Strategy, Planning & Sustainability

Transcription

1 Strategy, Planning & Sustainability What s First? The Chicken r The Egg A Practitiner s Guide t Successful Funding Strategies MONICA H. CALLAHAN NING & DEVELOPMENT DIRECTOR MHCALLAHAN@MADISONGA.COM Crrect Answer -The Chicken Dn t Chase the Glden Gse fr the Egg Funding is abslutely NOT the end game Funding withut planning basis is whimsical, nt strategic nr sustainable 1

2 Why Plan? Expressin f cmmunity leadership & stewardship Telegraph intentins t the public (big bulder alert) Psitin cmmunity leaders against last minute NIMBYS and tax watch-dg grups Because there is n real planning emergency Types f Planning Cmprehensive Planning w/wrk Prgram (Cmmunity) Master Planning (Area) Prject Planning (Site) Tpical Planning (Thematic, Systematic) Strategic Planning (Outcme-Specific, Implementatin-Oriented) TODAY S TRUISM Fail t Plan / Plan t Fail 2

3 Planning Basis t Secure Funding COMMITMENT & NEED Demnstrates cmmunity intent (with r withut utside funding) Establishes the prject cntext / larger scpe f cmmunity develpment Planning Basis t Secure Funding POCKETBOOK & PARTNERS Reveals willingness t leverage using strategic and layered effrts Advances investment (preparatin addresses viability and readiness) Utilizes creative match (in-kind; cash; dnatins; land; ther entities) 3

4 Planning Basis t Secure Funding IMPACT & SUSTAINABILITY Clearly identifies users (lw/md; yuth; elders; families; visitrs) Cnsiders maintenance and lngevity measures Planning Basis t Secure Funding Indicates hw the prject secures and implements specific lcal bjectives AND ALSO Indicates hw the prject achieves r augments brader reginal, state, and natinal bjectives 4

5 TODAY S EXAMPLE: a master plan Slum & Blight Urban Redevelpment 2009: Cmp Plan Attentin Map 2 Disinvestment Areas 2009: STWP Wrk Prgram Items ED#17 designate area; HS#2 RAS husing strategy; ED#18 & 22 plans & designs fr cmmercial ndes 2011: Dwntwn Urban Redevelpment Plan 2012: STWP ED#25 Seek IGA t Implement URP : Prperty Acquisitin & Partnership Activities 2015: Funding GEFA Lan/Grant 5

6 Unccupied & Dilapidated Structures Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress Vacant & Underdevelped Prperties Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress 6

7 Neglect, Vandalism, Nuisances Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress REDEVELOPMENT DECISIONS GOAL: Address slum and blight cnditins fr 400 acres POLICY: Custmized Plan, URA, RAS, Implementatin Schedule LEVERAGE: IGA 3 ( ): +$125,000 per annum $60,000 SPLOST & General Funds City-Owned Land, DDA Land, Gifts f Easements Cncentrated Civic Grup Dwntwn Develpment Authrity TOOLS: HPC-TC, Private & Civic Partnerships, OZ, RAS 7

8 A ADOPTED 8

9 CHARACTER AREA GOALS W. Washingtn Street Gateway This is a histric and prminent crridr entrance int the cmmunity. Reestablishment f an attractive residential appearance (nt necessarily land use) is the primary gal. Develpment prpsals shall execute ne r mre f the fllwing: Demlitin f all nn-histric structures; Rehabilitatin f the five (5) viable histric residential structures as identified n the map; Cnstructin f new infill cttages, reflective f the extant residential structures (scale, ftprint, spacing, materials, etc.) and meeting Histric Preservatin guidelines; Strmwater Infrastructure Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress 9

10 Strmwater Infrastructure Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress Strmwater Infrastructure Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress 10

11 Strmwater Infrastructure Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress FUNDING $$$ > GRANT Cmmunity Develpment Blck Grant: $500,000 Skin in the Game: $167,000, lcal funds (SPLOST/General) Measured Benefits: 300 husehlds; Intangible neighbrhd attitude adjustment 11

12 Affrdable & Senir Husing Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress Affrdable & Senir Husing Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress 12

13 Affrdable & Senir Husing Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress A AMENDMENT 13

14 9/14/

15 FUNDING PROGRAM: Lw-Incme Husing Tax Credit Prgram Partners: City-DDA GA Trust fr HP Revlving Fund The Right Develper N Grant 15

16 FUNDING $$$ > PROGRAM Lw-Incme Husing Tax Credit Prgram (nt always abut yu!) Skin in the Game: $170 Lcal Investment in Prperty Assembly $315 Prperty Sales with tw residual lts Measured Benefits: 44 units f alternative husing; debt retirement; test pilt fr new rdinance Cmmercial Redevelpment Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress 16

17 Cmmercial Redevelpment Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress Cmmercial Redevelpment Remving Barriers Opprtunities Layered Apprach Citizen Participatin Measure Prgress 17

18 A UPDATE 18

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20 FUNDING $$$ >LOAN GA Envirnmental Finance Authrity $1.6M 20 yrs 1%* **Planning Ahead is Rewarded** $477 interest savings $323 principal frgiveness Skin in the Game: $350 Lcal Lending 3.58% $85 Greenspace SPLOST Measured Benefits: Change in Tax Base; New Jb Creatin; New Husing Units; Use by Public; Cnfidence in Using New Tls 20

21 Planning Basis t Secure Funding WHAT S IN YOUR STRATEGY? Intent Cntext Leverage Investment Match Users Maintenance Secures and Implements specific lcal bjectives Achieves r Augments brader reginal, state, and natinal bjectives Strategy, Planning & Sustainability What s First? The Chicken r The Egg A Practitiner s Guide t Successful Funding Strategies MONICA H. CALLAHAN NING & DEVELOPMENT DIRECTOR MHCALLAHAN@MADISONGA.COM 21