Earl Redrick, Director of the Omaha HUD Field Office presents on the need for affordable housing in the region.

1. Earl Redrick, Director
HUD Omaha Field Office

2. *Defining Affordable Housing
*Old v. New
*Same Challenges; New Concepts
*Players and Demands
*Regional Effort with an Holistic
Approach

3. Up By Your Bootstraps
*Work hard, earn your way & continuously
learn
*Be a good, productive citizen in society
*Give back to your community
*Invest and make sound money and business
decisions
*Build wealth to pass on to future
generations
*Safe, Secure, Affordable Quality Housing

4. *Old: Housing units that are affordable by that
section of society whose income is below the
median household income-no more than 30%
of income.
*New: No single definition. What is considered
"affordable" by family earning $$ a year will
likely be out of reach for another family
earning $$ a year. Incomes and housing costs
vary by location (housingpolicy.org).

10. *Retiring Baby Boomers
*Empty Nesters
*Millennials
*New Entrant Investors
*Changing local, state and federal
policies

11. *Safe and secure
*Maximize use of current infrastructure
*Energy efficient and sustainable
*Quality at an “affordable” price
*Close to Transit
*Integrated into surrounding community

12. *Ease of Access for Alternative
Commuting (walking, biking, busing)
*Accessible Design for use by All
*Density ok, but NOT clustered or
concentrated
*Various types across various locations
*Practices and local policies that are
strategic and intentional

14. *First Comprehensive Regional Plan-H2050
*Enhanced coordination among municipal
planning departments
*Transient Orient Development
*Focused investment in previously under-
invested areas (Deer Park, Prospect Village, 75
North, West Broadway)

15. *Promise Zone Application
*Community/neighborhood engagement
*Investment by local philanthropic
organizations
*Active engagement with local PHAs
*Doing the same or nothing is not an option