2005 Consolidated Annual Performance & Evaluation Report

COMMUNITY & ECONOMIC DEVELOPMENT OFFICE


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Housing	Business	Community	Waterfront

2005 CAPER

Executive Summary

Introduction

What's in the CAPER

Public Participation

Summary of
Accomplishments

Administration

Planning

Monitoring

HOME Unit
Inspections

        Institutional
        Structure and
        Cooperation

Pursuing Additional
Resources

Anti-Poverty
Strategy

Summary of
Annual Objectives

Affordable Housing

Outcome Indicators

Output Measures

Overview

City Housing
Ordinances

Fair Housing

Continuum of Care

Lead Paint

Public Housing

Goals, Strategies &
Funded Activities

Priority 1: Produce
Affordable Housing

       Priority 2: Promote
       Homeownership and
       Household Mobility

       Priority 3: Preserve
       and Upgrade the
       Existing Housing
       Stock

Priority 4: Protect
the Vulnerable

       Priority 5: Press
       Regional Solutions
       to Housing Issues

Economic Development

Outcome Indicators

Outputs

Overview

Technical Assistance

Tax Incentives

Refugee and DBE
Businesses

Major Development
Projects

Goals, Strategies &
Funded Activities

Priority 1: A Strong
and Vital Downtown

Priority 2:
Waterfront

       Priority 3: North
       Street and Other
       Neighborhood
       Activity Centers

       Priority 4: South End
       Arts & Business
       District (Enterprise
       Zone)

Priority 5: Intervale

       Priority 6: Growth
       and Development of
       Locally-Owned
       Businesses

       Priority 7:
       Brownfield
       Redevelopment

       Priority 8: Equal
       Opportunity /
       Livable Wage /
       Child Care

Priority 9:
Transportation

Priority 10:
Targeted Industries

       Priority 11:
       Cooperative
       Relationships

Social Services

Outcome Indicators

Output Measures

Overview

Homelessness and
Housing Retention

Food Security

Seniors and People
with Disabilities

Early
Childhood/Childcare

Health and Public
Safety

       Youth After School &
       Summer
       Recreational
       Programming

Goals, Strategies &
Funded Activities

Priority 1: Basic
Services

Priority 2: Families
and Youth

       Priority 3: Seniors
       and People with
       Disabilities

       Priority 4: Equal
       Access / Civil and
       Human Rights

       Priority 5: Health,
       Prevention, Public
       Safety and Quality
       of Life

Neighborhood
Development

Outcome Indicators

Output Measures

Overview

Goals, Strategies &
Funded Activities

       Priority 1:
       Neighborhood
       Infrastructure and
       Public Facilities

       Priority 2:
       Environmental
       Quality

Priority 3:
Waterfront

CDBG Main Page

2005 Consolidated Annual Performance & Evaluation Report
Affordable Housing Goals, Strategies and Funded Activities

Priority 2: Promote Homeownership and Household Mobility

Goal: The rate of homeownership within low and moderate income neighborhoods is increased by 15%.

Five-Year Focus:

Implement the Burlington HomeOwnership Program, making $10 million in affordable mortgage financing through Fannie Mae.
Seek voter approval for increasing the Housing Trust Fund tax rate by one cent or by developing a new, alternate funding source for the purpose of supporting homeownership in areas of the city with low rates of homeownership.
Amend the City's Condominium Conversion ordinance to exempt the conversion of all rental buildings containing six or fewer apartments and explore increasing the exemption further.
Amend the City's zoning ordinance to allow accessory apartments (not exceeding 25% of total square feet of a building) under the condition that the owner (person whose name is on the deed) lives in the home.
Continue to provide grants to the Burlington Community Land Trust to support the operations of the HomeOwnership Center.
Explore ways in which the City can directly support the growth of the Burlington Housing Authority's homeownership option program.
Create an Employer Assisted Housing benefit to encourage City employees to buy homes in neighborhoods with low rates of homeownership.
Encourage the State to maintain Vermont Housing and Conservation Board (VHCB) funding for the HomeOwnership Centers and the Homeland Program.
Encourage Congress to establish tax credits and other incentives to encourage the production of owner-occupied housing affordable to low and moderate-income households and increase funding for homeownership counseling.
Encourage banks, credit unions and mortgage companies to offer innovative in-house mortgage products that expand homeownership.

Annual Action Plan

The City expended Community Development Block Grant (CDBG) and HOME funds on the following projects and programs in program years 2003-05 to further the priority of promoting homeownership and household mobility:

Project Title	Relation to Consolidated Plan	Program Year	CDBG Funds Expended	HOME Funds Expended	Other Funds Leveraged	Projected Accomplishments	Actual Accomplishments
Burlington Community Land Trust	Organizational support for program delivery costs and for project costs of nonprofit housing developers	2003	$5,901	$0	$1,443,609	5 new homeowners assisted through the Homeownership Center	Assisted 11 low/mod Burlington homebuyers
		2004	$80,991	$0	$2,128,600	22 new homeowners assisted through the Homeownership Center	Assisted 33 new Burlington homeowners
						Begin construction on mixed-use redevelopment of the Howard Bank property to include 6 affordable condominiums	Demolition has begun, now a “turn-key” project, with Redstone developing for BCLT
						Prepare for administering and marketing 25 new inclusionary owner-occupied units	In process
		2005	$26,078	$84,000	$162,488	35 new Burlington homeowners assisted through the Homeownership Center
						Complete construction, marketing and sale of a new single-family home on Crowley St.	Construction underway
						Administer and market 25 new inclusionary owner-occupied units	Projects in predevelopment or under construction
						Convert 10 rentals to condos and build 2 condos on adjacent lot on Blodgett St.	Predevelopment underway

Burlington Housing Initiatives Program	Sliding scale loans for emergency home repairs, grants for residential accessibility modifications, free paint, special projects grants for homeless shelters, down payment assistance, lead paint abatement, technical and funding support for housing production and rehabilitation	2003	$10,000	$0	$485,731	Provide down payment assistance / technical assistance to 50 home / duplex buyers	Assisted 23 prospective low-mod buyers with information and referrals
		2004	$0	$59,000	$856,667	Down payment and technical assistance for 50 home/duplex buyers	Assisted 22 prospective buyers with information and referrals
							Assisted 4 homebuyers with loans
						Pursue policy-related implementation strategies for this priority	Exploring changes to the condominium conversion ordinance to allow properties with 6 or less units to convert to homeownership
		2005	$121,574	$580,681	$924,960	Down payment and technical assistance for 25 home/duplex buyers	Assisted 22 prospective buyers with information and referrals
		2005	$121,574	$580,681	$924,960	Pursue policy-related implementation strategies for this priority	Condo conversion amendment proposed for properties of 15 or less units

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Page last updated July 25, 2007

Burlington City Hall, 149 Church Street, Burlington, Vermont 05401

2007 City of Burlington, Vermont