Affordable Housing DevelopmentHousing Rehabilitation

National Rural Housing Conference 2012

Types of Rehabilitation

Owner OccupiedContractorSelf-Help

Acquisition RehabSawyer Street Project

Before Rehab…

After Rehab…

Case Studies

Self-Help Home Improvement Project (SHHIP)

Campesinos Sin Fronteras

Northern Rocky Mountain RC & D

Homes First!

SHHIP

Location- Redding , California

TA Costs - $8,250

Equivalent Unit Calculation

Paid on draw system determined with RD based on progress

TA per unit is averaged over total # of units

Some jobs will be $7,500 jobs and others $40K jobs

Construction Funding – Need based

Leveraging multi-funding sources including Pacific Gas & Electric, Weatherization program, CDBG, RD-HPG 533, Dept of Energy, LIHEAP, RD 504 Loans & Grants

Sweat Equity

65% of the labor done by families

Comparable Cost Savings

Computer software, “National Home Improvement Estimator” uses union carpenter wages to determine comparable contractor costs

Campesinos Sin Fronteras

Location- Somerton, Arizona

TA Costs $6,818.18 per unit

Equivalent Unit Calculation Negotiated price with RD, less than new construction per unit

cost

Construction Funding CDBG, HOME, RD 306c loans and grants (Colonias areas), 504

loans and grants (mostly grants), & RD 533 Housing Preservation Grant (HPG) funds.

Sweat Equity Focused on the COST savings not the labor %

Comparable cost savings Contractor quote or rehab specialist estimate

Compare to contractor’s bids excluding family labor

Campesinos rehab BEFORE

Campesinos rehab AFTER

Northern Rocky Mountain RC&D Location- Bozeman, Montana

TA Costs - $5,246.10 Paid as .10 Loan Application, .30 Home Audit, .10 Loan Closing & .50

Job Completion

Equivalent Unit Calculation Based on other Rehab program model using average costs

Construction Funding RD 533 Housing Preservation Grant, HOME funds, RD 504 Grants

(minimal 504 loans)

Sweat Equity Family contribution & volunteer time calculated at $10 per hour/

Professional fee $50 per hour

Comparable cost savings Actual contractor bids and Rehab specialist estimates

Northern Rocky Mountain RC&D BEFORE

Northern Rocky Mountain RC&DAFTER

BEFORE…

AFTER…

Homes First!

Community Housing Development Organization (CHDO)

26 Structures and 46 Units

Sawyer Street Partnership with Kokua

HUD home

Funding

Pro Forma

Volunteers

Before

After

For more information

Contact:

Billie Heath

Rural Community Assistance Corporation

bheath@rcac.org

(360) 493-2260 or (360) 970-4093