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HomeMy WebLinkAbout Item 13-Families Forward, Inc. Request For Approval of an Eight Unit Affordable Housing Project (Applicant Presentation)I I ' FAMILIE FnRVVA 4 MISSION To prevent and end family homelessness by providing access to housing and resources that create lasting stability. 114 Need in the City of Tustin According to census data, 10.4% of Tustin residents are living in poverty. 26.9% of Tustin families are rent burdened, struggling to afford average two -bedroom rental rate of $2,903 per month.* 14.6% of children under 18 years in Tustin are living in poverty.** There are 88 Unsheltered Homeless individuals and 335 Sheltered Homeless individuals in the City of Tustin.*** *2024 U.S. Housing Data **30th Annual Report on Conditions of Children in Orange County ***2024 Orange County Point in Time Creating Lasting Stability Families Forward offers a comprehensive array of services for families who are at -risk or experiencing homelessness. In 2024, Families Forward served over 14,000 Orange County Residents. Prevented or ended homelessness for 642 families, comprising of 2,197 Orange County Residents. Families Forward served 180 Tustin families or 678 Tustin Residents including 434 minor aged children in 2024. Supportive Services Case Management Mental Health Counseling Housing Navigation Basic Needs, including health and wellness resources Career and Education Coaching Community Market Financial Literacy Seasonal Programs (Back to School, Thanksgiving, Holiday Wish) Program Objectives $ac OWN o 0 INCREASE CREDIT INCREASE INCREASE DECREASE SCORE INCOME SAVINGS DEBT Performance Metrics Average length of tenancy is 3 years, 7 months. 80% of our graduate families have moved directly into fair market AX rate u nits. 76% of our graduate families have remained within Orange County. . 30% of families utilize our savings match program paid towards their new housing opportunity. �� 51% of our families increase their household income. Previous Development The Bungalows 0 3ungaic 0 i 'IT I 1 Ail FAMILIES F^CRWARD 3ungalows,, La A'm IN r Aw_ �. i FAMILIES F^CRWARD 'F � qm VIM- - 3 .yf Y •c . 7 4-garm- .y C FAMILIES F^CRWARD AdL �- FAMILIES F RWARD tiZ ml. a vn rf- Tustin Heritage,, Development Partners FUNDERS BUILDING TEAM MMORAN UTILITY SERVICES, INC. i�N CalOptima Health DEVELOPER EDGE ©HUNSAKER & ASSOCIATES I K V I N E, I N C. 11CASC0 CONTRACTORS NO 8 dd U Bettor. PET GEOSCIENCES'" GOUVISenglneering Ro "M dllUg Ifl UUjl. 112 . L A N D S C A P E ARCHITECTURE TRESTLE COM PAN I ES THANK YOU! Contact Information Madelynn Hirneise Chief Executive Officer 949-552-2727 Lauren Hahn Housing Development Director Nishtha Mohendra Chief Program Officer 949-716-5858 949-379-8381