T.F. Green Airport Improvement Program - FEIS Chapters - PVD

T.F. Green Airport Improvement ProgramEnvironmental Impact Statement and Final Section 4(f) Evaluationthe No-Action Alternative and Alternative B2 and 96 percent for Alternative B4, it is assumed that all of theCompleted Part 150 VLAP units were affordable housing units per the state law definition. The Alternative B2acquisitions equate to 0.9 percent of the 2004 housing stock in Kent County, and 1.7 percent of the 2004affordable housing stock in the City of Warwick. This cumulative loss of housing stock could potentially havean indirect adverse impact on housing affordability by raising rents and home prices within the County.Cumulatively, since the initiation of RIAC’s Part 150 VLAP, a total of 555 residential units would be acquired by2025 as part of Alternative B4. This includes 280 units acquired under the Completed Part 150 VLAP, up to135 units for the Current Part 150 VLAP as part of the No-Action Alternative, and all residential units acquiredunder Alternative B4 (140 units). These acquisitions equate to 0.8 percent of the 2004 affordable housing stock inKent County, and 1.4 percent of the 2004 housing stock in Warwick. This cumulative loss of housing stock intheory could have an indirect adverse impact on housing affordability by raising rents and home prices withinthe County.5.5.6.4 Comparison of the No-Action Alternative and Alternatives B2 and B4While no subsidized low- and moderate-income housing units would be impacted by Alternatives B2 and B4,the residential acquisitions would reduce the affordable housing stock in the City. Table 5-69 summarizes andcompares the impacts to affordable housing units for Alternatives B2 and B4.Table 5-69 Summary of Impacts to Affordable and Subsidized Low- and Moderate-Income Housing 1No-ActionType of Housing Units Alternative Alternative B2 Alternative B4Subsidized Low- and Moderate-Income Housing units 0 0 0Affordable Single-family units, including units potentially acquired108 131 131under a Future Build VLAPAffordable Multi-Family units, including units potentially acquired26 104 4under a Future Build VLAPTotal 134 235 135Note: No affordable or subsidized housing units would be required to be acquired for construction.1 Assumes 100 percent participation in a Future Build VLAP for noise mitigation and land acquisition program for clearing of the RPZs for Runway 5-23. RPZ clearingis a FAA-recommendation, and is not a required action. Therefore, RPZ-related property acquisition would be subject to funding availability.Under the No-Action Alternative, up to 108 affordable single-family units and 26 affordable multi-family unitswould be acquired under the Current Part 150 VLAP. Alternatives B2 and B4 would require the acquisition ofaffordable housing units for both construction and under a Future Build VLAP beginning in 2020.Alternative B2 would acquire up to 235 affordable units, including 104 multi-family units. Alternative B4 wouldacquire up to 135 affordable units, including four multi-family units.Chapter 5 - Environmental Consequences 5-117 July 2011\\mawatr\ev\09228.00\reports\FEIS_Final_July_2011\PVD_CH05_Environmental_Cons_JUL_2011.doc