1 / 28

Consolidated Annual Performance Evaluation Report (CAPER) - February 19, 2014

This report provides an update on how HUD funds were spent and the progress made. It includes information on funds available, committed, and expended, as well as the geographic distribution of expenditures. It also addresses housing issues in Albuquerque, such as cost burden and low-income households, and outlines strategies for neighborhood revitalization and affordable housing.

briankennedy
Download Presentation

Consolidated Annual Performance Evaluation Report (CAPER) - February 19, 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Welcome Consolidated Annual Performance Evaluation Report(CAPER) February 19,2014

  2. Purpose of the CAPER • Annually update HUD on how HUD funds were spent and what progress was made. • CAPER Process must allow for Community Participation • City must provide the Community with the following information for each Formula Grant (CDBG, HOME, ESG): Total Amount of Funds available Total Amount of Funds Committed Total Amount of Funds Expended Geographic Distribution of Expenditures Community has 30 day Public Comment Period Glamour Shots 2013

  3. 2013 HUD Funds

  4. FY2013 Income Limits (MFI=$62,900.00)

  5. Housing By far the most common housing problem faced by ABQ households is being cost-burdened (estimated 54,000). True for Renter and Homeowner households. Roughly 60% Homeowner, 40% renter Low income Households situation reverses: 64% of renter households are low income (51,840), 28.1% of homeowners are low income (36,764). Extremely low income <30%AMI : 6, 789 Homeowners, 18,290 renters (72% of all extremely low income households) In Albuquerque: Lower income households (extremely low income) tend to be renters, affordable rental housing tends to be concentrated in specific neighborhoods, neighborhoods with a high density of renter properties tend to have higher poverty rates.

  6. Neighborhood Revitalization Because of recent reductions in funding , an increased need to support vulnerable cost burdened populations, a need to get the “most bang for the buck”, and increased awareness nationwide that “place matters”, chose to focus on a Neighborhood Revitalization Strategy. Affordable Housing Strategy: Mixed Income, Increase affordable housing choice (multi-family) and where possible increase and/or sustain homeownership opportunities Increase economic development / job training opportunities in target areas (IDA, Adult education, GED, ESL) Coordinate Crime Reduction, Fair Housing , and Public Improvement projects in target neighborhoods.

  7. Multi-Family Spring 2013

  8. Multi-Family

  9. Multi-Family

  10. City Wide Housing Services

  11. Neighborhood Partnerships for Change Project

  12. Public Facilities and Improvements Summer 2013

  13. Public Facilities and Improvements

  14. PUBLIC FACILITITES AND IMPROVEMENTS

  15. PUBLIC FACILITITES AND IMPROVEMENTS

  16. Public Services Autumn 2013

  17. Public Services

  18. Public Services

  19. Public Services

  20. Public Services

  21. Public Services

  22. HOMELESS PREVENTION AND INTERVENTION Winter 2013

  23. HOMELESS PREVENTION AND INTERVENTION

  24. HOMELESS PREVENTION AND INTERVENTION

  25. HOMELESS PREVENTION AND INTERVENTION

  26. Public Comment Instructions: • Fill Out Provided Public Comment Cards (Give to Amanda before leaving) • Or submit written comments to Thea Guerin Tguerin@cabq.gov Or The Department of Family and Community Services PO Box 1293 Albuquerque, New Mexico 87103 Questions: Thea Guerin 768-2758 All Public Comments Must Be Received by 5pm, March 20, 2014.

More Related