Please join us tomorrow, May 1st at 10:15am as Governor Pence visits to provide an overview of the 2015 legislative session at The Vault (located inside The Exchange), 112 W. Jefferson Blvd., South Bend.
This is a great opportunity for business and community leaders from our region to thank the Governor for his advocacy of the Regional Cities Initiative and for making it a priority in budget negotiations with the legislators. Also to demonstrate the great enthusiasm and regional collaboration occurring in north central Indiana as we now move forward in the competition to earn half of the $84M slated in the budget to support our Regional Cities of Northern Indiana projects.
If you are not able to attend the update, please consider sending a note to Governor Pence via his constituent representative at: kkane@gov.in.gov. Having the governor hear a huge thank you from the business community will be extremely helpful for future funding years.
Provided by Linda Yoder, Executive Director, Marshall County Community Foundation
Image Source: Inside Indiana Business
The Affordable Housing Task Force met on Monday the 27th to discuss the information Jonathan Leist, Culver Town Manager, had assembled through various meetings. I attended four of the six meetings he reported on and was able to help fill in background. In a nutshell, there are opportunities and developers that can be enticed to do work.
In a MCEDC site visit with Elkay, we were able to recruit Elkay’s management to assist us in our endeavors. Two Elkay representatives attended the Monday meeting and brought demographics for our use. They also volunteered to help with surveying to determine how many Elkay employees would be interested in relocating to Culver if housing were made available.
In the meeting with IHCDA, we learned that funds are available, but only for income based housing projects, not market based housing. We did find that much of the projected income based rental rates are actually above the local market rate rents.
The Task Force agreed that it would be prudent to pursue both market based and income based housing to keep our options open. The group tasked Jonathan to take a couple of things before the Town Council: 1) A budget for a Needs Assessment Survey and 2) A tentative agreement to consider tax abatement for the properties. (Tax Abatement was requested by all of the developers Jonathan met.) Jonathan accomplished #2 at last night’s Council meeting, but #1 was not approved as it would require an additional appropriation for the unbudgeted cost.
Image Source: www.homeloanstoday.com
I sit on the Affordable Housing Task Force for Culver and as part of that as well as wearing my MCEDC hat, I sat in on a meeting at the Culver Library with Darin Edwards, Underwriting and Closing Manager for IHCDA. The meeting was arranged by Jerry Chavez, MCEDC Executive Director, and included representatives from the Marshall County communities of Culver, Argos, Plymouth and Bremen.
We had a retirement party for Will & Kathy Pearson on Saturday night. Kathy was with Easterday Construction for over 38 years and Will was here somewhere around 25 years. As discussed in a previous post here, they will be missed.
Almost everyone in the crew was able to come out for the party. We shared a lot of memories and everyone had a good time.
My post regarding Starter Home Barriers sparked some conversation about the square footage of a starter home, particularly regarding the 2,000 minimum home size discussed in the Builder magazine article. Many of the points about that possibly being unrealistically large for Culver were valid. Since I was paraphrasing the article in the previous quote, it seemed appropriate to stick with their numbers and rationales.
In any case, the discussion prompted me to do a little further research into smaller home sizes. I did find the Zero Energy Design website which included several smaller residential footprints ranging from a 1 bedroom/1 bathroom at 624sf to a 3 bedroom/2 bathroom at 1120sf. (Apparently in a ZED home no one watches TV as they don’t even appear to allow a place for one in their room furniture layout.) While I know the boxy design is the most efficient, I would hope we can be a little more creative in our floor plans.
I also notice that almost all the small footprint homes are single story. I don’t know if that’s because they are often geared towards the elderly and are trying to make them as accessible as possible or if there is just a predisposition to single story now. Going back to a story-and-a-half design could provide some additional efficient space. The boxy design lends itself well to prefabricated construction, but we have had good success with panelized construction which is also efficient where duplication of layouts is possible.
I think the infrastructure issues will be more telling than the house floor plan in what the end selling or renting point is. As with their square foot home size, I think the lot buildout may be more economical here, but probably not by much. Many of the same regulations apply and our Comp Plan pushes more measures such as “complete streets” which add costs.