Section 5:

Projected Outcomes Using Form NP-2, outline the anticipated outcomes of the Neighborhood Plan and describe how they will be measured and evaluated using the following example as a guideline.

Category
Neighborhood Outcome

Description Identify neighborhood outcomes to be achieved within the timeframe of the Neighborhood Plan (e.g. if the Neighborhood Plan is a five-year plan, what outcomes will be achieved by the end of the 5-year period).

State Plan Goal

Address the State Plan goal to which each neighborhood outcome is linked

NRTC Objective

Address NRTC objective to which each neighborhood outcome is linked Describe the measurements to be used to track progress toward achieving each neighborhood outcome. (What will be an indicator of whether or not you have achieved your neighborhood goal?) Identify information sources used to support each indicator described above (e.g. Census 2000 data, survey of residents, neighborhood canvas).

Indicators

Data Source

Evaluation

Describe the methodology for assessing progress during the time-period of the Neighborhood Plan.

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FORM NP-2:

Projected Outcomes Form-RESIDENTIAL AND COMMUNITY DEVELOPMENT STRATEGIES-5 YEAR GOAL State Plan Goal NRTC Objective Indicator Data Source Evaluation

Neighborhood Plan Outcome

Neighborhood Revitalization Strategies: Addressing Problem Properties

2 Reduce the amount of abandoned properties by 30% and work with municipality in the enforcement of the abandoned properties ordinance and to make sure of proper upkeep of abandoned properties 1 Reduce property maintenance code violations by X%? (need more info on current code violations) 1 Decrease the stock of Jersey City Dept. of abandoned structures by Code Enforce acquiring and redeveloping 44 properties. Work with Jersey City Code enforcement to make sure ment. owners are up-keeping As of May 2012, there are 147 abandoned exterior of properties and properties-21 % of citywide inventory (properties that priority sites are listed vacant for more than 6 months and in need of through a municipal repairs). We will compare the amount of properties ordinance to encourage in 2012 to the amount in 2017 through s windshield rehabilitation or disposition. survey. Develop partnership with Jersey City Dept. of Code municipality to report code Enforcement. violations and assure enforcement of maintenance codes. Decrease the stock of As of May 2012, there are 110 vacant lots making vacant lots by acquiring and up 430,000 aggregate square feet with average size developing 27 lots. of 30X100. We will compare the amount of properties in 2012 to the amount in 2017 through s State Mod 4 Data. windshield survey. Decrease the stock of As of May 2012, there are 17 foreclosed units. foreclosed homes by Most of them are single and two family homes. There acquiring and redeveloping is a backlog of 2011 foreclosures due to a court 19-25 units. order. Most are related to prolonged unemployment. Numbers may double in 2012. We assume that 15-20 new foreclosures per, or 75-100 for 5 years, Realty Trac and Jersey until the economy stabilizes. We will track and City Division of Tax compare number of foreclosed properties on an Collector. Re annual basis and at the end of the 5 year period.
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2 Reduce the amount of vacant lots by 25% 1 2

Reduce amount of foreclosures by 25%

Reduce impact of preforeclosures on neighborhoods and households by 30%

Decrease the number of households falling into foreclosure by assisting households with foreclosure prevention, loan modifications/workouts, increasing access to employment opportunities, and disposition to 22-30 households. Realty Trac

As of May 2012, there are 46 pre-foreclosures (32 single/two family homes). Owners have lost $135,000 average in equity and have 183% LTV on average due to depleting home values. These pre-foreclosures were recorded between November 2010 and May 2012. 22 are projected to fall into bank ownership in 2013 and 22 in 2014. We project that there will be 75-100 new filings in the next 5 years until the economy stabilizes. We will track and monitor the number of filings and household progress as they receive services.

Addressing Housing Affordability Issues

Neighborhood Plan Outcome State Plan Goal 2 NRTC Objective Indicator Data Source Evaluation

Decrease in the number of individuals paying more than 30% of income towards housing costs

Increase affordable housing (rental and home ownership) by 3% for low to moderate first time home buyers, renters, people with special needs and seniors. 6

We will collect data on number of subsidized households at the end of the 5 year period and compare it to initial figures by reviewing the number of subsidized households by census tract, in the target area. We will collect household income of recipients of affordable housing and require that developers receiving NRTC funds follow affordable housing guideline by requiring no more than 30% of income for housing costs. As of 2009, 19% or 867 households are Increase Home subsidized. In the past 10 years, there was a significant drop in ownership Rate by at units affordable to 4 person household earning 50% AMI from least 5% (65 units+) 24.33% to only 7.52%. Similarly, there was a drop from 49.87% to 18.44% for households at 80% AMI. In 2009, over 43.5% of Increase affordable renters and over 42.92% of owners in the area pay more than rental stock by at 30% towards housing costs. The median income in 2009 was least 10% (85 units) Policy Map, ACS $33,917 for the area, with over 40% of the populations earning
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for low income households, special needs and seniors

less than $25k. At the median income, households can afford a rent of $847 per month when paying 30% of income and $500 per month for those earning under $25k. The rental burden is higher for larger units as over 52% are priced at $1000 or more per month for 3BR+. The Jersey City FMR for a 3 BR unit is $1,534 in 2012, with an income of $61,360 needed when using 30% of income towards housing costs. For home ownership, a household earning $33,917 can afford a $240,000 two family home or a $64,000 single family home, when the average home sale value is $280,000. We aim to create 130 new units of affordable housing.

Provide assistance to at least 40 low to moderate income home owners that are cost burdened and suffering from deferred maintenance on their properties for critical components like roofs, facades, etc. 1

4 Provide pre-purchase education and counseling to at least 200 potential first time home buyers 3 Provide regular information to at least 50 neighborhood households per year on mortgage products that help existing and prospective home owners. 1

Improve property conditions for low to moderate income owner occupied units with grants/loans from $5,000 to Over 42.92% of owners in the area pay more than 30% towards $10,000 per housing costs. Also between 2004 and 2010, there was a reduction household. Policy Map, ACS in home improvement loans from 41 per year, to only 1-4 per year. Improve knowledge of the home buyer process, including budgeting and credit repair by 50% for all Policy Map, ACS. participants. Surveys.

Other
Create a regular walking tour of Historical sites in Greenville. Beautify neighborhood with murals including utility boxes, garbage cans that celebrate ?
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Greenvilles history. Install community notice boards at key attractions ? Host annual events to provide greater sense of community and pride including fairs, festivals, block clean ups, and House Flags ?

State Plan Goals: (1) Revitalize the States cities and towns. (2) Conserve the States natural resources and systems. (3) Promote beneficial economic growth, development, and renewal for all residents of New Jersey.

NRTC Objectives: (1) Alleviate poverty by increasing total household income; (2) Increase disposable income and purchasing power by increasing access to facilities and services at affordable prices, such as housing and health care; (3) Reduce unemployment, including creating jobs, increasing access to jobs, creating business activities, and strengthening existing neighborhood-based business enterprises; (4) Contribute to enhancing the quality of life in the neighborhood, as reflected in physical and/or programmatic improvements, in ways that have the potential to increase the market competitiveness of the neighborhood, and its attractiveness to potential homebuyers and renters. Such improvements include increased commercial activity, improved open space and recreation facilities, and enhanced community, social and educational services.

(4) Protect the environment, prevent and clean-up pollution.

(5) Provide adequate public facilities and services at a reasonable cost. (6) Provide adequate housing at a reasonable cost. (7) Preserve and enhance areas with historic, cultural, scenic, open space and recreational value. (8) Ensure sound, integrated planning and implementation Statewide.

Advocacy Projects (non-fundable through NRTC):

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a. b. c. d. e. f.

Review zoning for all plans- come to GCP Review MLK Red Plan HORP Resources to Greenville- distressed home owners, Trees and Lighting Require RFPs for all projects in Greenville Advocate for APB as tool for eminent domain i. Make connections- APB to crime etc. g. Partner with rebuilding together to offset lack of home improvement loans h. City coordinate paving of streets better with PSEG. Cuts i. Maximize jobs to residents, (also corridors, all activities) j. Help people with Credit k. IDA programs l. Research the Buy back programs m.

Other projects to consider:

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