USC Housing - Housing Types

HOUSING TYPES

Do you live in a Rent Stabalized Unit? Place a sticker under your answer

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No

I Dont Know*

*If you donâ&#x20AC;&#x2122;t know, you can find out at http://zimas.lacity.org/.

MARKET RATE HOUSING

AFFORDABLE HOUSING

This type of housing refers to properties that have no rent restrictions and allows the landlord and/or property owner the freedom to rent the unit at whatever price the local market is willing to pay.

Affordable housing refers to properties that were originally built using public taxes (usually in form of a discount or subsidy on taxes) and are now required to provide below-market rents for low-income people, persons with disabilities, and/or seniors. Examples include: LowIncome Housing, Transitional Youth Housing, Senior Housing, etc.

What type of housing is most needed in the community? Place a STICKER on the line next to your TOP TWO choices

Housing for Low-Income Residents Housing for Seniors Permanent Supportive Housing Housing for Students Housing for Extremely-Low Income Residents Housing with Commercial Services Housing for Residents of Many Income Levels

Which level of affordable housing do you think is needed most in your community? Place a STICKER on the line next to your answer *The median income in this community is $23,810. AMI means Area Median Income.

Low income (80% AMI* - $69,450 limit for family of 4) Very low (50% AMI* - $43,400 limit for family of 4) Extremely low (30% AMI* - $26,050 limit for family of 4)

Rent Stabilization Ordinance (RSO)

Systematic Code Enforcement Program (SCEP)

The RSO is a city ordinance that covers allowable rent increases, legal reasons for evictions, a system for tracking rental units, and types of evictions requiring payment of tenant relocation assistance. Rental units protected by the RSO are located on properties with at least two units, and built on or before October 1st, 1978. Currently, there are 19,761 units protected by RSO within the USC Study Area.

The SCEP is a HCIDLA administered program that requires rental properties with two or more units to be inspected by the city on a periodic and regular basis. Inspections are done to ensure that units are meeting building and housing requirements. A tenant does not need to wait for these inspections and cannot be evicted for filing a complaint. HCIDLA also conducts complaint-based inspections at properties for a which a complaint has been filed.

Tenant-Based VOUCHERS

PUBLIC HOUSING

permanent supportive housing

SENIOR HOUSING

This housing program provides a voucher to income qualified renters to live in units that accept a housing voucher. The voucher provides the difference in rent to a landlord that the renter is not able to pay. Renters pay at least 30% of their income towards rent and utilities. This program requires participation of landlords to accept vouchers. Example: Section 8 Housing Choice Voucher Subsidy Program

This type of housing provides a rental unit to qualified low income renters to live in a housing unit at the property that is owned by local housing authority. Renters are required to pay at least 30% of their income towards rent and utilities. This housing authority collects rents and pays for the maintenance of the building.

This type of housing supports residents with disabilities, mental health, or addiction issues,, including those who are formerly homeless, disabled, or veterans. These housing units will provide social services to support residents.

This type of housing is built for low-income seniors, generally to tenant households with one resident who is at least 55 years of age. The housing complex will also feature supportive services for senior residents, such as exercise and educational programs.

All levels of housing are needed!

SHARE YOUR IDEAS!

Identify your TOP THREE housing strategies for your community

Legal Aid

?

Workshops

?

Existing Tenant to Remain

?

SOLD

Resident

Community Specialist

Landlord

Tenant

Existing Tenant to Remain

SOLD

to community

Renter

Homeowner

Information

1. Knowing where to get help

2. HELP WITH A DIFFICULT RENTER or LANDLORD

3. BUY EXISTING HOUSING COMPLEXES

4. FIX UP HOUSING UNITS THAT REQUIRE REPAIR

5. BUY PROPERTY THAT IS OWNED BY THE COMMUNITY

6. BUILD NEW HOUSING NEAR TRANSIT

7. HELP Renters BECOME HOMEOWNERS

8. HELP HOMEOWNERS STAY IN THEIR HOME

Pro: Community outreach can connect with residents who may not otherwise know about government services.

Pro: Housing specialists can provide free and direct support to renters & landlords, especially since they understand existing rules and local resources.

Pro: Housing preservation is a good way to leverage the $10 million, given the high costs of new construction.

Pro: Providing support for property owners to fix up their units can prevent them from falling into disrepair and being purchased and converted to more expensive housing.

Pro: Funds to help purchase property is hard to come by. This strategy helps community organizations compete with private developers in buying land.

Pro: There are existing resources to support housing near transit, but not enough - so additional funds to support such projects will make TOD easier.

Pro: Subsidized homeownership allows longtime, working class residents to own a home in a community with expensive housing.

Pro: Helping existing homeowners stay in their home contributes to neighborhood stability.

Con: Community outreach may not always be able to assist residents facing legal evictions.

Con: Housing specialists need to spend a lot of time on each case, so each one has a maximum capacity at any given time.

Con: If an apartment building needs to be fixedup, existing renters may have to be temporarily relocated and some may be permanently displaced because of overcrowding.

Con: Maintaining safe and healthy living conditions requires continual investment in repairs, so funds provided to a property owner may need to be replenished by other public subsidies.

Con: Land is increasingly more expensive in this community, so the purchase of any land may require other funding sources.

Con: It takes many years to develop and finance a TOD project because different sources of funds are needed, and funding sources are highly competitive.

Con: The creation of housing units with subsidies takes many years to complete.

Con: A homeowner retention program requires both extensive staff hours and loan funds.

Is this one of your top 3 strategies?

Place a STAR to vote