Linking Housing to Economic Development - PowerPoint PPT Presentation

1 / 12
About This Presentation
Title:

Linking Housing to Economic Development

Description:

What RD provides to our Rural Communities ... in our communities. Increases our ... Best Practices - Take (borrow) all good ideas from other communities! ... – PowerPoint PPT presentation

Number of Views:12
Avg rating:3.0/5.0
Slides: 13
Provided by: tedfe4
Category:

less

Transcript and Presenter's Notes

Title: Linking Housing to Economic Development


1
Linking Housing to Economic Development
  • Don Harris, Housing Program Director
  • USDA Rural Development

2
Key Points
  • The Rural Perspective
  • The financial impact of RD Housing Programs in TN
  • What RD provides to our Rural Communities
  • Issues to consider in bridging affordable housing
    and economic development in our Rural Communities

3
Rural Development Programs
  • Business and Cooperative Programs
  • (loans, grants and guarantees to
  • business and industry in rural
  • communities)

4
Rural Development Programs continued
  • Community Programs Loans and Grants
  • (utilities, community facilities, water
  • and waste disposal systems, fire and
  • rescue, technical assistance and
  • distance learning/telemedicine)

5
Rural Housing Programs
  • Direct Loan Program subsidized loan
  • Guaranteed Loan Program (Single and Multi-Family)
  • Home Repair Loans and Grants
  • Self-Help Single Family Housing Program
  • Rural Rental Housing Program 16,000 units
  • Housing Preservation Grants
  • Farm Labor Housing

6
Economic Impact of RD Housing Programs
  • Construction of new homes and rehabilitation of
    existing housing, including rental generate jobs
    and income in the community and product
    additional tax revenue.
  • For FY 2008 RD Housing Programs contributed
    approximately 265 million to Tennessees economy
  • An estimated total of 4450 families were directly
    impacted by our housing funding

7
How does this Break Down?
  • Direct Loan Program 31 million
  • Guaranteed SFH 220 million
  • Guaranteed MFH 4.3 million
  • Home Repair L/G 1.8 million
  • HPG 290 Thousand
  • Rental Assistance 8.5 million
  • Rental Housing 1 million

8
  • Leveraging Key to our Success
  • Extends the impact of our programs
  • Builds partnerships in our communities
  • Increases our marketing outreach
  • Significant aid to our low income families
  • Key to both RD and our rural communities success

9
  • Key Questions for our Rural Community Leaders
  • 1. What is the status of your housing stock?
  • A. Affordability
  • B. New Development
  • C. Rehabilitation Programming
  • D. Rental
  • Where does our workforce live?
  • What progress is being made on our TN 3-Star
    Program Housing Committee?
  • How can we bring our business and community
    leaders together to focus on affordable housing?
  • How can we better involve non-profit housing
    providers in our planning and economic
    development?
  • What tools do we need in our local toolbox?

10
Think Outside the Box ? !
  • Business Recruitment -- make affordable housing
    a part of the plan!
  • Community Facilities -- Upgrade / Develop and
    consider USDA Rural Development to meet this need
  • Downtown Development - How can we turn vacant
    space into housing opportunities and downtown
    revitalization?
  • Self-Help / Habitat Programs -- What about your
    community?

11
TOTB continued
  • Best Practices - Take (borrow) all good ideas
    from other communities!
  • Where does our Public Housing Authority fit in?
  • Network the key stakeholders!

12
Rural Development Mission
  • To increase economic opportunity and
  • improve the quality of life for all rural
  • americans.
  • RD Website www.rurdev.usda.gov/tn
Write a Comment
User Comments (0)
About PowerShow.com