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Affordable Housing Task Force

Regular Meeting

Columbia, SC · January 12, 2021

AgendaPacketMinutes

Minutes

COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, JANUARY 12, 2021 CALL TO ORDER The meeting was called to order at 11:03 a.m. by Chair Tameika Isaac Devine. Attendee Name Present Absent Late Arrived Tameika Isaac Devine    John Andoh    11:36 AM Jeff Armstrong    Julie Ann Avin    Reggie Barner    Sue Berkowitz    Brenna Bernadin    Bryan Grady    Dylan Gunnels    Tonya Isaac    Jeff Larimore    11:59 AM Ivory Matthews    Jennifer Moore    Mary Louise Resch    Shayla Riley    11:10 AM Lila Anna Sauls    Gregory Sprouse    Allison Terracio    Regina Williams    11:31 AM Lester Young    Jim Zieche    Chris Zimmer    APPROVAL OF MINUTES 1. Approval of December 8, 2020 Meeting Minutes Upon a motion made by Lila Anna Sauls and seconded by Jim Zieche, the task force members voted unanimously to approve the December 8, 2020 Meeting Minutes. Page 1 of 5 COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, JANUARY 12, 2021 COMMITTEE DISCUSSION 2. Discussion of 2021 Goals A. Definition of Affordable Housing Councilwoman Devine, Chair said in order for us to provide robust recommendations to City Council, we must know where we are and where we want to go. I want us to focus on what affordable housing means to us in the Midlands. Based on that definition, we will set a goal for the number of affordable housing units we will recommend to City and County Councils over a specific period of time. We have a huge affordable housing deficit. HUD’s definition of affordable housing looks at 30% of your income. That doesn't capture the reality on the ground. What is affordability for housing here? Krista Hampton, City of Columbia Planning and Development Services Director said it comes down to having available housing at each level. We have a variety of sectors in our community that we need to address. Gloria Saeed, City of Columbia Community Development Director said the messaging doesn't need to focus on an income amount, but the people and what affordable housing is. Leigh DeForth, AICP, City of Columbia Comprehensive Planner said it is important to talk about the concept of cost burden and the concept of complete neighborhoods that have access to goods and services that make affordable housing a part of an affordable lifestyle. Ivory Matthews, Columbia Housing Authority added that it may be important to back into a definition by looking at the cost of what it means to rent and purchase a home that is affordable. Bryan Grady, PhD, SC State Housing Finance & Development Authority said affordable housing is what a household can afford. Step one is stabilizing those who are truly low income. There is a distinction between not being able to afford where you want to live and not being able to afford any housing, anywhere. Lila Anna Sauls, Homeless No More said we have to be cautious as we develop affordable housing so that it fits into existing neighborhoods. The messaging is mixed-use. We are not going to create pockets of poverty. Gloria Saeed, Community Development Director said the messaging should include evidence of where a diversity of quality housing has improved neighborhoods. Page 2 of 5 COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, JANUARY 12, 2021 Jennifer Moore, United Way of the Midlands said the Partnership and Public Education committees talked about not using some of the HUD language. I wrote down quality rental and homeownership opportunities for people at various income levels that build complete and thriving communities. It’s not just about housing, but also about economic opportunities. Brenna Bernadin, Fast Forward said we also discussed that affordable housing should be based on what a person or family can pay for while still having money left over for basic necessities like food, transportation, and health care. What we consider affordable depends on households not a set number and how we can translate that into a thriving community. Councilwoman Devine, Chair agreed to wordsmith and share Jennifer’s and Brenna’s information with the group in hopes of having a definition by the next meeting. Councilman Davis said it is about the total individual and the things they need to be a part of a community and to be perceived as being productive. It is important to know what the challenges are and then be willing to advocate for the people and the concept. Mary Louise Resch, Habitat for Humanity said in addition to infill builds within neighborhoods, we will work with homeowners who may not be able to afford to fix their homes. Julie Ann Avin, MIRCI said there are income concerns and accessibility issues for people with disabilities and the elderly. We need to be mindful of those needs in the construction and development phase. Councilwoman Devine, Chair agreed that the definition should include age, income, and ability. Lester Young, Just Leadership said affordable wages are hindering people from living in an affordable way. We have to consider the wage gap that is causing people to fall behind and how COVID has impacted this even more. Councilwoman Devine, Chair said as we advocate for our residents, it is important for us to understand and include what the living wage should be. Gregory Sprouse, Central Midlands Council of Governments said there is a lot of good data that quantifies transportation costs. Transportation costs can have a significant impact on what affordability means. Page 3 of 5 COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, JANUARY 12, 2021 Regina Williams, Booker T. Washington Heights Neighborhood said I would like us to consider aging in place housing and mobility freedom housing to keep people in the community. I shared information about a program in Atlanta that deals with code enforcement. Jeff Larimore, Midlands Housing Trust Fund said we are serving families in the service industry. We have to find effective messengers to go against the stigma of affordable housing. John Andoh, The COMET said we want to be mindful of how transportation costs can affect persons with low income as we continue to price the transit system and pursue grants to subsidize transit. Brenna Bernadin, Fast Forward added that it is hard to find a second apartment once you are evicted. We need to make sure we have affordable housing for people who have evictions. Councilwoman Devine, Chair asked the Legal and Zoning Committee to look at the laws around evictions. Councilman Davis said the NAACP is putting together a navigator program for people who are facing eviction. This will be an opportunity for this group to help in that venture. B. Affordable Housing Unit Goal Bryan Grady, PhD, SC State Housing Finance & Development Authority said Councilwoman Devine asked me to put together a potential estimate of the scale of affordable housing that would need to be produced to make a substantial amount of progress in terms of addressing the City’s and County’s affordable housing needs. The Comprehensive Housing Affordability Strategy dataset sorts people’s housing conditions by Area Median Income. Many sources of state and federal financing are attached to these AMI levels. There’s a real need to focus on the extremely low income population. For a single adult earning 30% of the AMI to get to the 30% threshold, that person has to be only paying $383 a month in rent and utilities. The tier one rental housing need includes those who are living in substandard housing and those whose economic situation is untenable. The tier two need includes people who are severely cost burdened with very low income and moderately cost burdened with extremely low income. The total housing need across the two tiers is 16,000 rental units in Richland County with 7,500 of those being in the City of Columbia. There needs to be a series of rent and income restrictions that ensure that this housing directly serves the identified populations. Page 4 of 5 COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, JANUARY 12, 2021 Discussion of the committee included affordable housing bonds, inclusionary housing statutes, cost of construction, short-term and long-term goals, actual units built annually, for-profit developers, a local trust fund, low wealth households, and development of dilapidated infill lots. The recommended goal is 10,000 units over 10 years. In preparation for the next meeting:  Krista Hampton was asked to pull 2018, 2019, and 2020 building permits.  Councilwoman Devine will pull the American Community Survey.  Assistant City Manager Gentry was asked to identify the number of vacant lots in the City of Columbia.  The task force members will continue to discuss the definition of affordable housing and the affordable housing unit goals at the next meeting. ANNOUNCEMENTS Councilwoman Devine, Chair announced that Session 3 of the Color of Law discussion is next Thursday, January 21, 2021 with the author Richard Rothstein. NEXT MEETING DATE February 9, 2021 at 11:00 a.m. ADJOURNMENT The meeting was adjourned at 12:32 p.m. Respectfully submitted by: Erika D. Moore Hammond, CMC City Clerk Page 5 of 5

Agenda

COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING AGENDA TUESDAY, JANUARY 12, 2021 The Columbia Affordable Housing Task Force will conduct a meeting on Tuesday, January 12, 2021 at 11:00 a.m. using Video Conferencing Technology. The meeting can be viewed online at www.columbiasc.gov. CALL TO ORDER APPROVAL OF MINUTES 1. Approval of December 8, 2020 Meeting Minutes COMMITTEE DISCUSSION 2. Discussion of 2021 Goals A. Affordable Housing Unit Goal B. Definition of Affordable Housing ANNOUNCEMENTS NEXT MEETING DATE ADJOURNMENT Page 1 of 1

Packet

COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING AGENDA TUESDAY, JANUARY 12, 2021 The Columbia Affordable Housing Task Force will conduct a meeting on Tuesday, January 12, 2021 at 11:00 a.m. using Video Conferencing Technology. The meeting can be viewed online at www.columbiasc.gov. CALL TO ORDER APPROVAL OF MINUTES 1. Approval of December 8, 2020 Meeting Minutes COMMITTEE DISCUSSION 2. Discussion of 2021 Goals A. Affordable Housing Unit Goal B. Definition of Affordable Housing ANNOUNCEMENTS NEXT MEETING DATE ADJOURNMENT Page 1 of 1 1.a COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, DECEMBER 8, 2020 CALL TO ORDER The meeting was called to order at 11:00 p.m. by Chairwoman Tameika Isaac Devine. Attendee Name Present Absent Late Arrived Attachment: AHTF_MN_12082020 (6450 : Approval of Minutes) Tameika Isaac Devine    John Andoh    Jeff Armstrong    Julie Ann Avin    Reggie Barner    Sue Berkowitz    Brenna Bernadin    Bryan Grady    Dylan Gunnels    Tonya Isaac    Jeff Larimore    Ivory Matthews    Jennifer Moore    Mary Louise Resch    Shayla Riley    Lila Anna Sauls    Gregory Sprouse    Allison Terracio    Regina Williams    Lester Young    Jim Zieche    Chris Zimmer    APPROVAL OF MINUTES 1. Approval of October 13, 2020 Meeting Minutes Upon a motion made by Lila Anna Sauls and seconded by Bryan Grady, Council voted unanimously to approve the October 13, 2020 meeting minutes. Affordable Housing Task Force December 8, 2020 Meeting Minutes - Page 1 of 5 Packet Pg. 2 1.a COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, DECEMBER 8, 2020 COMMITTEE DISCUSSION 2. Real Estate Liquidity for Affordable Housing - Ms. Lauren Taylor, CEO of The Haven Group Attachment: AHTF_MN_12082020 (6450 : Approval of Minutes) Lauren Taylor, CEO of The Haven Group provided an overview of real estate liquidity for affordable housing model. There is a lack of liquidity in the real estate market place. We will purchase, renovate, and lease single family and two to four-unit housing to offer as rentals to the under-served affordable housing market through our iBuyer platform, MLS, and auctions. In the past two years, we have done almost 2,000 homes. Housing affordability isn’t showing any signs of improvement and the National Low Income Housing Coalition estimates a shortage of seven million homes. Home values are growing four times as fast as wages and rent rates are growing twice as fast as wage growth. Institutional investors account for 30% of purchases and they are incentivized to increase property values and rents due to the debt they have on assets. The traditional mom and pop localized investors are dying out. There is a big shortage across all government incentive programs. More institutional or large scale investors are consistently deciding not to entertain vouchers for the properties they manage. Our non-profit will own all of the homes. The for-profit will run the operation of those properties and create liquidity back to the non-profit. We are using the negative attributes that are causing inflation to solve the problem in a positive way. We can harness the power of the private market in order to further the overall mission. We will start in Columbia first, get a lot of assets under management, and then we will strategically move across the southeast. We are opening up a wide range of inventory in areas that need improvement. We will focus on green renovations and financial coaching. Councilor Devine asked how many units The Haven Group owns in the Columbia area and how many units do they want to add to the market in the next few years. Lauren Taylor, CEO of The Haven Group said the non-profit is approved in South Carolina and our goal for the first year is 500 units. Tonya Isaac asked if the company does rent to own? Lauren Taylor, CEO of The Haven Group said the traditional rent to own model is not to the benefit of the individual. We want to allow people to rent in our program until they have the ability to buy. They can buy the asset they live in from the non-profit at the cost of what we have in the property. Councilor Davis said there’s interest in renting quality units and I look forward to learning more about the model. Affordable Housing Task Force December 8, 2020 Meeting Minutes - Page 2 of 5 Packet Pg. 3 1.a COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, DECEMBER 8, 2020 Jeff Larimore asked what metric do you concentrate on to purchase in bulk. Lauren Taylor, CEO of The Haven Group said we did one off purchases. When you have purchasing power, you can get properties. We have an acquisition division and a renovation division. At full scale we employed over 1,000 people in South Carolina. Attachment: AHTF_MN_12082020 (6450 : Approval of Minutes) Bryan Grady, PhD said thank you for being willing to accept Housing Choice vouchers. Why do you think your model is superior to a community land trust or other shared equity approach? Lauren Taylor, CEO of The Haven Group said a community land trust doesn’t give you enough power. We want to provide affordable units across the board based on average incomes. Ivory Matthews said the Housing Authority released a solicitation for property management services particularly for our units under the non-profit arm. We recently awarded a contract to The Haven Group to oversee 400 of our units in Bayberry Mews, Capital Heights, which is a single family affordable rental model, Celia Saxon I and II, T.S. Martin, Bentley Courts, and Rosewood Student Housing. We are excited about engaging with that relationship. We have an aggressive plan to bring those properties up to a new standard. Tonya Isaac asked if financial coaching will be passed along to people in housing. Ivory Matthews said the Housing Authority has a certified housing counselor who works with our families. We will engage in more of those conversations with our new property management team to get that information to all of our families. Dylan Gunnels asked what are you looking for from the community and what can the task force members do. Lauren Taylor, CEO of The Haven Group said we are looking to make connections. We would love to collaborate with other non-profits and garner overall community support. Mary Louise Resch introduced herself as the Director of Philanthropy for Central Carolina Habitat for Humanity. We also focus on affordable home ownership and neighborhood revitalization. We are embracing the one block at a time community model. Today, we dedicated another house in the City of Cayce for a young mother and her family. We represent Richland, Lexington, and Fairfield Counties. We will be building and rehabbing homes in the City of Columbia next fall. Affordable Housing Task Force December 8, 2020 Meeting Minutes - Page 3 of 5 Packet Pg. 4 1.a COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, DECEMBER 8, 2020 3. Report from the Public Education & Awareness Committee - Ms. Brenna Bernadin, Chair Jennifer Moore reported that the Partnership and Public Education & Awareness Committees held a joint meeting. There’s the need to have messaging for this entire group, to make sure we are Attachment: AHTF_MN_12082020 (6450 : Approval of Minutes) using consistent definitions for affordable housing, sharing common messaging when talking about the benefits and who can benefit from affordable housing; and the need we have for affordable housing versus the stock that’s available. It is important to condense all of this into bullet points. We would like to request help from the City's Public and Media Relations Department with crafting that messaging. We would also like assistance from interested committee members. Councilor Devine said it is key for us to have a consistent definition of affordable housing and that we are concise with our messaging. 4. Additional Committee Reports - No additional reports were made at this time. ANNOUNCEMENTS Tonya Isaac requested information to share with residents on employment, financial coaching, and other opportunities. Councilor Devine asked Ms. Saeed to draft a document that can be shared broadly. Ivory Matthews announced the release of a solicitation for development partners. The Housing Authority is looking at comprehensive renovations to every residence they own and the development of new affordable units on vacant properties. Jim Zieche reported that the Charleston referendum failed by a slight margin. More Justice continues to work with the powers in Columbia to put our trust fund on a referendum in the future. Jeff Armstrong said Family Promise is working to build partnerships for various renters and welcome homes for families. We are focusing on child and youth development. Clayton Homes donated a house to us and we will bolster that relationship in the future. Shayla Riley said the last three houses for D. H. Swinton Pointe on Read Street closed this week. The eight families are from different walks of life and this is a great representation of what affordable housing is. Affordable Housing Task Force December 8, 2020 Meeting Minutes - Page 4 of 5 Packet Pg. 5 1.a COLUMBIA AFFORDABLE HOUSING TASK FORCE MEETING MINUTES TUESDAY, DECEMBER 8, 2020 Bryan Grady, PhD said SC Housing is focusing on evictions. The CDC moratorium is set to expire at the end of the month. There are tens of thousands of renters facing evictions unless action is taken. SC Housing is working with partners to come up with more resources for a renter and homeowner assistance fund. Attachment: AHTF_MN_12082020 (6450 : Approval of Minutes) Dylan Gunnels said Mutual Aid of the Midlands is seeing an uptick in calls for utility and rent assistance. We created a resource roadmap and we want to share it with the community. Missy Gentry, Assistant City Manager said we will pull definitions out of our consolidated plan and comprehensive plan so that we will have a draft to start with. Councilor Devine said the first session for The Color of Law is Thursday at 6:00 p.m. We have 300 folks registered to participate and we have a great panel that will be moderated by Warren Bolton. In addition to discussing a definition for affordable housing at our next meeting, I want us to come up with a goal that we can recommend to City Council for adding affordable housing units to our market over the next five or ten years. Councilor Davis said it is important to give policymakers goals for the future. It is important to know that we will take your recommendation seriously. NEXT MEETING DATE Tuesday, January 12, 2020 at 11:00 a.m. ADJOURNMENT The meeting was closed at 12:19 p.m. Respectfully submitted by: Erika D. Moore Hammond, CMC City Clerk Affordable Housing Task Force December 8, 2020 Meeting Minutes - Page 5 of 5 Packet Pg. 6