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I'm going to give you the quick on you a lie as well so I know we have some folks not only from Orange County and City Orlando but we have some folks from other counties and municipalities and like always it never fails technical issues is the first thing loud than that that becomes the issue so we are let me just tell you we'll go on you always press on welcome Uli is a is a 40,000 member organization globally 25 here in Central Florida the local chapter here in Florida is a 14 County a lot of times people think it's only about one County osteopenia Seminole when we go to either side the lake over but it required a Volusia we have about three hundred sixty members here locally and there's always an opportunity for some of you if you're interested in joining us please talk to one of us part of the team our mission is providing leadership in the use of land and creating sustainable communities and thriving communities as well we're a 501 C 3 we don't necessarily advocate for or Lobby but we do advocate for issues we're about education we're about bringing a global organization bringing the resources of that global organization here locally so we can act on those things and we can use those and we can create a more thriving community for everybody involved and we do a lot of Gilad doesn't nonpartisan research and education the database now for knowledge finder is immense there's case studies you can download a case study very similar to this technical assistance panel and the address topics across each of the pillars for the sectors that Uli is kind of built upon the technical assistance panel is what has been going on here today so we may refer to it as intact and throughout the day or at least the day you're here for an hour at this period but it is a it is coordinated and implemented here this is a an issue that is national attainable housing affordable housing this is a an issue that we've been thinking about here locally as well and I'll recognize Becky Wilson was the Past Chair and Becky started this process with a lot of different people through the tap and it just kind of filled in on a little bit of my shoulders but really more so a lot of the people that will be introduced here later and what a great time because this tap is right on the heels or actually in the of what the county is starting to do with their housing for all initiative and they will be making some recommendations moving forward to that come in the next couple of weeks so this is a two days of study and analysis there will be information that you see up here then have been working for lunch for people that have been involved for professionals nonpartisan multi-discipline we've had individuals from the banking industry the lending institutions the design professionals the contractors developers that are actually trying to build this type of product and so it's a across the board across the spectrum of the development services and we have a lot of market voices that have been plugged in to the analysis of this today the preliminary findings that you will see throughout the day is what were our culmination up here today for this next hour is going to hear some of those findings and the final report it says six weeks it will be delivered but really we hope to get that out a little bit more so if you signed in and you provide a dream I'll address we will get that personally out to you and then Kelly put Kelly as our executive director here locally she put a immediately a an assignment for us to have a meeting tomorrow to figure out what the next steps how we can plug in locally how we can take this data we can continue to build upon this through the next coming week so if you're interested I've already started through a wrangle a couple of people that said they were interested so how do we take this initiative how and we follow up on it on a regular basis throughout the next year as well again just lastly thank you for being here this is not only Orange County we have a great opportunity we are a community that is driven by tourism in the housing attainability are different for them than for building a sustainable and thriving downtown community we have one of the best universities in all the country and with probably the second highest population so again diversity an attainable housing can be applied to that we have some great factors that we can apply here so this time and this tab is critically important for us locally so with that I'm going to pass it off to Kin Kin is the ringmaster and the taskmaster the brain trust behind this group today so again thank you Scott thank you to Orlando in greater Orlando for giving us the opportunity to come in talk about this this opportunity with you review this tap your local talent tap some national experts around this and I'm just privileged to have been a bit of a guy - this really group of smart people that's come together to help you with this and with that I really want to introduce our panelists you can see their names listed here well what I'd like to do is to ask them to just stand up one by one introduce themselves what organizations are with and where they live so maybe starting over here some Charles Adams I had development management services for company coffee HB and just returned to Orlando after being gone for 20 years and good morning my name is Tyler Johnson I'm a planner with Charles at VHB and I live and work right here in downtown Orlando with Charlotte and Charlotte associates morning everyone my name is the Grandin normally funny director of the window now retired but I wanted to be a mixin public affairs at UCF and since 2008 I am Greg Logan I'm managing director of our CEO 50 years I'm chef Robin someone's related development here in Central Florida been in Central Florida since the mid eighties I'm Albert I'm Sonia director of real estate mathematics into the aluva corporation I live in a lot of our commercial I'm Tiffany Manuel president and CEO of the cakes made which is an organization that helps build public will around some of these issues and I'm a recent transplant to Orlando I know that now tennis table tennis chair of this technical advisory panel I'm an urban economic development consultant and Cincinnati and also work for the University of Cincinnati and their offices and innovations a lot with the official tap members they actually this is a pretty unique thing for a technical advisory panel or tap we've had a whole series of people who are listed here who participated actively in these discussions and even in advance of these discussions and so we want to recognize them as well so if you would just join me and giving this whole group and team of people around the last happened and was not a surprise to me that several of them came in this morning said I really didn't sleep well because I woke up to three or I was still up at 3:00 thinking this through trying to understand what we need to do next and everything else and that is typical of the kind of commitment that we get out of you live members and others when we do these kinds of panels and so I want you to really appreciate that this was it all in flat-out sprint for a day and a half to really get after how we can be helpful to the community around us and so with that I want to have / - Tiffany who's going to kind of explain to us why we're here and why it's important that we have this conversation oh good morning so it's my roll this morning to just help us to understand the context of the work that we're going to present to you today first of all we'll need to start with what you already know hopefully which so handle is a great place to live work and play right we have some of the best neighborhoods in the country in fact there have the builders and architects folks and planners right here in the audience today who have the word winning work in this community there's someone who's beautiful computers across the country we have that in Orlando and this is the back some of the most interesting community building farmers markets place for folks with community gardens amazing places to go company Orlando in addition to that great schools right and not only great foods but I think also diverse the United States but all over the world not just from sort of cradle right over to high school but all the way through college and the preceding day this year I can't describe schools in the nation and guess what a private economy right a lot of the folks who own businesses in this region are hiring and this is not a place where we're struggling to figure out how to get jobs for folks right a lot of folks were having in this region which is fantastic so so don't take our word for it this is a great place 75 million people came here last year for writing reasons another record-breaking year for variety of reasons and that is up consistently so consistently bringing more and more people to the region to enjoy all the things that we now think about we people are and Oh an initiative and job growth is strong Manchester and in each order but the prospects long time I've been on the prospects for Orlando at the Central Florida are enormous right you know this is a region that is growing in a business we live here but we also know that we have to protect what we have you to a place to live work and play but if you're not addressing some of these issues over housing issues of housing overall we don't lose that but we're going to lose the very thing that many people came here to try to find out that many people are grown up and and so a part of our task today is to say how do we maintain the great senator living that has now become Orlando so the will say we look further out just a little while ago earlier in the year some of their Orlando leaders here that I've studied about economic development and the economics of regional prosperity prospects and what they found was that that by 2030 we're going to have about five million additional people living in this region we're adding about 1500 or per week to this region already some are saying that can be a challenge right if housing is already something that's challenging for us and we're we've got to make sure we're planning for the future that we walk for Orlando and that's a part of the reason we buy today so we got to tomorrow's in front of us right one tomorrow's we don't see any action but we left that sort of the economic forces emerges they might and in 10 years in 2030 where were you lookin all those different people what we have in this conversation talking about how to mix the prices right and you look across the nation at those places who did not get in front of this economic boom right this is what happened 10 cities you okay see how it's fantastic and yet you walk outside you have to step over people just to get to work so think about how our future that's what this exercise is about how do we plan for the needs that you know are here today and so we have to do the bad news for you so the bad news is this is not just an issue low-income families affordable housing usually about 0 to 80 percent of so let's go from they have no one come all the way up to about forty thousand dollars that's affordable there are a lot of folks in this region who are working the affordable side of this that's use the part where there's a lot of government intervention because there's a lot of meat in that and their home business or bowls we have an income that's not what you can do more challengeable don't have income it will be easy to some extent we can sort of narrow down to that and be done with it but it's time there are a lot of folks who are in what we would call sort of middle income jobs they're police officers their teachers their social workers their business startups but their hope the University Professors problem of the university professor tinnitus University who are struggling to find a decent place to live in Orlando so it's coming said the bad news is it's not just at serve us nearly 80-percent all they offer those folks who even are working you know the kind of jobs are professional but still challenging median income in this region Lando's fifty five thousand or we're saying a paintable housing about zero to hundred twenty percent of area median income is about forty-five to sixty thousand dollars and indeed other kinds of folks who make that much money the industry definition for what it means to have attainable house with that missing middle right is zero through about 120 percent of their mean income and when we find out about that but I will say that we came together in this conversation and really wanted to think of our broader range of folks that really 80% of area median income all the way up to about a hundred and fifty percent of area median income so we so we have slightly sort of broader range but I hope you'll see is that we're really focused on this part of the market that means that means housing but has not been served so we'll also say that we did not simply interrupt additional terms we had consultants working with us to develop some database models around this this is a chart of the folks who are on the left side of this is for life forms bars or those folks who are homeowners in Orange County already and the the right side orange the darker orange our hopes were active buyers who would love to own a home in that middle income range in Orlando a couple bars where they're specifically really big guest young professionals young families an intermediate analyst so we know that those are not the only folks obviously in this sort of attainable housing that things that need a place to live but those are places where we know there are really big big gaps between the two so you can find that some of our energy really went to thinking specifically about those groups even though of course the entire game is something that we care about so I remember my part of this conversation is where context piece by saying contributor give the bad news my colleagues will share other cities are dealing with our housing issues with animal howling is you have an economy that was as strong as ours they don't have a workforce that looks as strong as our didn't have much more ease than we do right they don't have great schools and they don't have essentially the foundation that we have to really get in front of this and they're struggling to bring those things along and they're also trying to figure out housing we had a moment where we think about what's happening in Orlando to get in front of Haleh discuss a plan for the future that's livable for home ranges for diverse range of folks who need or want to live in this community so that's the context and the spirit in which we engaged over the last two days in this conversation what's the opportunity for us really to meet the need and have a future that we know is possible I'll stop there so that is congratulations for actually bringing your group together to talk about this congratulations for having the leadership to elevate this concern and this opportunity to a point where you're ready to take action around it we realized that this tap is not the only thing that's going on in the region around this topic and I think it's I mean I spent a good part of my time in Miami and I will tell you and I'm very involved in the uoy District Council in Miami we have not elevated this conversation the way that you have so congratulations I think it takes good leadership and and some really good strategic thinking to get to there but as the team really you off just the mouthpiece up here the team did all the work on this right as the team thought about this several themes emerged in terms of what you need to do to get ahead as Tiffany mentioned number one build more efficiency and innovation into the housing delivery system to unlock capital for this part of the market and work to develop the streamlined streamlined approach to attacking that capital I mean capitals cap strength elevate leadership and visibility on this issue you've started down that path but we actually think probably matically there's more to be done and there's there's bigger and better conversation to have around this and then finally in terms of the industry work to build that capacity of developers builders arch
tects planners and even others including mobility planners and things like that it can help you get after this idea that we want people in all ranges to have decent places they we are they're critically important to our economy and we want to really get after this particular issue so those are the themes that's a slide you got left in it but what's supposed to be okay yeah just skip that one so with that we have the real experts ready to talk to you about the draft recommendation so if you have their hand attached to anything so far which is fine except for what Tiffany said this is where you really really want to get out your pens and pencils and tape some good notes because we've got a great team that's going to come up here and share with you their top priorities by the way this was hard to do there are top priorities for what they think is really important to get after next and then we'll have some a little bit of wrap-up after they present so try to remember who's up first good morning some of the topics I'm going to hit on and will be touched in with some of the other the other groups this really is a comprehensive issue a lot of things really have to come together but the first sorry let me take a step back these recommendations are really focused on income and mobility and income is not necessarily what the income is it's job income earning potential it's improving the income of the residents who need this attainable housing and the mobility options are not just you know can you buy you know are there bike lanes but it's how the cost that people spend on their transportation needs affect the attainability of their house so the first recommendation is to reduce barriers to accessory uses this includes accessory dwelling units to supplement income and reduce financial burdens and I just want to say you know there is some really good work already going on here regionally you don't have to look outside of Central Florida to look for some examples Orange County and you know their latest update you know clarifying that ad use don't count towards density in the City of Orlando if it's less than five hundred square feet you can get you know you you don't have to hit the same transportation in school impact fees and all that that reduces development but providing this this housing that's really needed after some of these young professionals especially but also this adds accessory building units can add a revenue stream to the owner of the building if they can rent it out to one of these people that need attainable housing that's a monthly income stream that they can get if it's an Airbnb type deal where they can you know rent it out to people coming to visit Orlando and all those tourists that come in and support our economy that's that's a great option and finally you know one of the things we talked about a lot was the multi-generational housing you know kids moving back in with their parents parents moving in with their kids and the opportunities that that provides with these ad use and especially you know one of the cost that we talked about child care costs and you know if you have a parent living you know in an accessory unit reducing your monthly cost for child care as a and finally you know it's not just living units it's the live work units that we talk about and you know having flexible units that can have residential on the first floor when that might be what the market demands we can have commercial or office space on the first floor and that's what the market demands and allow making sure that whoever owns the unit can actually rent that out if they're not going to use it as another income stream and once again I said there's some good work already being done here in Central Florida but like Scott said you know we're fourteen counties for the Uli Central Florida you know it's not just Orlando it's you know we're serving the population and in a wide range of areas the second recommendation is to seek opportunities to partner with corporate entities and provide education and training to enhance their economic mobility and stability so really how do you work to improve the economic situations of these folks in attainable housing one of the examples that we looked at was in Jersey City and it was a multi-family unit and they had for their residents a financial literacy course you know okay now you own a home how do you maintain that home how do you make sure that you can stay in that home and it was so successful for the residents and became a community-wide program I mean other organizations were coming in to this program to help teach other folks in the community these things and what can we do to really help you know in these areas that we design in these new communities or in infill communities to really help bring these spaces and as a planner designer you know we're always looking at you know creating community space creating these facilities but really it's the programming behind it what programs we bring in who are your partners to help support these kind of services that can help improve the lives in the economic situation of the folks that's just to promote create and retain support ups are attainable housing near transit stops and employment centers this really speaks to the mobility aspect transportation aspect how people get places and this is really focused on allowing all the residents of the community to access all the opportunities that community have you don't necessarily have to sit on for later I for for an hour to get to work you can live and work close to the same area and really focus on the some target this is more location looking at a targeted area Atlanta was an example we talked about where there they specified they had a number they said 5600 units and targeted areas around the Beltline so that's their goal and that's what they're working to strive towards but the other side is how do you make sure that those units are retained and they stay attainable housing and it's not someone comes in buys in two years later they sell it at market rate and that is no longer a table housing on the market Community Land Trust as an option that we talked about I think that will touch on a little bit more an example out in Boulder was exactly that it was this great little community had all sorts of product type and there was restrictions on how much you could resell the house for each year so what they were doing was really making sure that what was built is attainable and intended to be attainable maintained you know their state attainable and finally to reconsider the continuously evolving transportation needs and options of residents I don't want to get into how the transportations market is changing we all know that's changing but just to touch on you know ride share uber lyft all those things you know how does that affect what we're looking at reducing parking standards obviously is something that I think we'll talk about but also in Gainesville for instance you know there there now have requirements for scooter parking and bike parking and what that allows you to do is reduce the required parking demand so you're not building as many parking spaces you can build more units and kind of you're not spending as much capital on the parking side of things you can spend it on housing and you know with this the final kind of option I wanted to just touch on is rethinking how people how parking is part of an apartment if we're looking at these areas with employment centers where people may don't have cars anymore because they use rideshare or they bike separating out the parking from the housing cost almost as an a la carte type menu where you're buying an apartment and you're like I need one parking space ready two parking spaces or I don't need a parking space if you're talking about a parking deck and you're talking you know fifty thousand dollars you know for two spaces well we're looking at $200,000 homes that's you know 25% of the cost just on parking that you may not need and how we can start kind of separating out what the consumer actually is demanding and what they need versus what's being provided I think with that good morning everybody you will probably hear a lot of duplication replication of efforts as we go through this because there are a lot of common themes and as one of the developers in the crowd one of the things we tried to bring to the table was a sense of practicality to some of these design concepts and some of these ideas so I hope that hopefully this will bring some embrace some of these first thing we talked about is the revaluation of the layered development regulations to encourage the tenable housing there's a lot of fastest to that one of the things we talked about was impact fee regulations and its impact on on development costs obviously if a single-family house has an impact fee of let's just say arbitrarily ten thousand dollars that doesn't matter whether it's a thousand square foot unit or a five thousand square foot unit we think that the impact to the overall community in providing some relief for those seeking the attainable housing on those lower end units those smaller units we think is a good idea and instead of basing it on a per unit basis maybe we should look at it on a value basis or on a square footage basis of the unit which would obviously be a lot more a lot more attainable we also thought about the timing of those fees as a developer I can tell you that oftentimes when we go in and develop a project many times our impact these are several million dollars and oftentimes are required at the time of building if we just stop and think about the timing of those payments relative to the receiving of the cash flows from the development standpoint when the when the units are ultimately turned over to the residents floating that capital for your equity in your debts capital stack structure is awfully expensive so one of the things we proposed was to go in and make the payment of those impact fees timing with when the residents actually take occupancy in the unit which when that's ultimately that's when the impact of the community whether it's transportation whether it's the school's the water the sewers the parks the recreation that's ultimately when the impact is made any way which we think that would be very advantageous and helping hold down some of those development costs another one of the things we thought about was the alternative design standards the design standards between single-family duplex triplex and then getting into the quadruplex that changed between the three unit and aboard four unit and above in terms of density there's an awful lot of requirements that mandate expensive additions to the drawings to the to the process the construction of the development process so we think that there ought to be a set of design standards where we can create some flexibilities for those units that are single duplex and triplex another one of the things we thought about was accessory dwelling units and we used the example there's a part of the community Pine Hills that was developed many years ago a great little working-class neighborhood but a lot of those single-family homes were twelve fourteen hundred square feet but they were built on Lots that were often times 80 feet wide by 120 feet deep there's a tremendous opportunity there to allow these additional or these axillary dwelling units to be co-developed on these sites we don't need to have an 80 by 120 lot sustaining one single-family house so the opportunity to create enhanced income for residents where they can go in and and create these ad use and create revenue sources or potential multi-generational dwelling units for grandma grandpa mom and dad as they start to age we think that's a tremendous asset and certainly ought to be considered as well one of the things we thought about was the making the lot splits a development right one of the things that I'm accustomed to going in and going for City Council's and government agencies and I've got a whole staff of people's attorneys land use folks that that I use to go in to represent me but a lot of people don't have that opportunity so we think that there ought to be a an attainable set of Rights that that particular landowner asked to go in and buy am i right they're able to go in make the permitting process and not have to go through the public hearing process we think that's a terrible it's terribly expensive to do it's time contain type to stream and also is very expensive so we think and all of these things brought together we think enhance the the affordability and the desirability if you will of attracting capital for for attainable housing another one of the things we thought about we're parking requirements we alluded to that earlier the parking environment is changing its changing overnight I can tell you in the projects that we're working on right now oftentimes I'm required to develop upwards 1.75 even 2 units per acre our two units two spaces per unit on my parking if I'm doing structured parking it's 18 to $25,000 in unit we got to start thinking outside the box we're getting less cars there's ride-sharing opportunities we talked about scooters and and other modes of transportation we need to start considering that we as developers are not going to under park our communities if we do it's it's it's obviously adversarial it's it's detrimental to overall retainer ship of our tenants so we're going to develop so we need flexibility of those parking requirements to allow people to think outside the box and as the market evolves on parking we don't need to have a one-size-fits-all 1.75 spaces per unit we think there's there needs to be some flexibility there another one of the is permitting plant our permit platting by right that goes into the we don't we're trying to streamline the process we think there ought to be and one of the things we brought up with there should be a representative with the municipality that helps these people come through and helps them walk them through the process oftentimes when people come in they haven't desire they want to they want to see attainable housing they don't know where to start and a lot of people are very unsophisticated they're very intimidated by the process so if there was somebody there with the municipality that cannot walk them through the process help them understand the paperwork the steps that are involved streamline that process make it affordable make it attractive to people who want to do this kind of development we think that's obviously very advantageous and would be encouraging more development this type in the community see what else we got into that category encouraging the uses of land trust one of the things we talked about here is typically when we go in and we look at the overall cost of a development upwards of 25 to 35 percent of the overall cost is attributable to land if we can take that cost out of the equation that's a substantial portion that gives that ultimate homeowner or that tenant relief in terms of the housing so if we can do these developments that have the land trust and do the nonprofits to take away that 25 or 30 percent of that burden for that homeowner that's obviously going to be very attractive in terms of containership incentivizing example housing and target zones one of the things we talked about everybody has probably heard of the different zones that they have for redevelopment we think that every municipality ought to have the flexibility to go in and look at areas in their communities and say this area is targeted for redevelopment we want to encourage people to come in to think outside the box to redevelopment to vest in these communities and it shouldn't be a one-size-fits-all yeah we look here in Central Florida there's plenty of opportunities we have look at the Pine Hills area wonderful little community was established 40 45 years ago there ought to be opportunities to go in there and we ought to have designated areas what we're focusing we're taking our resources we're taking our personnel and we're making this a point that we want we want to bring it to the attention freight to the forefront and open up the discussion with people it occurs that kind of development in those
types of areas talking about next there we go corporate engage here yeah I noticed oh it's still working good so we are fortunate to live in a place that's creating jobs at a rapid pace very blessed as community and have that you know the discussions that we had particularly given though the participants in the panel where we are trying to address it tends to be down at the downstream at the end when the builders building pulling the building permit and family is purchasing a home and what we're starting to see across the u.s. with this attainable housing issue is that the organizations that are creating those jobs that we recruit and we want to have create jobs to have a prosperous community they're starting to get engaged in this because they're seen particularly after the Great Recession some of us in the business call it depression through those tough years there is a shortfall of housing being delivered in these price points where frankly these middle-class jobs workforce housing needs are there you know just to highlight a few of those are organizations like Microsoft that within the last year committed 500 million to housing challenges in their area Seattle for a lot of their jobs Google kind of similar markets out on the west coast dedicated a billion to try to work on solutions for this Amazon recently announcing contributions not only from the corporate level but from the founder Jeff Bezos you look in health care which for years has struggled with recruitment in a lot of these urban centers where it's difficult to find housing nearby particularly with kind of hours that healthcare professionals have to keep on the 24/7 365 basis and Kaiser Permanente United Healthcare each one of those have been contributing 200 million two hundred and fifty million to start trying to work with community organizations civic organizations to encourage this attainable housing that's underway so with that kind of groundswell and recognition by corporations that they've got engaged in this our biggest recommendation is the top point on here is that we want to try to create for Central Florida the task force called it a round table you know better labels might be able to you know you might be able to come up with but the idea is that we engage our anchor kind of employers in Central Florida to start the dialogue on this as Tiffany said to try to get ahead of it as opposed to trying to fix it later a decade from now or something so as a part of that exercise if we can establish this round table this taskforce to focus on it we know there's a lot of great examples already occurring across the u.s. I've never been shy that we go steal great planning ideas when we're designing our master plan communities a lot of these paths have already been taken there's already lessons learned in it in fact I'll do a little commercial for one of the participant speakers that was here yesterday from NYU's Furman school that has created a website called local housing solutions org and if you haven't ever seen it then you're focused on affordable and attainable housing is an incredible resource research of things that are already being done across the country all index in a way that's easy to dive into and look at what others are doing so you can save time to get focused on solutions as opposed to all the research side of it the we believe we need to do the same thing on the attainable housing topic is we need a benchmark these companies and these communities that are already partnering trying to address the needs of their workforce that are helping and fueling their company's growth we also want to take a moment and that Orlando has already got some good examples of how partnering can work on these things thirty years ago I moved to Orlando for Walt Disney Company specifically Disney development company and my very first project was a college intern housing project some of you may be aware of it some wannabe may have stayed in it looking at the ages of the faces around here it's called Vista Way and it was a program that Disney knew they had to have because a lot of their seasonal employment would come in only for a semester or three months or six months and it's you talk about it's difficult to rent at affordable rates in this area it's even more difficult to get short-term rentals like that and so Disney had to step up three decades ago to start to provide affordable housing and attainable housing for their temporary employees well if you track what they've done over the last few decades and I'm not a Disney employee anymore I'm not you know my employer but they continued to ramp up those situations partnering with developers where they might Disney's not developing the the units but they may step in as a master lieutenant and a master lessee so that they can have the kind of flexibility they need and the price points they need workforce out there another close by example that I'd highlight has haven't helped and what they did partnering with Craig us work on the healthy village and what I like particularly about that is one is on land that Florida Hospital back in the day acquired to think about future expansion but along the way they realized if they were going to recruit the best talent for nursing in physicians they needed to have at a noble housing within easy striking distance of the their main campus in the best of all is this one is located on major transportation as well with certainly being near by for but also on the rail London it's unreal so a good Tod example that was done by them and we got a case study presented yesterday on the Orlando neighborhood improvement corporation teaming up with Hughes supply to keep those jobs and collaborate with them on you know certainly Hughes involvement with that organization enhanced that opportunity so that it could happen that when you're talking about for our corporate leadership and corporate partners rejection idea of a linkage fee or fee and Lou yeah in fact it was discussed and you know our leader here and us consolidate you know what we're able to share just in this portion but it is something that other communities are doing and we'd have to figure out if that's the right solution for this area because you know what your balancing is there are all the efforts we go to to recruit businesses sometimes through tax abatement things like that I think we would in general want to be cautious when we start talking about fees charging for a company who's investing to grow business in their area and that's why I think it should be considered but I think there's a lot of others some of these investments that I was rattling off of like with Amazon they're investments for housing issues are going into existing community housing some not-for-profits some or the other organizations sometimes they're playing a Disney kind of role where they're guaranteeing a development in terms of the financing so that it can happen sometimes they're actually even playing the builder developer owner-operated they you know of those so we want a lot of arrows in our quiver and I think the benefit pulling in a roundtable with our business leadership in Central Florida we can start to have a about all the options and which are the ones we want to make the priorities with not trying to avoid the question but it it was discussed and there was a healthy debate there were some that think that might be a good way to go particularly for smaller businesses that can't build a 200 unit place but on the other hand we want to keep the prosperity going and not discourage companies from bringing their jobs here the last bullet point up here really speaks to what we see is a mismatch today of what our builder developer community is delivering which tends to be the old three to four bedroom two and a half baths designed for you know married couple with you know 2.3 children well that's the minority today of our demographic but this is one of those systemic things it's not just the Builder saying that's what I need it's the brokers you say you need to think about resale and the next person buying might not be a single parent like you only needing two bedrooms we think that companies can start to get more involved in partnering with builder developers to say hey this is the specific needs of our workforce we'll help underwrite some of the risk that you perceive by doing what I call built for the demographic so that they may do more two bedrooms so they can do one car garages which to a lot of brokers and builders today they're nervous and frankly some of them just lack the courage to step out and produce that product but we think that ultimately building smaller homes biggest ways to make a dent in the attainable housing if you take some of the statistics you see over the last several years that we just keep building bigger and bigger houses even though the average household size keeps decreasing over that that's part of the reason we're in this challenge today with attainable housing so that's up my clicker stopped working Oh so we focused on what sort of design considerations we need to make in order to advance it and that we thought would be very helpful to think in terms of the specific goal so as Tiffany pointed out in her presentation we look at the need the annual need for housing households in that 80 to 120 area median income price range there's a there's a need for about 16 1700 units a year and then she said when we expand that to look at up to 150% of area median income there's about 2,500 units a year the greater deficit is at the lower end of that arrangement over or under supplying the market and so we look at that so if you sort of take that midpoint I'd say you know it's a couple thousand to 2500 units a year setting a goal of around 20,000 units over the next 10 years is a very very reasonable we think achievable goal for you know creating more inventory of the table Christ housing we felt one way that the county could go about helping that make that happen within Orange County's would be to come up with some ideas of the kinds of housing that are desirable and to create a pattern book like a lot of developers do when they're committing when they're trying to explain the builders what they want to have happen in their community to do the same thing at the county level think about what kinds of design ideas would be desirable and and would actually get received so incentives perhaps in in the form of an impact via credits or expedited permit the kinds of incentives like that so to create that sort of a pattern book and we had as part of the the work personally you know we don't get to share with all the great discussions that we had the last couple days but one of the things we did we had a design team looked at three sort of representative sites across the county a couple of infill in one more suburban location and we had several different architects and planners involved and looking at the different kinds of things that could happen there and it was so creative it almost is the beginning of this this pattern book if you will you look at the ideas of what could happen that could help us you know address that opposite of attainable housing and then we sort of compared the ideas that came up of what what could happen with what we actually see getting built I know several people already commented today when we look at the range of housing products that are being supplied to the market as compared to where that where the and is and what consumers tell us that they would like to see we see a disconnect and so we think that's a really helpful way of addressing that disconnected we looked at some information that showed the the mix of housing product ties between single-family and have attached for sale housing that we were building ten years ago and compared that with what we're building now and didn't see a lot of difference as several people Charles just come in and the fact that you know kinds of households up there have changed a lot the mix of housing hasn't changed and so this next recommendation encouraging small lot single-family infill townhomes and other attached product in areas with good transportation access and proximity to employment what we seem to see happening on the industry side and sometimes and the regulatory side is this idea that that what will address affordable housing will continue with this you know driver to you qualify sort of approach and people will spend a lot more on transportation as a trade-off for the fact that we can't afford to live closer in and the assumption is we'll build you know really sort of bare-bones you know value housing at the edge and then we go and ask consumers you know this what you want and they say actually we would be satisfied with a much smaller house smaller than what we can find in the market if you can put it in place where it's you know close to where we ended up our kids for school in the morning and closer to our jobs and closer to shopping the services will sacrifice the square footage and as Charles said what we've seen and we look at the it's that home sizes have been going up and up the share of smaller housing units that we've been building has really shrunk you know particularly since the Great Recession it's gone down quite a bit and when we look out across the country to other places where this is being addressed we see new home sizes of the nine hundred to sixty minutes worth really being picked up very quickly by the market by you know Tiffany slide she showed the young couples and singles and the small families and young families who are looking for that kind of product you know especially if we can put it in places where they want to live where the location is in May they'll sacrifice the square footage we don't see a lot of that happening in some of the places where we do see value housing happening in Orange County does tend to be at the edge it does tend to be bigger you know somebody gets them the 1600 to 1800 square foot range but really we see an opportunity for a lot smaller and higher density housing that's it's it's smaller square footage determinacy is still quality housing and there's a ready market for it the other thing that we wanted to say as a recommendation was to really discourage both the explicit and the implicit inclusion and what we mean by that our places of wear because of the the zoning or because of the particular development agreement that there's a decision that's been made that we're gonna have a minimum lot size here or a minimum square footage in an area and what that does is just drive the price of the housing up and it says that we're gonna have a community where only people who can afford certain size a house when we sell houses by the square foot to make this court footage bigger the houses are more expensive and so we're keeping people out of certain community and as Tiffany pointed out at the outset of our conversation there are a lot of people who need that housing even sometimes where it's not explicitly exclusionary now when you go in with it with a more creative kind of innovative housing solution perhaps a higher density solution a more compact detached single family in infill kind of development that it's tough to get through those those are the Planning Commission hearings and get that approved and so that's what we mean by of course of explosions so those are the heart of design the conditions thank you so before I go through these I just want to remind everybody that these guys weren't that happy with me because I made them only do four they all have a laundry list there was a lot of great thinking that went into this and so the final report will have more than what you're hearing today but the other thing we wanted to do for you is part of this really intense approach is to pull out the top 5 that collectively this entire group of experts thought you really ought to pay the most attention to at least initially and so these are a repeat of some of the things you've already heard but promoting creating a routine and the attainable housing around the transit stops and employment centers you heard that a couple of different times probably secondly looking at those regulations and those regulatory policies and the actual wording of the regula
ions themselves adjusting those so that you're encouraging and technical housing third this idea of corporate leadership or what I call civic leadership which is both anchor institutions and business leaders stepping up creating this task force around this issue because it's important to them if they try to grow their enterprise they need places for their employees in this price range in this income range to find good places to live or else they're not going to have those employees in order to grow their enterprises certainly encouraging that residential design innovation that creates those 20,000 units in 10 years very important there's a lot of good design solution that was discussed by this group and so getting after that and creates some consensus about what that means in practice it would be really important and as part of that that pattern book idea is really one that the group really came up with by the way they didn't want to be to limit them to five either on this and so there's a lot of great ideas that have come out of this group I think that there's a commitment for people to stay engaged there's a commitment for people to want to continue this conversation going forward both in terms of uli but also in terms of the broader community and and there's an interest in you Lola from Uli and being part of this broader conversation so this final report as Scott mentioned earlier will be available probably before the six weeks so that's one of our next action steps but there's this other action plan that we you really need to think about as you're moving forward here you're you've got you're engaged you can get out there and recruit those corporate leaders and the civic leaders maybe even a little bit more and actually create a plan around attainable housing and this is unusual then I congratulate you earlier on it but you've got the spotlight right now actually sit down and create an action plan to get after this will see the uoy members participating in those broader public discussions and I think they're probably even going to organize themselves in a way that makes that easier to do and then finally there's a there's a potential as an immediate action step to create other work products other than the tap report that will help you as part of this discussion it will help you as you're even considering new projects in a variety of communities around the Orlando to help you really move this conversation forward and have some tools available to you do this and the last thing I'll mention and this we're supposed to get on the next steps live and it didn't make it but one of the one of the things that came up as part of our discussion is the fact that this is the Urban Land Institute and the Urban Land Institute is the private development community and one of the things we know we need to do next is to sit down and make sure that from a financial standpoint which is what drives a lot of the decision-making that what we're suggesting to you we think our instincts are that this does work but what we're suggesting to you that we can have the discussion that says yes developers builders others yes you can make money developing attainable housing in the Orlando market in fact in terms of a return on investment it's just as good as building the luxury stuff and the big stuff that you've been building and so we did some very preliminary discussions around that but that's clearly one of the next steps that we want to get great I thought we had to find the sword maybe that was with that we are happy we're a little bit over time and thank you for your patience with us today we're happy to take questions for the panel and I had Scott I don't know if you got any of those final comments or not okay any additional questions yes sir suggestion for homeownership Happyland in a Land Trust and what I'm going to recommend circulating second mortgage approach Wow good point and there are there are a bunch of different ways to solve that issue you're right about that yes attainable housing and local government sort of assurances on the other ends a local government who's potentially giving up money for parsers how how did that other end work in comfortable I'm not sure if that came up in our discussions or not Jeff one of the things it did was we talked about that and how do you limit that homebuyer or that that that resident from not flipping that home and essentially capturing those those values those those savings on the back end and that's real challenge do you do that by some type of a deep restriction or some type of something on the mortgage that allows them to take advantage of those savings those those those lesser savings but that's it that's that's clearly a challenge we think the the biggest factor is the front end and getting getting these residents into these homes and you have an impact being based on a per square foot rather than just a per unit basis a lot of times the the biggest hurdle for visas is the down payment and getting into giving each of these homes on the front end and if you have impact these ten twelve fifteen thousand dollars or more in some communities that's quite a bit when you're asked to put about 20% but it's clearly challenged we recognize that and we certainly don't want the community set to win and keep continuously policing these things we recognize this but even to one of your earlier comments you know you talked about not levying those impact fees until occupancy and occupancy you're going to know what that unit sold for and so it's not a monitoring it's not an enforcement and monitoring function is just okay you know here's the contract here's the closing time you know now that impact fee is X because it's clearly an attainable price point computer I think there are probably some ways for you to get to that so it's not an administrative burden and to pick you back on that the time time value of money if you will between when those typically as in fact these are paid and building permit if it's a large community that's two or three hundred units per se that may take 18 24 months to bring the fruition and to carry on those fees for that period of time before those impacts to the community for the transportation schools the water the sewer ever realized is a tremendous financial burden that has to be borne ultimately by the residents it's just part of the development ah so we can prolong the payment of those then we lessened the burden on the front-end in terms of financial return and able to share that with the ultimate resident by or nautical any other thoughts on that one more good housing for all is looking at a series of one of that the most confirmational ones is to have a conversation with the participant what I like about today and the takeaway Xmas very Sony so like the other side of the implementation side of it being discouraged the only change that well as the municipalities looking at very focused targeted areas were affordable housing makes sense very context-sensitive approach which change that that's the predictable side diverse thriving vibrant communities is to have mixed to follow up and I'm I'm on Alberta's discussions we've been having and loaded about illusion Arizona but was there a conversation and I think the local governments are saying okay I get it Becky your client doesn't one affordable unit for one market rate units is there a tipping point if Jeff can get 25 extra market rate units when it's seen of over 1 workforce where is that kaolin and so we did talk about inclusionary zoning and and certainly worth of further conversation as we go forward we thought it would be sort of if we talk about inclusionary zoning but sort of ignored the fact that we have this both explicit and was the exclusionary zoning going on right now which has a huge impact actually a bigger impact what we might accomplish we thought that you know we kind of landed on the side of the you know if on the one hand we're saying we're going to add a few more units by the conclusionary zoning but meanwhile most of our development practices are our you know saying we're going to really segregate who who lives where by our exclusionary zoning practices it's probably not and part of their conversation was around how do we actually get to scale on these solutions right and regulations often take a really long time to get any kind of scale around them so as you know I I mean honestly our our instinct is always how can we make market adjustments so that the market takes over and gets to get after the solutions that we think make market sense and so I think that's kind of what the team went after anybody looking for a rezoning on property or with that density or units loss I mean again we know that this was a day and a half of really good hard work and thinking but we also know that the conversation is going to continue we're suggesting that you continue it and maybe even elevate it more than you have and you've done a great job of elevating and already engaging that that business leadership we think is critically important getting after these design features simply setting the goal that's great pointed out is a great way to move the dial and to move ourselves forward and I think with that we're 15 minutes over so I'm going to call it a wrap on this thank you again for coming thank you again to the panelists you know you oh I did not have to step up and do this this shows great leadership coming out of the real estate industry and the leaders in that real estate industry and this is what July is best at so please appreciate the fact that they've done this it really took some courage to pull this team together and do it so thank you again for coming I'm sure the panels will stick around if you have individual questions for them on the next little while and thank you again for taking time to come out and hear what they had to say
