Entries Tagged 'THRIVE Report' ↓

THRIVE REPORT: Part I

I finally finished reading the 227 page Report (DOC: Affordable_Housing_Needs_Assessment_2016). I encourage others to do the same.

I will be breaking down some of the more interesting STATS I pulled from the report.

My initial analysis is that Sioux Falls is going down a GRIM path when it comes to Affordable Housing, unless we take action NOW. This is what the report is encouraging.

The Report Points out;

Poor or No coordination and inefficiency between affordable housing organizations

Household incomes at or below $25K are increasing at a drastic rate and the divide between rich and poor is growing while middle income stays stagnant.

Extreme population growth has contributed to problem.

The task force recommends starting with the most vunerable, children living in poverty.

This table shows the gap between rich and poor and really how the poor are getting poorer and the rich increasing at a faster pace.

This table shows the projected enormous growth in the Healthcare industry in SF.

This shows the poverty that exists within our school system.

37% of SF workers make under $25K

THRIVE REPORT: Part II

This table shows the exploding home values.

This breaks down rental property in zip codes.

This breaks down rental rates in SF.

This breaks down income and home ownership.

This shows the percentages of school kids living in poverty.

THRIVE REPORT: Part III

These are some comments from people looking for affordable housing.

These comments prove that affordable housing needs to be built in our core and not out by $300K homes.

These comments are about all the ‘HYPE’ in national rating firms and magazines.

THRIVE REPORT: Part IV (Final)

Affordable housing demands.

I love the following suggestions. I have often thought that TIF’s are being misused in SF, and should be directed at affordable housing like the Fargo model.

Final sources.