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HomeMy WebLinkAbout(P1) ARP Presentation Legacy Community Development Corp A HUD-approved Housing Counseling Agency 1 Holistic Approach Legacy CDC’s mission and primary goal is to provide affordable housing to low to moderate income families Legacy takes a holistic approach to housing through the provision of supportive services at every level (from homeless prevention to homeownership) Housing counseling services are a constant throughout all programs offered Self-sufficiency plans are developed and followed until the desired goal is reached Clients may move through the housing continuum at a guided pace until market homeownership is achieved! 2 The Importance of Affordable Housing Affordable Housing is vital to building a strong community. When individuals and families have safe and affordable housing, they have the opportunity to improve their quality of life. Thus, improving the community as a whole. 3 DOWNTOWN REDEVELOPMENT Partnership between Legacy CDC, Port Arthur EDC and City of Port Arthur in August, 2016 Administer marketing and education program Oversee construction of homes Phase I: Build and sell 30 homes in the downtown target area. Phase II: Build and sell an additional 30 homes The program has ended 4 Downtown Redevelopment Program has Benefitted the Community 5 Homes completed to date: 6 901 Stillwell 7 Going forward… Expansion of the target area to Woodworth Blvd and to include Gifford Pond Over 60 available vacant lots Within walking distance to the renovated Rose Hill Park Tie into the Woodworth Blvd Redevelopment, if undertaken 8 Gifford Pond: Gateway to homeownership Quickly develop up to 40 units of much-needed housing stock. Redevelop dormant property Restore the beauty of the waterfront property 9 Investment Council to consider reallocating $800,000 (or 03%) of the ARPA funding to housing-specific infrastructure for the development of up to 40 units on the Gifford Pond site (6 acres). $6 million project Funds will be used for: Site Prep (demo, soil and debris removal) Drainage (culverts) Street Improvement Sewer Improvements Driveway and Sidewalks 10 City of Port Arthur U.S. Conference of Mayors surveyed more than 100 cities, with big, medium, and small populations. The survey provides a sample of data on the types of programs that cities have used ARPA funds for, as well as offers dozens of specific examples of programs supported by these resources. According to the survey respondents: 73% of cities reported using funds for housing assistance, with many citing funds to address homelessness worsened by the pandemic; 71% reported using funds to support small businesses; 66% identified assistance to first responders; 65% cited using funds for workforce development; 63% made investments in public health, including mental and behavioral health; and 58% reported using funds to support youth programs. Received an estimated $26.6 million in ARPA funding. Estimated $18 million designated to infrastructure. Reminder: Housing is also critical infrastructure. Funding must be expended by 2026 11 Option 1: Single Family 12 units 12 Option 2: Single Family 24 units 13 Option 3: Duplexes 20 units Rental 14 15 16 17 18