Housing Stability Council

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TYPES OF FINANCING NEEDED • Pre-development loans • Permanent loans with and without tax credit subsidies • First and second position financing • Covers infrastructure improvements • State, city or county subsidy • Park income for ongoing operations (may require a rent increase). Page 64
PRESERVATION STATISTICS Horizon Homeowners Coop Green Pastures Senior Coop Saunders Creek Homeowners Coop Vida Lea Community Coop Clackamas River Village Coop Location McMinnville, OR Redmond, OR Gold Beach, OR Leaburg, OR Clackamas, OR Purchase Price $1,200,000 $1,400,000 $900,000 $1,275,000 $5,000,000 Capital Improvements $550,000 $50,000 $380,000 $350,000 $117,000 Community Type Non-rural, Family, Ag worker Non-rural, Senior Rural, Family (predominately Senior) Rural, Senior Non-rural, Family Number of Spaces 30 51 43 33 76 Lenders CASA-$750k Shorebank-$621k OHCS - $600k 7-year Refinance: NOAH - $1.1mm CASA - $100k NOAH-$1.05mm CASA-$463k OHCS-$100k Annual Incomes 81% under 40% AMI 83% under 60% AMI CASA-$500k RCAC-$265k OHCS-$600k NOAH-$530k CASA-$435k OHCS-$600k ROC Capital-$5.4mm 80% under 80% AMI 98% under 80% AMI 66% under 80% AMI Preservation price per space $65,700 $31,627 $31,744 $47,424 $71,053 Page 65
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Housing Stability Council MEETING M
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October 7, 2016 Oregon Housing Stab
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Page 16 and 17: October 7, 2016 Oregon Housing Stab
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Page 30 and 31: December 16, 2016 2017 Mental Healt
Page 32 and 33: December 16, 2016 2017 Mental Healt
Page 34 and 35: MANUFACTURED HOUSING THE OREGON LAN
Page 36 and 37: MANUFACTURED HOUSING PARKS AROUND T
Page 38 and 39: MANUFACTURED HOUSING OHCS RESPONSE
Page 40 and 41: MANUFACTURED HOUSING OHCS MANUFACTU
Page 42 and 43: MANUFACTURED HOUSING HOME OWNERSHIP
Page 44 and 45: MANUFACTURED HOUSING COST OF HOME O
Page 46 and 47: MANUFACTURED HOUSING OREGON INDIVID
Page 48 and 49: MANUFACTURED HOUSING OHCS LOW INCOM
Page 50 and 51: MANUFACTURED HOUSING FEDERAL PROGRA
Page 52 and 53: ST.VINCENT DE PAUL OF LANE COUNTY,
Page 54 and 55: Who lives in the park? •25% famil
Page 56 and 57: Community Caring Days Before After
Page 58 and 59: SVDP RESOURCES • On site computer
Page 60 and 61: Promoting affordable home ownership
Page 62 and 63: HOMES PRESERVED CASA of Oregon has
Page 64 and 65: BENEFITS TO HOMEOWNERS • Long-ter
Page 68 and 69: PRESERVATION STATISTICS West-Side P
Page 70 and 71: CONTACTS Chelsea Catto MHCD Program
Page 72 and 73: ~50% PREDATE 1976 CODE Page 70
Page 74 and 75: REHAB IS HARD (IN PARKS) •Lack of
Page 76 and 77: NEIGHBORWORKS UMPQUA Arthur Chaput
Page 78: QUESTIONS? Page 76
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Housing Stability Council

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