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					                                                      Affordable
                                                        Housing
                       University of Wisconsin-Extension



Wisconsin Families and the communities where they live and work   Affordable Housing
    Putting Housing Costs
          in Context
           Increase in WI Home Sales &
              National CPI 1995-2002

 50

 40

 30                              WI Home price
 20                              Ntl CPI

 10

  0


Wisconsin Families                       Affordable Housing
What is Affordable Housing?
  • no more than 30% of gross
    household income for housing
    expenses (rent or house payment)




    Wisconsin Families        Affordable Housing
               Housing Wage
Wisconsin workers need a job paying
 $11.63 an hour to afford a modest
 two-bedroom apartment that rents
 for $650 a month.




  Wisconsin Families          Affordable Housing
Explanations
  • Housing Wage
  • Fair Market Rents




     Wisconsin Families   Affordable Housing
Midwest Consumer Spending




 Wisconsin Families   Affordable Housing
Incomes rising slower at the bottom

           Rise in income by earning groups
                       1990-2003

     30
     25
     20                             Top 1/5
     15                             2nd lowest 1/5
     10                             Lowest 1/5
      5
      0


    Wisconsin Families                        Affordable Housing
            WI High Rent Burden

• 1 in 3 Wisconsin renters paid 30% or more
  of their income for rent
• A range from 18.3% in Calumet County
  to 38.4% in Dane County
• Of these, 1 in 7 Wisconsin renters paid
  50% or more of their income for rent.



      Wisconsin Families          Affordable Housing
  Wisconsin Rent Burden




Wisconsin Families   Affordable Housing
   How does ____ County compare?

• Median WI rent      =    $540 / month
• ____ Co. rent   =   $ / month
     (ranks #___ among 72 counties)




     Wisconsin Families        Affordable Housing
    How does ___ County compare?

• % Wi renters paying > 30% = 32.3%
• % ____ Co. > 30% = %
     (ranks #___ among 72 counties)




     Wisconsin Families      Affordable Housing
    How does ___ County compare?

• % Wi renters paying > 50% = 14.5%
• % ____ Co. > 50% = %
     (ranks #___ among 72 counties)




     Wisconsin Families      Affordable Housing
  Wisconsin Home Prices




Wisconsin Families   Affordable Housing
    WI Home Ownership Burden

• 1 in 8 Wisconsin homeowners paid 30% or
  more of their income for housing
• From 10.8% in Wood County
  to 22.5% in Walworth County.
• Of these, 1 in 24 Wisconsin homeowners
  paid 50% or more of their income for
  housing

     Wisconsin Families         Affordable Housing
Wisconsin Home Ownership Burden




   Wisconsin Families    Affordable Housing
How does ___ County compare?

    Median Home Price in WI
            $112,200
Median Home Price in ____ County
               $
 (ranks #___ among 72 counties)



 Wisconsin Families        Affordable Housing
   How does ___ County compare?

WI homeowners paying > 30% for housing
                17.8%
  ____ Co homeowners paying > 30%
                  %
    (ranks #___ among 72 counties)



    Wisconsin Families        Affordable Housing
   How does ___ County compare?

WI homeowners paying > 50% for housing
                 5.1%
  ____ Co homeowners paying > 50%
                   %
    (ranks #___ among 72 counties)



    Wisconsin Families        Affordable Housing
                           Homeless

• Housing costs rising
• Low to moderate incomes stagnating
• More families risk homelessness
• Over 35,000 received emergency housing
  services (year ending March 31, 2003)
• A small fraction of those in housing crisis


      Wisconsin Families              Affordable Housing
    35,000 Homeless in 2002-2003

• 56.7% were female
• 37% were children
• Small fraction of those in housing crisis




      Wisconsin Families            Affordable Housing
              Homeless children

• 1/3 of homeless children enrolled in
  preschool lag far behind in visual motor
  skills
• A majority of homeless children function at
  bottom of their age group in verbal skills
• A majority of homeless children have
  emotional and behavioral problems

      Wisconsin Families           Affordable Housing
           What do families do?

• Choose between a roof and a meal
• Go without health care, child care or elder
  care
• Skip on taxes, savings or other necessities
• People double up
• Live in unsafe conditions
• Remain in abusive situations

      Wisconsin Families           Affordable Housing
  What is the effect on communities?

• More resources for school systems
• More social services for children
• Economic loss of children who become
  contributing adults – unable to contribute
  at their fullest potential




       Wisconsin Families           Affordable Housing
      Does anybody care?




Wisconsin Families     Affordable Housing
                  Fact or Fiction?

                           Myth

“People who move into affordable housing
  will have various social problems and be
  quite different from current residents”




      Wisconsin Families             Affordable Housing
                           REALITY


• Usually long-time residents of community
• Work in jobs with low wages
• Retired, disabled on fixed incomes




      Wisconsin Families             Affordable Housing
                  Fact or Fiction?

                           Myth

“Affordable housing will cause surrounding
  property values to drop”




      Wisconsin Families             Affordable Housing
                           REALITY


• No evidence of lowering neighbor’s
  property values
• Minneapolis-St. Paul
• Dane, Milwaukee & Waukesha




      Wisconsin Families             Affordable Housing
                  Fact or Fiction?

                           Myth

“Homelessness results from lack of well-
  paying jobs rather than lack of affordable
  housing”




      Wisconsin Families             Affordable Housing
                           REALITY

• Lack of affordable housing has a direct
  bearing homelessness
• Even slightly higher vacancy rates matter
• ▲1% increase in vacancy rates plus
     ▼1% decrease in rents equals
          ▼25% reduction in homelessness


      Wisconsin Families             Affordable Housing
       Housing is Good for Jobs
• $1 of subsidy stimulates $8 in new consumer
  spending, business income, and construction
  spending.




      Wisconsin Families              Affordable Housing
   Lack of Housing is Bad for Jobs
• Minneapolis-St. Paul loses an estimated $256
  million annually BECAUSE of shortage of
  workforce housing




      Wisconsin Families              Affordable Housing
               Community Needs
• Good quality, affordable housing
• Access to affordable home mortgage loans
• Affordable rental housing for families
• Affordable rental housing for moderate-
  income older adults
• Ways to match people to housing available
• Emergency housing and domestic abuse
  shelters
• Transitional Housing

      Wisconsin Families           Affordable Housing
           Community Resources
•   Community Action Agencies
•   Access to affordable home mortgage loans
•   County, tribal, or interfaith social services
•   Habitat for Humanity local affiliate
•   Your county UW-Extension office




        Wisconsin Families               Affordable Housing
              How can you help?
• Get involved in local housing groups or
  help start one
• Make housing concerns known to
  officials
• Participate in public hearings and
  government meetings
• What else can you do?

      Wisconsin Families          Affordable Housing
                                                      Affordable
                                                        Housing
                                                                  University of Wisconsin-Extension




               www.uwex.edu/ces/flp/demographics


Wisconsin Families and the communities where they live and work                Affordable Housing

				
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