DT# 469 Proven Strategies for Solving Housing Shortages in Communities - Bethany Quinn Golden Shovel
Develop This: Economic and Community Development
Release Date: 09/13/2023
DT #493 Economic Development in Rural Arizona with Mignonne Hollis
Develop This: Economic and Community Development
Dennis is joined by Mignonne Hollis, the executive director of the Arizona Regional Economic Development Foundation and founder of Aerospace Arizona Dennis and Mignonne discuss the opportunities and challenges of economic development work in rural America and rural Arizona. Just because you live in a rural area does not mean you can't do cool things. Mignonne discusses her work helping create Aerospace Arizona.
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DT #492 Why We Are Wrong About Today's Generation With Mark C. Perna
Develop This: Economic and Community Development
Dennis is joined by generational expert . Dennis and Mark discuss the inherent bias older generations have against younger generations. Mark Perna is the author of Unleashing Passion, Purpose, and Performance in Younger Generations
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DT #491 Economic Development in the Navajo Nation with Henry Silentman
Develop This: Economic and Community Development
In this episode, Dennis is joined by , the program manager at the in Northwest New Mexico. Dennis and Henry discuss the opportunities and challenges of working in economic development in the
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DT #489 Finding Your Path in Economic Development
Develop This: Economic and Community Development
Finding Your Path in Economic Development Dennis is joined by Develop This! contributing correspondents , Senior Program Officer, Economic Vitality with , and , Economic Development and Planning Executive. Together, they discuss finding Your Path in Economic Development. Economic development is a broad career track. How do you find your niche? A career in economic development can take you in so many different directions, and many people do not start out to be an economic development professional. How can you best prepare for the ever-changing landscape of the economic...
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DT #490 A Conversation with Dr. Eloisa Klementich, CEcD, PhD
Develop This: Economic and Community Development
Dennis is joined by , CEcd, PhD, President and CEO of and board chair. They discuss Eloisa's career path in economic development and her plans and goals for IEDC.
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DT #488 Becoming an Accredited EDO with Chris Masingill and Ashley Llewellyn with the St. Tammany Corp., Mandeville, LA
Develop This: Economic and Community Development
What does it take to become an The in Mandeville, LA, recently completed the process. There are over 5,000 economic development organizations, and fewer than 80 have achieved this prestigious designation. In this episode, Dennis is joined by , CEO, and , Senior Director of Strategic Initiatives with the St. Tammany Corp. They discuss the AEDO process from the organizations perspective.
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DT #487 A Conversation with Jonas Peterson, Southwest Michigan First CEO and IEDC Immediate Past Chair
Develop This: Economic and Community Development
Dennis is joined by , the CEO of and Immediate Past Chair. Jonas also talks about his economic development career journey and his current role as the CEO of Southwest Michigan First, his time as the chair of IEDC, and the growth and future of IEDC.
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DT #486 Ten Habits That Keep Us From Reaching Our Full Potential
Develop This: Economic and Community Development
Dennis is joined by , who discusses ten habits that can keep us from reaching our full potential. Be Proactive Begin With the End in Mind Put First Things First Think Win-Win Seek First to Understand, Then to Be Understood Synergize Sharpen the Saw What are the habits that keep us from success and achieving our full potential? 1. Procrastination a. Set goals b. Prioritize tasks c. Start with the most challenging task d. Build in some...
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DT #485 Surviving Tough Budget Times
Develop This: Economic and Community Development
In this episode, Dennis offers up some common sense strategies to help deal with tough budget times. Do great work Communicate Measure Build coalitions Measure your organization against your peers Build relationships Be transparent Engage your board
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DT #484 Becoming an AEDO - Accredited Economic Development Organization
Develop This: Economic and Community Development
Dennis's organization, , recently became an - Accredited Economic Development Organization through . Dennis is joined by - President & CEO of , and - Consultant and Economic Development Leader - of , and they discuss the process of becoming an Accredited Economic Development Organization. What is AEDO, and why is it important? How many AEDOs are there? Why does good governance and organizational excellence matter? When an organization decides to pursue the AEDO designation, what is the first step? Is there an area of the AEDO process that seems to be particularly...
info_outlinePROVEN STRATEGIES FOR SOLVING HOUSING SHORTAGES IN COMMUNITIES ACROSS NORTH AMERICA
Bethany Quinn - Vice President of Strategy and Content Development for Golden Shovel
Dennis is joined by Bethany Quinn from Golden Shovel, and they discuss PROVEN STRATEGIES FOR SOLVING HOUSING SHORTAGES IN COMMUNITIES ACROSS NORTH AMERICA, a Golden Shovel white paper.
For economic developers housing is one of the major topics we deal with, especially workforce housing.
- The data behind the Golden Shovel white paper and the role the pandemic played
- Pre-pandemic communities were facing housing shortages that negatively impacted their ability to grow. Compnaies needed more housing for their employees. People couldn’t move for employment opportunities because there wasn’t affordable housing
- Housing shortages are now at the forefront of public consciousness and the existing housing costs exponentially more.
- Case-Shiller Index Report showed an 18.8% annual home price increase. Zumper’s National Rent Report showed that rent for a one-bedroom apartment hit an all-time high of $1,400 in 2022, for the national average– this is a 12 percent year-over-year increase.
- The United States alone has a housing shortfall of 3.8 million units. According to Freddie Mac researchers, “The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes. T
Information Contained in a Housing Study
The structure of a housing study varies from consultant to consultant and is based on community priorities. Some of the common features are as follows:
• Analysis of current housing supply, broken down by owner-occupied vs. rental, and type of housing.
• Report on the condition of current housing stock, including identifying the number of homes that should be torn down or need serious renovations to be livable.
• Analysis of the affordability of housing for the existing workforce.
• Estimate how many housing units will be needed, per category, over the next five years.
• Location breakdown for housing demand (necessary for a regional report).
• Determination of how many housing units need to be built as “workforce housing.”
• Determination of how much senior housing will be needed.
• A projection of how the housing needs could change if the EDO’s work results in job growth.
• Analysis of the community’s current development capabilities and if outside developers will be needed to meet housing targets.
Best Practices
- Pattern Zoning & Pre-Approvals As a Strategy in Claremore, OK
- EMPOWER INDIVIDUAL HOMEOWNERS TO BUILD
- INCENTIVES & POLICY TO SPUR WORKFORCE HOUSING DEVELOPMENT
- TAKE AN ACTIVE ROLE IN THE DEVELOPMENT PROCESS
- Spurring Housing Development Without Significant Capital in Clinton, Iowa
- REZONE TO INCREASE DENSITY
- REPURPOSE LAND & BUILDINGS
- TURN BLIGHT INTO OPPORTUNITIES