What is the Housing Indicator Tool?
The Housing Indicator Tool (HIT) is a one-of-a-kind platform that will provide the most up-to-date information on housing production and preservation across the region, and allow members and industry stakeholders to: track local efforts to produce and preserve affordable rental housing; hold public & private sectors accountable for making progress on expanding housing options; and provide a high-level evaluation on the effectiveness of local programs and policies intended to bolster affordable housing production. The best part about the HIT is that it holds ALL HAND members accountable to addressing the Capital Region’s housing affordability challenge.
How does it work?
The main components of the tool will be made up of specific outcomes and inputs, which include the following:
- Measures of housing production (i.e. is the local jurisdiction producing enough housing overall?)
- Affordable housing production and preservation
- Inclusionary housing – whether or not the local jurisdiction has a mandatory or voluntary inclusionary housing program whereby the local jurisdiction requires or incentivizes the production of below market rate units as part of market-rate developments.
- Local housing trust fund – whether or not the local jurisdiction has a local housing trust fund, if it is currently funded and the total amount in the fund.
- Property tax, impact fee and/or other tax or fee abatements or exemptions – whether or not the local jurisdiction offers property tax, impact fee or other abatements or exemptions to rental housing projects that include committed affordable housing units.
- Public land- whether or not the local jurisdiction makes publicly-owned land available for affordable housing.
- Low Income Housing Tax Credit – whether or not projects in the local jurisdiction use the LIHTC, including both the 9-percent and/or 4-percent credit.
Who will be Held Accountable?
The tool will include outcome and input data from up to 11 jurisdictions featuring urban, suburban, and rural communities that range in size from about 10,000 to more than one million residents:
District of Columbia
- Charles County
- Frederick County
- Montgomery County
- Prince George’s County
- City of Alexandria
- Arlington County
- City of Falls Church
- Fairfax County
- Loudoun County
- Prince William County
Philanthropic Sector & Private Sector
In addition to the components described above, the tool will identify philanthropic and private-sector funding of committed affordable housing in each jurisdiction (the donor, amounts and uses of these funds). This report will provide clarity on the level of activity, the organizations involved, the ways in which these organizations contribute to housing in the region, the types of activities supported (e.g. production, preservation, services), the other types of funding leveraged, and if/how these organizations focus efforts on a single jurisdiction or work more regionally.
You! (HAND Members)
HAND is a 400+ strong, diverse mixture of housing and community development institutions, spanning 20+ industry sectors and jurisdictions across the Capital Region. In addition to the geographic reach of HAND members, the depth of your expertise and thought leadership makes for an incredible pool of possibility. HAND is confident that its members are committed to this cause, and will join us in transforming our communities with the power of housing that is affordable to all income levels.
HAND will work with LSA – an Alexandria, Virginia-based, certified Woman Owned Small Business – to conduct the research for HIT. LSA’s mission is to increase understanding of housing issues and to help build capacity to promote economic vitality and expand housing options, which are foundations to creating healthy communities. Its staff includes professionals with nationally-recognized experience in local housing policy and planning, as well as extensive expertise in local land use policy, economic analysis and community engagement.
Lisa Sturtevant, PhD, is President and founder of LSA. Dr. Sturtevant has been involved in research and analysis on local economic, demographic and housing market conditions and local housing solutions for more than 15 years. As President of LSA, she leads housing studies and planning projects for local communities through the country. In addition, she conducts research for national organization on housing policy issues. She is a nationally-recognized expert on local affordable and workforce housing, and speaks frequently to local groups throughout the country. Lisa served as Vice President for Research for the National Housing Conference (NHC) between 2013 and 2016 where she oversaw the organization’s research and local outreach, including providing leadership on research and training on Affirmatively Furthering Fair Housing. Prior to NHC, Lisa served as Deputy Director of the Center for Regional Analysis and Associate Research Professor at the George Mason University School of Public Policy. She worked from 2000 to 2005 in the Arlington County, Virginia Department of Community Planning, Housing and Development. Lisa completed her PhD in public policy from George Mason University in May 2006. She received her master’s degree in public policy from the University of Maryland in 2000 and a BS in mathematical economics from Wake Forest University in 1994.
Stay tuned for more details over the coming months!