekingcare from VA HealthcareSystem are homeless for 1

    month to 2 years.

    Veterans are listed as oneof the six sub-populations

    homeless or at-risk inWayne County.

    5

    Veterans feel Lost in the Cracks

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    On average 40-90 days for a homeless Veteran

    to find an apartment home.

    - Apartment search training classes

    - Vetting housing options

    - Transportation & accessibility to options

    - Income qualification- Application fees & security deposits

    Finding Housing is a Long Process

    Taylor Community

    Development Corporation 7

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    It Starts with a Place to Call Home

    Taylor Community

    Development Corporation 8

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    $1.6 billion invested in 2015 to end Veteran homelessness.

    Significant Investments Underway

    Taylor Community

    Development Corporation 9

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    10

    600+ Permanent Supportive Housing units, and more to come

    The Midwest is Investing

    150 Units

    75 Units

    175 Units

    150

    Units

    52 Units

    300 Units

    Taylor Community

    Development Corporation 10

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    John D. Dingell Jr,

    Veterans Village

    Piquette

    Square

    Silver Star

    Phase I

    Hope Manor

    Phase I

    Veterans Manor Lincoln Apartments

    Taylor, MI

    Detroit, MI

    Battle Creek, MI

    Chicago, IL

    Milwaukee, WI

    Indianapolis, IN

    The Need 110,566 veterans (Wayne County) 11,414 veterans

    (Calhoun County)

    224,033 veterans

    (Cook County)

    54,937 veterans (Milwaukee

    County)

    59,214 veterans (Marion

    County)

    Veterans

    Served

    30% AMI

    30% AMI

    30% AMI

    30-60%

    AMI

    30-60%

    AMI

    30-60%

    AMI

    Size 100 units

    (Phase 1)

    150 Units 75 Units

    (Phase 1)

    80 Units

    (Phase 1)

    52 Units 75 units

    Year

    Built

    2015 2010 2009 2011 2011 2012

    Cost $15.17M $22.9M $8.4 Million $14.7 Million $11.3 Million $11.6 Million

    Building

    Size

    75,000 Square Feet

    106,000 Square Feet

    72,665 Square Feet 48,724 Square Feet

    62,259 Square Feet

    Support

    Services

    Wayne Metropolitan

    Community Action

    Agency

    Southwest Housing

    Solutions

    Veteran Residents & VA

    Battle Creek

    Volunteers of

    America

    Center for Veterans Issues Volunteers of America

    Voucher

    Program

    HUD-VASH & Project-

    Based Vouchers

    HUD-VASH Vouchers Project-Based Vouchers HUD-VASH & Project-

    Based Vouchers (30

    Units)

    HUD-VASH (17 units) &

    Housing Choice Vouchers (35

    Units)

    Funding $10.78M LIHTC

    $4.40M Loan

    $7M HOME Funds

    $6.7M MSHDA Tax-

    Exempt Bond

    $6.5 LIHTC

    $1.7 Brownfield Tax

    Credits

    $4.7 LIHTC

    $4.1M HOME Funds

    Enhanced-Use Lease VA

    $8.5M LIHTC

    $1M HOME Funds

    $1M VA Capital Grant

    $1.5M City of

    Chicago

    Land $1 Donation

    $1.35 ERP Funds

    $6.8M LIHTC

    $1M Milwaukee City/County

    $9.8M LIHTC

    $.5M Home Funds

    $.3M IAHCDA Grant

    City Land Donation

    Need Served through LIHTC Funds

    Taylor Community

    Development Corporation 11

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    John D Dingell, Jr

    Veterans Village

    Phase II

    John D Dingell, Jr

    Veterans Village

    Phase II

    Silver Star Phase II

    Silver Star

    Phase III

    Hope Manor

    Phase II

    Hope Manor

    Phase III

    Taylor, MI

    Taylor, MI

    Battle Creek, MI

    Flint, MI

    Chicago, IL

    Chicago, IL

    The Need

    11,414 veterans

    (Calhoun County)

    Veterans

    Served

    30-60% AMI 30-60% AMI 30% AMI 30-60% AMI

    Size

    100 Units

    100 Units

    101 Units 73 units

    Year

    Built

    2016

    2017

    2013

    2015

    2012

    2015

    Cost $16M $23.4M

    Building

    Size

    110,000 Square Feet

    Support

    Services

    Veteran Residents & VA

    Battle Creek

    Volunteers of America

    Volunteers of America

    Voucher

    Program

    Project-Based Vouchers Project-Based Vouchers

    Funding $12M LIHTC

    $2.7M HOME Funds

    $1.3M

    Enhanced-Use Lease VA

    $16.6M LIHTC

    $1.9M HOME Funds

    $3.5M City of Chicago

    Success Leads to Future Phases

    Taylor Community

    Development Corporation 12

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    Reduced health care and taxpayer service costs: Averagecost of homeless individuals reduced from $43,000 to$17,000 per year with permanent supportive housing.

    Improved quality of life: Improvement in mental health,decrease in substance abuse, reduction in jail time,increase in monthly earnings.

    Improved market:Areas within 1,000-2,000 feet ofpermanent supportive housing experience upward trendin house prices.

    Permanent Supportive HousingSuccessful model shows cost, social and economic benefits

    Taylor Community

    Development Corporation 13

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    14

    The Journey Home: How to Open Doors to Vets

    14

    Taylor Community

    Development Corporation

    John D Dingell, Jr. Veterans Village

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    Welcome Home to

    Silver Star Apartments, Battle Creek MI

    Create a Link from VA Medical Center

    Taylor Community

    Development Corporation 15

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    Homeless [Category 1]An individual or family who lacks a fixed, regular, andadequate nighttime residence, meaning:

    I. An individual or family with a primary nighttime residence that is a public orprivate place not designed for or ordinarily used as a regular sleeping

    accommodation for human beings, including a car, park, abandoned building,bus or train station, airport, or camping ground;

    II. An individual or family living in a supervised publicly or privately operatedshelter designated to provide temporary living arrangements (includingcongregate shelters, transitional housing, and hotels and motels paid for bycharitable organizations or by federal, State, or local government programs for

    low-income individuals); or

    III. An individual who is exiting an institution where he or she resided for 90 days orless and who resided in an emergency shelter or place not meant for humanhabitation immediately before entering that institution.

    Veterans receive preference for placement within Veterans Village

    Cast a Wide Net for Eligible Residents

    Taylor Community

    Development Corporation 16

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    Special NeedsAn adult person/prospective tenant with a physical (includingprofound deafness and legally blind), mental or emotional impairment that is of long-term duration, and, at the same time, the tenant must have a substantial andsustained need for supportive services in order to successfully live independently. Inorder to meet the special needs definition, tenants must require assistance in atleast two life-skill areas, such as:

    Ability to independently meet personal care needs;

    Economic self-sufficiency (capacity for sustained and successful functioning invocational, learning or employment contexts);

    Use of language (ability to effectively understand, be understood and handlecommunication as needed on a daily and ongoing basis);

    Instrumental living skills (managing money, getting around in the community,grocery shopping, complying with prescription requirements, meal planning andpreparation, mobility, etc.), or

    Self-direction (making decisions/choices about ones day-to-day activities andregarding ones future) or

    The person is a recipient of SSI/SSDI.

    Veterans receive preference for placement within Veterans Village

    Cast a Wide Net for Eligible Residents

    Taylor Community

    Development Corporation 17

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    Distinguished Veterans Live Inside

    Taylor Community

    Development Corporation 18

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    Celebrate Vets who Served at Entry

    Taylor Community

    Development Corporation 19

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    Supportive Partner from Day One

    Taylor Community

    Development Corporation 20

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    700 Square Foot Apartments at Silver Star in Battle Creek, MI

    A Fully Furnished Apartment Home

    Taylor Community

    Development Corporation 21

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    25 HUD-Veterans

    Affairs Supportive

    Housing (VASH)

    Choice Vouchers

    75 Project-based

    Vouchers

    Qualify at 30% AMI , Rent at $712 per month with Rental Assistance

    Assist their Stay with Vouchers

    Taylor Community

    Development Corporation 22

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    Warm Coats, Work Attire, Home Goods, & Canned Goods Pantry

    Start Veterans Off with the Essentials

    Taylor Community

    Development Corporation 23

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    Residents Pay $0 Utilities, Owners Beat Utility Allowance Cost

    Built-In Efficiency Reduces Burden

    Taylor Community

    Development Corporation 24

    http://www.google.com/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&ved=0CAcQjRw&url=http://terralux.com/news-press/press-room/&ei=DOFwVM_7OJemoQSMuIHgDw&bvm=bv.80185997,d.cWc&psig=AFQjCNGCO9GIk_4zRVY9eY707dHKZp2_eQ&ust=1416770184944737
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    Shuttle to VA Medical Center, American Legions & Employment Resources

    Door-to-Door Transportation Service

    Taylor Community

    Development Corporation 25

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    Education, Fitness, Art & Entertainment Amenities within the Community

    Access to Community Resources

    Taylor Community

    Development Corporation 26

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    Training Opportunities

    Taylor Community

    Development Corporation 27

    http://www.veteransmanor.com/helping-veterans-and-beyond/http://www.veteransmanor.com/helping-veterans-and-beyond/http://www.veteransmanor.com/helping-veterans-and-beyond/
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    Build-Your-Own Garden Program

    Therapeutic Gardening

    Taylor Community

    Development Corporation 28

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    Canning, Beekeeping, & Cooking Classes in Commercial Kitchen

    Educational Workshops

    Taylor Community

    Development Corporation 29

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    Connect to Veteran Volunteer Organizations & Employment Programs

    Revitalize Veterans Sense of Purpose

    Taylor Community

    Development Corporation 30

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    31

    Recommended Approach

    31

    Taylor Community

    Development Corporation

    John D Dingell, Jr. Veterans Village

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    Taylor Community

    Development Corporation

    Changing Taylor Together

    32

    http://debbiedingellforcongress.com/http://debbiedingellforcongress.com/
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    PHASE 12015

    Needs-Based Phased Approach

    April 1st, 2015 MSHDA 9% LIHTC Round

    100 one-bedroom permanent supportive housing units

    25 HUD-VASH PSH unitsVeterans who are homeless [Category 1]

    Remaining 75 PSH unitshomeless [Category 1] OR special needs with a

    preference for veterans

    30% AMI with Project-Based & HUD-VASH Rental Assistance

    House homeless [Category 1] with preference for Veterans

    Supportive services provided by Wayne Metro Community Action Agency

    Taylor Community

    Development Corporation 34

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    PHASE 22016

    Needs-Based Phased Approach

    2016 MSHDA 9% LIHTC Round

    Mixture of supportive housing and independent living, Mixture of housing types

    Evaluate need after successful phase I project

    Taylor Community

    Development Corporation 35

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    Needs-Based Phased Approach

    2017 MSHDA 9% LIHTC Round

    Mixture of supportive housing and independent living, Mixture of housing types

    Evaluate need after successful phase II project

    PHASE 32017

    Taylor Community

    Development Corporation 36

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    The Rebirth of Phoenix Park

    2015 Redesign of Phoenix Park

    In partnership with the Taylor Conservatory, leverage Veterans Village to

    provide resources to redesign Phoenix Park. Offer Build-Your-OwnGarden Program supervised by master gardeners with an apprenticeship

    program to teach Veterans how to grow and maintain their own plot.

    Offer cooking & canning classes, educate the neighborhood nutrition and

    importance of fruits & vegetables, donate harvest to Gleaners Food Bank

    and Fish and Loaves, display Veteran artwork.

    2

    PHASE 12015

    Taylor Community

    Development Corporation 37

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    The Rebirth of Phoenix Park

    Taylor Community

    Development Corporation 38

    http://nwbloom.com/wp-content/uploads/2010/08/Veterans-Memorial-Rendering-Compressed.jpg
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    April 1st,2017 MSHDA 9% LIHTC Round:

    - Mix of supportive housing and independent living- Mixture of housing sizes

    - Meet the needs identified after Phase I completion.

    65% of land remains green space

    Low-Impact Design

    Taylor Community

    Development Corporation 39

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    Development Corridor

    Taylor Community

    Development Corporation 40

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    John D Dingell, Jr. Veterans Village

    Taylor Community

    Development Corporation 41

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    42

    Path to Funding: Gearing Up for the Mission

    42

    Taylor Community

    Development Corporation

    John D Dingell, Jr. Veterans Village

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    Path to April 1stMSHDA Submission

    Architecture Budget Total

    Preliminary Concept $ 6,000

    Site Planning $ 54,000

    Total Archicture Cost $ 60,000

    Engineering

    Topographic Study $ 9,850

    Geotechnical Study $ 12,780

    Conceptual Planning $ 1,500

    Site Plan Approval Drawings $ 45,000

    Site Plan Landscape Drawings $ 4,500

    Construction Drawings $ 30,000Landscape Construction Drawings $ 3,500

    Easement Sketches/Descriptions $ 2,250

    Meetings/Construction Engineering $ 6,500

    ALTA Study $ 3,500

    Total Engineering Cost $ 119,380

    Taylor City Fees

    Site Plan Review Fees (Multi-Family) $ 4,115

    19 Prints of Site Plan

    Legal Reviews, Documnetation Prep - Development Agreement Preparation & Review $ 2,500

    Special Meeting - Zoning Board of Appeals - Use Variance $ 1,500

    Wade-Trim Engineering ReviewTotal City Fee Cost $ 8,115

    Legal Fees $ 20,000

    Total Legal Fees $ 20,000

    MSHDA Costs

    Market Study $ 6,000

    Submission Fee ($45/unit, max $2,500) $ 2,500

    Enviromental Phase I ESA $ 2,400

    Environmental NEPA $ 1,800

    Total MSHDA Costs $ 12,700

    Total Required for April 1st Submission $ 220,195

    Submit with MSHDA Requirement Fulfilled Including Site Plan Approval

    Taylor Community

    Development Corporation 43

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    Phase 1Sources & Uses

    Sources of FundsLoan

    $ 4,400,288

    LIHTC Equity

    $ 10,778,084

    HOME Funds

    $ -

    Total Sources

    $ 15,178,372

    Uses of Funds

    Land $ 500,000

    Total Development Costs $ 13,357,600

    Construction Loan Cost $ 563,236

    Third-Party Fees (Appraisal,

    Environmental, Survey, Title, Attorney) $ 46,000

    Closing Expenses (Perm) $ 706,536LIHTC Fees (Application & Monitoring) $ 5,000

    Total Development Cost $ 15,178,372

    Taylor Community

    Development Corporation 44

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    Taylor Community

    Development Corporation

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    The Mission Begins Now

    Development Corporation