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Home My WebLink About7951w r RESOLUTION NO. 7951 A RESOLUTION APPROVING A HOUSING AND URBAN DEVELOPMENT APPLICATION FOR ECONOMIC DEVELOPMENT INITIATIVE FUNDING AND DESIGNATION OF SIX NEIGHBORHOODS AS HOMEOWNERSHIP ZONES FOR PURPOSES OF CREATING HOMEOWNERSHIP OPPORTUNITIES THROUGH REMOVAL, ACQUISITION AND REHABILITATION, AND NEW CONSTRUCTION ON VACANT LOTS WITHIN THE AREA KNOWN AS THE PUEBLO "Y" POVERTY ZONE WHEREAS, The City of Pueblo held a Public Hearing on August 30, 1996 for purposes of adopting a Homeownership Zone application for new housing development within six neighborhoods of Pueblo and to hear public comments on the partial implementation of the neighborhood revitalization plans proposed in the Pueblo Community Enterprise EZ /EC Strategic Plan submitted to HUD on June 27, 1994 and; WHEREAS, in recent years, HUD's Office of Community Planning and Development has stressed a coordinated marshalling of resources to facilitate a grantee's ability to engage in comprehensive community revitalization strategies thereby encouraging Community Development Block Grant (CDBG) entitlement grantees to develop comprehensive neighborhood revitalization strategies and; WHEREAS, the City of Pueblo administers various affordable housing programs for purposes of providing safe, decent and adequate housing for low and moderate income households thereby contributing toward the revitalization of older Pueblo neighborhoods; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO COLORADO, that: The Homeownership Zone funding application submitted to HUD under the federally- designated Economic Development Initiative, as detailed in the Federal Register of July 16, 1996, is hereby adopted by the City Council of Pueblo, Colorado and the City Manager is directed to administer such Homeownership Zone application in accordance with applicable rules and regulations permitted under such federal guidelines. The six neighborhoods are individually known as the Core, Eastside (including Eastwood Heights), Hyde Park, Southside and the Northside. INTRODUCED: Sep mhP g , 1996 By John Verna Councilperson ATTEST: APPROVED: 21 Y.- City Clerk Pr ident of the City Council CREATING NEIGHBORHOODS WITHIN NEIGHBORHOODS A Homeownership Zone funding Application Under the Economic Development Initiative (EDI) September 4, 1996 City of Pueblo, Colorado Department of Housing and Community Development #1 City Hall Place Pueblo, Colorado 719 -584 -0830 719 -584 -0830 OMB Approval No. 0348 -0043 APPLICATION FOR 2. DATE SUBMITTED: Applicant Identifier FEDERAL ASSISTANCE 09/12/96 1. TYPE OF SUBMISSION: 3. DATE RECEIVED BY STATE State Application Identifier Application Preapplication / / ® Construction El Construction 4. DATE RECEIVED BY FEDERAL AGENCY Federal Identifier Non - Construction Non - Construction S. APPLICANT INFORMATION Legal Name: Organizational Unit: City of Pueblo, A Municipal Corporation Department of Housing & Community Address (give city, county, state, and zip code): Name and telephone number of person to be contacted on matter involving 1 City Hall Place this application (give area code) Mr. Tony Berumen P. O. Box 1427 (719) 584 -0830 Pueblo CO 81002- 6. EMPLOYER IDULUEWAIW NUMBER 8 4 6 0 0 0 6 1 5 7. TYPE OF APPLICANT: (enter appropriate letter in box) El _ 1 1 A. State H. Interdependent School District B. County I. State Controlled Institution of Higher Learning C. Municipal J. Private University D. Township K. Indian Tribe 8. TYPE OF APPLICATION: ® New 11 Continuation Revision E. Interstate L. Individual F. Intermunicipal M. Profit Organization G. Special District N. Other (Specify) If Revision, enter appropriate letter(s) in box(es): ❑ ❑ 9. NAME OF FEDERAL AGENCY: A. Increase Award B. Decrease Award C. Increase Duration D. Decrease Duration Other (specify): U.S. Dept. of Housing & Urban 10. CATALOG OF FEDERAL DOMESTIC 14-24 6 I 11. DESCRIPTIVE TITLE OF APPLICANTS PROJECT: ASSISTANCE NUMBER City of Pueblo's Homeownership Zone TITLE: Economic Development Inititive (EDI) funding is designed as a Neighborhood Revitalization program to make a visual impact by developing housing for low - 12. AREA AFFECTED BY PROJECT (cities, counties, states, etc.): and moderate-income persons within Pueblo, CO Neighborhood Revitalization Strategy 13, PROPOSED PROJE,T: 14, CONGRESSIONAL DISTRICTS OFN Start Date Ending Date a. Applicant b. Project 10/01/96 09/30/98 .3rd Congressional District 3rd Congressional District 15. ESTIMATED FUNDING: 16. IS APPLICATION SUBJECT TO REVIEW BY STATE EXECUTIVE ORDER 12372 PROCESS? a. Federal $ 1, 7 91, 0 0 0 .00 a. YES THIS PREAPPLICATION /APPLICATION WAS MADE AVAILABLE TO THE STATE EXECUTIVE ORDER 12372 PROCESS FOR REVIEW ON: / / b. Applicant $ Q .00 DATE c. State $ Q .00 b. NO © PROGRAM IS NOT COVERED BY E.O. 12372 A Local $ Q .00 OR PROGRAM HAS NOT BEEN SELECTED BY STATE FOR REVIEW e. Other $ Q .00 f. Program Income $ Q .00 17. IS THE APPLICANT DELINQUENT ON ANY FEDERAL DEBT? Yes If "Yes," attach an explanation ® No g. TOTAL $ 1,791,000 00 18. TO THE BEST OF MY KNOWLEDGE AND BELIEF, ALL DATA IN THIS APPLICATION / PREAPPLICATION ARE TRUE AND CORRECT. THE DOCUMENT HAS BEEN DULY AUTHORIZED BY THE GOVERNING BODY OF THE APPLICANT AND THE APPLICANT WILL COMPLY WITH THE ATTACHED ASSURANCES IF THE ASSISTANCE IS AWARDED. a. Typed Name of Authorized Representive b. Title c. Telephone number Lewis A. Quigley City Manager (719) 584 -0830 d. Signature of Authorized Representative e. Date Signed 09/12/96 Previous Editions Not Usable Authorized for Local Reproduction Standard Form 424 - (REV 4-88) Prescribed by OMB Circular A -102 U. S. Department of Housing and Urban Development Consolidated Plan System SF424 Supporting Document In reference to submission: Applicant Identifier: State Identifier: Federal Identifier: Contact person: Mr. Tony Berumen (719) 584 -0830 17. If applicant is delinquent on any Federal debt, attach an explanation: N/A Homeownership Zone Application: Table of Contents SF 424 Application for Federal Assistance Homeownership Zone: Table of Contents Certification Submittal Letter Executive Summary Introduction HOMEOWNERSHIP ZONE: NARRATIVES Section I - Measurable Visible Improvement in the Neighborhoods Section II - Mix of Incomes Section III - Leverage of Resources and Partnerships Established Section IV - Involvement of Community Residents and Homeownership Opportunities Section V - Housing Development Role in Comprehensive Revitalization of Neighborhoods - Homeownership Zone Project Budget - Extent of Need for EDI to Support 108 Loan - Unit Costs as Result of EDI Section VI - Streamlined Process for Rapid Construction and Cost Savings Section VII - Benchmarks and Measurements Section VIII - Recent Urban Housing Design and Creation of Sense of Neighborhood APPENDICES Appendix I - Neighborhood History, Distress, Statistics Appendix II - Maps of Pueblo Appendix III - Letters of Commitment E xecutive Summary Executive Summary Pueblo is not a wealthy community and the six neighborhoods identified in this Homeownership Zone application truly suffer from pervasive poverty. The federal register of January 25, 1995, Notice of Fiscal Year 1995 Consolidated Formula Allocations for the HOME Investment Partnership Program, designates Pueblo as severe fiscal distress community and, therefore, eligible for a 100 percent reduction in the match requirement for the HOME program. This Homeownership Zone application under the Economic Development Initiative (EDI) identifies a key strategic direction to implement concentrated housing development projects that will result in making large scale measurable visible improvements in six distressed neighborhoods within a short period of time. The Homeownership Zone application will capitalize and build on existing organizational capacity and partnerships to achieve the housing development projects in the Homeownership Zone. Successful funding of this application will continue the implementation of the more comprehensive neighborhood strategy plan prepared by the City in the EZ /EC application submitted in fulfillment of the application requirements for designation as an Empowerment Zone in the summer of 1994. The Homeownership Zone areas evolve from a neighborhood development plan defined over a period of several months with community citizens and a number of specialists working together to evaluate the needs and opportunities and craft a series of strategic directions that focused on the six target neighborhoods. That comprehensive process included six major steps: Evaluating needs, assets and opportunities Analyzing local resources Identifying program gaps and implementation barriers Developing a strategic vision and goals Determining key strategic directions Developing a process for implementation The Pueblo "Y" The target • areas identified in this EDI application for Homeownership Zone funding correspond to an geographic area traditionally defined as the Pueblo "Y" (see map). The "Y" has historically been an area beset by pervasive poverty. The six neighborhoods in the "Y" have become known as: Hyde Park The Northside The Core The Eastside The Southside Eastwood Heights 4. NeWo "Y" Powf ly tJiy ?. I .)w Moceri-e r..-uw CT i Nosh �. LI T2 Homeownership Zone EDI Application xecutrve 75 mary Of the fifteen census tracts that encompass the neighborhoods, six census tracts have poverty levels more than 35 percent with the remaining eight census tracts having poverty levels above 25 percent. It is within these neighborhoods —the fifteen census tracts identified —that Homeownership Zone and EDI funds will be targeted for new housing development to fuel the engine toward neighborhood revitalization. Homeownership Zone Vision and Goals While needs and assets varied for each neighborhood, there existed a series of common elements shared by all neighborhoods. The need to upgrade the housing stock was identified by all neighborhoods. It is the goal of this application to help make the six neighborhoods within the geographic area know as the Pueblo "Y" the "heart" of our community once again. Key Strategic Direction Implementation for the Homeownership Zone housing projects resulted in the development of one key strategic project direction and a series of priority strategies to accomplish this one direction. The key strategic direction represents the primary areas of focus for each of the six neighborhoods. The key strategic housing development role will include: . Strategic Direction #1 - Develop a Comprehensive Housing Development/ Delivery System to include: Using existing Housing Partnerships to Implement and Create New Housing Opportunities Within the Target Areas Enhancing Neighborhood Involvement by Establishing Homebuyer Clubs Within the Neighborhoods for Resident Participation and Involvement and Empowerment to become homeowners While additional strategic directions were considered as part of the process, it was felt that the above key direction would generate a focused effort that could create considerable positive impact over a relatively short period of time. Initial community partnerships have been identified in this application. In many cases, the partnerships reflect an expansion of existing relationships. In others, new partnerships will be created to achieve the required actions. Time Frame It is expected that this application will help in developing 300 new housing units for Homeownership in the target Homeownership Zone. This will be accomplished by: Acquisition of vacant/boarded up housing structurally sound to allow substantial rehabilitation. 2 Homeownership Zone EDI Application .71t7 u_ New construction on City /County donated vacant lots as well as privately -owned lots. Relocation of 23 homes, as a result of a major highway expansion to new sites in two of the six neighborhoods to complement the new and housing rehabilitation development. Recycle vacant lots for new home construction from previous years City clearance efforts and private lots. Homeownership Zone EDI Application ntro uction Introduction In the 1970's, much of the new development in Pueblo migrated to the suburbs, as happened throughout many U.S. cities. The Pueblo Mall was also built on the outskirts of town, causing migration of a significant portion of the retail dollars and tax base. As a result, the Core Neighborhood and surrounding five neighborhoods targeted in this application declined, not only in population, but economically, socially and physically. Under the May 1, 1995 Federal Register, the census tracts in the Homeownership Zone qualify as statutorily mandated designated qualified census tracts and difficult development areas for purposes of section 42 of the IRS code of 1986. The decline of these neighborhoods has led to the city -wide effort to target the areas for comprehensive revitalization. Selection Process of the Six Neighborhoods for Homeownership Zones The Pueblo City Planning Department working in conjunction with Pueblo City Housing and Community Development and active neighborhood groups, reviewed information from Pueblo's Enterprise and Empowerment Plan document (EZ/EC) and the EDI requirements as outlined in the Federal Register dated July 16, 1996, Funding Availability and Program Guidelines for the Economic Development Initiative (EDI). After reviewing poverty rates, geography, unemployment rates, and boundaries, several alternatives were considered, mapped by census tracts and neighborhood boundaries that would be continuous, geographically residential in character for a Homeownership Zone. The end result is the six neighborhoods within the area collectively known as the "Y" depicted below. The Neighborhoods within the "Y" are: The Core Eastside Eastwood Heights Hyde Park Southside Northside Resource Focus 1......:::, ....., Homeownership Neighborhoods Targeted as uRhsr : — f :: :: i EASTWO ;:....... ��,a W22dS15 : S HEIGHTS Qpkshirp Ln i :....: " " ":.. i W 111h5 ....1:.... ... i:i i'i:5....... ' ;i; ;i �• : : ::1ASTS1W:: :: ' Q:: a� , ............. y4 r ... .. .. ...:.. ... ............ 1 f i.. .; 25 Pueblo has a successful history of implementing new federal programs. As part of the implementation 4 Homeownership Zone EDI Application nuo ucnon strategy for the Homeownership Zone, the City has identified a series of benchmark and measures which will allow planned Homeownership Zone progress to be measured and realignment or refinement to occur based upon both qualitative and quantitative feedback to achieve maximum impact in a relatively short period of time. CDBG/HOME Funds will be used and coordinated with ongoing city funded infrastructure improvements with the EDI and Section 108 Loan program in the Homeownership Zone project area, thus creating a visual impact in the neighborhoods. Other federal, state and local resources have also been focused to ensure the maximum impact of EDI funds. This application contains Appendices that will provide background and reference material for each of the neighborhoods, as well as information specifically requested as part of the July 16, 1996, Federal Register detailing the EDI Notice of Funding Availability. The Homeownership Zone application is divided into sections. The following sections contain narratives as required under the NOFA for the Homeownership Zone selection criteria. Section I - Measurable Visible Improvement in the Neighborhood A written narrative that describes the present distress and proposed EDI funded activities, number, location and time frame of the proposed projects and the expected visible effect. Section II - Mix of Incomes A written narrative on the designation of the City of Pueblo by HUD as having an approved CDBG Neighborhood Revitalization Strategy, whereby, mixed income homeownership is more likely. Section III - Leverage of Resources and Partnerships A summary of key local resources that are available to implement the Homeownership Zone process as well as a broad matrix that provides an initial inventory of federal, state and local programs. Section IV - Involvement of Community Residents and Homeownership Opportunities A summary of the proposed "homeownership" club from conducting neighborhood meetings and workshops which will be used for qualifying residents in the six target neighborhoods. Section V - Housing Development Role in Comprehensive Revitalization of Neighborhoods A narrative describing the major housing development to be undertaken in the Homeownership Zone area and the Homeownership Zone budget. Section VI - Streamlined Process and Cost Savings for Housing Development Construction 5 Homeownership Zone EDI Application ntm uction Implementation Section VII - Measurements and Benchmark Section VIII - Recent Urban Housing Design for Sense of Neighborhood Appendix I - Neighborhood Distress and Boundaries Background information and statistics for each neighborhood, supporting the declaration of pervasive poverty and distress. . Appendix II - Maps of Pueblo A record of distress factor maps . Appendix III - Letters of Commitment A compilation of letters demonstrating commitment and support for the plan. 6 Homeownership Zone EDI Application Section L Measurable Visible Improvement tote Neighborhoods Section I: Measurable Visible Improvement in the Neighborhoods Most blighted neighborhoods have common areas of boarded -up housing and vacant lots, which are major impediments to private re- investment or housing development. This application seeks funding to remove these blighted eye -sores on a large scale followed by new housing development. The following map displays a sample of the location of 100 boarded -up housing units from the records of the Regional Building Department, housing code enforcement agency for the City of Pueblo. While Pueblo has many more such units it is evident from the plotting of these 100 units that most are located in the Homeownership Zone neighborhoods. New "Neighborhoods Within Neighborhoods" The Homeownership Zone housing development plan requests funding for the removal of this eye- sores, but in order to make a larger visual impact there are opportunities in the Homeownership Zone, primarily within the Eastside and Hyde Park, to create infill housing developments, when coupled with substantial rehabilitation of structurally Vacant Boarded r up Housing in Neighborhoods sound boarded -up housing, and demolition of eye -sores will create new neighborhoods within existing neighborhoods. The successful accomplishment of this Homeownership Zone development will create renewed pride and enthusiasm within the neighborhoods of Pueblo. The renovation of 100 vacant and boarded up housing as well as the creation of 200 new infill home construction units and the proximity of each of the surrounding five neighborhoods to major beautification projects in the Core Neighborhood, will soon become apparent to residents of the creation of new "neighborhoods within neighborhoods." Homeownership Zone Housing Projects for Neighborhoods The following outlines the key measurable and visual impacts that will be undertaken through this EDI application for funding. Demolition of 100 boarded -up homes around new housing development areas, acquiring 70 economically feasible to rehabilitate for first time homebuyers with construction to start within 60 days after notice of grant award. New Construction for 110 units by private homebuilders on new infill housing starts on private lots, City /County vacant lots or newly available lots left vacant from clearance Homeownership Zone EDI Application ectwn emum a Visible Inipmvement in the Neighborhoods activities under the CDBG program with construction to start within 60 days of grant award New construction on private vacant lots, or City/County vacant lots for 97 single family entry level homes for first or move up homes for low, moderate and middle income households with construction starting within 60 days of the grant award Relocate 23 existing units to Homeownership zone neighborhood where new housing development is taking place. Units are to be purchased from State of Colorado Highway Department for low, moderate and middle income households with construction starting within 60 days of the grant award a Homeownership Zone EDI Application ectio= come Section II: Mixed Income — Attempts to Attract Households In August of 1996, the City of Pueblo amended the current Consolidated Plan to adopt a Neighborhood Revitalization Strategy based on CPD 96 -01. Housing units assisted pursuant to the strategy may be considered to be part of a single structure for purposes of applying the low and moderate - income national objective criteria, thus providing greater flexibility to carry out housing program that revitalize the six neighborhoods. It is intended that housing opportunities for mixed income groups will be made possible by having the City provide downpayment assistance and gap loans using CDBG funds for households up to 115% of median income that buy or build housing in these Homeownership Zones. Of the proposed 300 new housing units, approximately 90 -130 will be for households between 80% to 115% of median income. The remaining units will be for households below 80% of MI with downpayment assistance provided from HOME funds. In addition, private mortgage funds under a local lender program will be made available as first mortgage funds for eligible households. 9 Homeownership Zone EDI Application Section Leverage of esources and Partnerships Established Section III: Leverage of Public and Private Resources and Partnerships Established The Pueblo Homeownership Zone program will be administered by the City of Pueblo through the Department of Housing and Community Development. The City of Pueblo has a successful history of implementing new federal programs. The Department of Housing has administered the Community Development Block Grant program and the HOME grant since the inception of the programs. Over $23 million dollars of federal CDBG assistance has been administered for projects and programs throughout the City since 1975. Since the start of the HOME federal program in 1992, the City of Pueblo has provided assistance to over 400 new first time homebuyers. The City of Pueblo will take the lead role when needed serving as the "developer" of new "neighborhoods within neighborhoods." NHS has been very successful performing the role of developer in the Hyde Park area by providing or acquiring land, planning the project and developing the housing, with the City providing assistance for downpayment assistance and some infrastructure. The City hopes to continue this partnership within other neighborhood areas. Key Strategic Direction for Comprehensive Partnership The key strategic direction the partnership will take will be to develop a comprehensive housing development and delivery system. The following charts document each of the actions and specific issues associated with implementation, including the lead agency, timing and neighborhood impact: to Homeownership Zone EDI Application echon Leverage of Resources an artners tps sta is e Strategic Direction #1 Develop a Comprehensive Housing Development and Delivery System C - Core H - Hyde Park E - Eastside S - Southside N - Northside EH - Eastwood Heights Early in the Homeownership Zone planning process, a variety of local, state and federal resources were identified to meet the financial sources of funds for the proposed housing projects in the six Pueblo neighborhoods. This section provides a summary of some of the key local financial programs that form an existing resource base. A more complete listing of community -wide programs and federal linkages is included in matrix form at the end of this narrative section. In addition, we have identified whether the funds are expected to impact one or more of the six target neighborhoods identified within the plan. 11 Homeownership Zone EDi Application Neighborhoods Strategy Action Year Lead Agency C H E S N E H 1 Create New Housing Research entry level home plans, 1996 NHS, Dept. of Products RFP to private homebuilders and Housing. Habitat for • • • • • provide City -owned vacant lots Humanity 2 Connect Renovation Identify vacant, oar e -up 1996 Dept. of Housing, to New Housing housing locations and acquire and Regional Building • • • • • • rehabilitate 3 Link Oppo EMt es with Create partnership with NHS and 1996 Dept. of Housing, Non - Profit /Private Habitat for Humanity , private NHS, HAP • • • • • • Entities homebuilders 4 Enhance Lender Define qualifying parameters and 1996 Fair Housing Task Programs target loan locations; market to Force, Private Lenders, neighborhood residents Neighborhood non- • • • • • • profits 5 Develop Acquire land, pan neighborhoods 1996 Dept of P ammng Dept "Neighborhoods and finance infrastructure of Housing • • • Within Neighborhoods" 6 Coordinate Demolition Prepare, schedule, coordinate 1996 Regional Building and Renovation demolition with new housing Dept., Housing Dept. • • • • • • development C - Core H - Hyde Park E - Eastside S - Southside N - Northside EH - Eastwood Heights Early in the Homeownership Zone planning process, a variety of local, state and federal resources were identified to meet the financial sources of funds for the proposed housing projects in the six Pueblo neighborhoods. This section provides a summary of some of the key local financial programs that form an existing resource base. A more complete listing of community -wide programs and federal linkages is included in matrix form at the end of this narrative section. In addition, we have identified whether the funds are expected to impact one or more of the six target neighborhoods identified within the plan. 11 Homeownership Zone EDi Application Section Leverage of esources and Partnerships Established A Sample of Key Local Programs and Resources that Exist for the Pueblo Homeownership Zones These local resources are making a difference in Pueblo. Their descriptions in this section are grouped according to primary service /activity area and are listed below in alphabetical order for ease of reference. Communities of Pueblo Strategic Plan HOPE Alive Housing Authority of the City of Pueblo Minnequa Redevelopment Corporation Neighborhood Housing Services Posada - Shelter for the Homeless Pueblo Enterprise Zone Pueblo Police Department Pueblo Renaissance Project Senior Resource Development Agency Small Business Development Center Youth Incentive Program Other Major Federal Funding Identified for the Application Department of Housing and Urban Development (HUD) ■ Community Development Block Grant Funds (CDBG) Pueblo receives approximately $1.9 million per year through this program. The local CDBG Advisory Committee has approved the realignment of funds which would focus a minimum of 35 percent of the annual allocation over the next five year period to focus in the six target neighborhoods. ■ Federal HOME Program Funds Pueblo is expected to receive approximately $850,000 through this program. A significant percentage of HOME funds will be set aside for the 300 units of new housing. Department of Health and Human Services ■ Pueblo County Department of Social Services For fiscal year 1994, $38,660,707 in federal funds served a wide variety of health and human services program areas. A detailed breakdown of programs affecting the Pueblo "Y" is not available, but a significant portion of target recipients are located in this area. Summary of Other Public, Non - Profit and Private Resources State of Colorado 12 Homeownership Zone EDI Application Section Leverage of esources and Partnerships Established ■ Department of Transportation $200,000 in Highway User Trust Funds (HUFTA), could be dedicated annually for street resurfacing within the Pueblo "Y." These funds could be coordinated with the EDI program to leverage the resource. ■ CHAFA (Colorado Housing and Finance Authority This state housing agency targets Pueblo with regular state revenue bond mortgage programs in participation with local lenders for households up to 115% of MI. The City of Pueblo was successful in assisting over 150 new first time homebuyers during the period 1992 to 1993. The City is attempting to have CHAFA administer a new 12 million dollar bond issue in November or December of 1996. ■ Conservation Trust Fund - Colorado Lottery The City receives approximately $713,000 annually from the Conservation Trust Fund. These funds could be coordinated with the EDI program to leverage additional resources. Pueblo City /County ■ Mortgage Revenue Housing Bonds The City has $5 million in Private Activity Bond issue that can be used to leverage $7 million by restructuring of an old single family bond issue. Efforts are currently underway with CHFA to develop such a program.. This could create a substantial resource for housing and first mortgage financing for the residents of the Homeownership Zone. City of Pueblo ■ Half Cent Sales Tax The citizens of the city of Pueblo through an election voted to tax themselves an additional half cent in sales tax for the purpose of job creation and capital improvement within the City. To date, these funds have been utilized to locate a major employer within the Southside and another within the Core neighborhood. This tax generates approximately $3.5 million annually with a large portion of the proceeds having been utilized within the Core Neighborhood. ■ 1.55 Percent for Social Services On July 23, 1986, the Pueblo City Council passed a resolution which includes an annual appropriation of 1.55 percent of the current expenditures of the general fund budget for expenditures in the area of social services. This is a resource available for health and human services programs within the Homeownership Zone. Non - Profit Commitments 13 Homeownership Zone EDI Application Section Leverage of esources and Partnerships Established Pueblo Enterprise Zone The Pueblo Enterprise Zone was established on September 15, 1986 and is part of the State of Colorado's Enterprise Zone program under the Colorado Urban and Rural Enterprise Zone Act. Incentives 1. Three Percent Investment Tax Credit 2. $500 Job Tax Credit 3. $500 Tax Credit for Agricultural Manufactory Processing Facilities 4. $200 Health Insurance Tax Credit 5. Manufacturing Equipment Exempted from State Sales and Use Tax 6. Research and Development Tax Credit 7. Twenty -Five Percent Tax Credit to Rehabilitate Vacant Buildings up to $50,000 8. Fifty Percent Tax Credit for Private Contributions to Zone Projects up to $100,000 Minnequa Redevelopment Corporation The Minnequa Redevelopment Corporation —a merchant association —to support and encourage business development in the Southside. They also tackle many of the neighborhood's housing problems. Programs they promote are: ■ Adult literacy programs ■ Parent training— teaching parents how to help their children succeed in school ■ Alternative schooling in vocational skills, as well as traditional crafts ■ Community service for expelled kids ■ Neighborhood policing ■ Assistance in development of more affordable housing Neighborhood Housing Services Residents of the Northside and Eastside neighborhoods are fortunate to have Neighborhood Housing Services (NHS) actively working for housing improvements in their area. NHS is an activist group that has helped to collect and administer both private and public sector funding on behalf of the neighborhood. NHS initiated their efforts in Pueblo 16 years ago and in the Northside in 1987. Since 1987, they have established quite a track record. Last year, NHS has assisted in 61 new home construction projects providing housing for new homebuyers under their Affordable Housing Program. In addition, they provide counseling on homeownership responsibilities and will play a very active role in the Homeownership Zone process. For the 36 new homes to be built by NHS, funds would be available through the NHS national office of Neighborhood Housing Services of America. Housing Authority of the City of Pueblo (HAP) The mission of the Pueblo Housing Authority is to provide safe, decent, sanitary, and affordable housing to families and elderly of low and moderate income, and to improve and maintain existing 14 Homeownership Zone ED] Application ecnon I Leverage of esources and PaFM_c_rs9Mps_T_staF7isTi7e housing stock. The HAP currently owns and maintains 911 low rent housing units in Pueblo and is responsible for the administration of 1500 privately owned units under the various Section 8 programs. The hard work, experience and dedication to the accomplishment of the mission by the agency is reflected by the recognition given to it by the U.S. Department of Housing and Urban Development. The HAP was awarded the designation of a high performer with a rating of 97.6 %. The designation was one of the highest awarded in the country for an agency its size. HAP had received preliminary approval by late July, 1994 for a "Farmworker Housing Program." This is a FMHA program and would provide 38 units of new construction to families who earn a minimum of 25% of their income from agriculture - related work. These are currently being constructed the Homeownership Zone area. HOPE Alive A social justice group — Helping Organize for Pueblo's Empowerment — or HOPE Alive — has established a presence in the Hyde Park, Eastside, and Southside Communities. The organization was founded in 1984 by church and community leaders to provide low- income people, Latinos, Blacks, churches, and others concerned with community justice with a vehicle to address issues effectively. HOPE Alive has trained a leadership team that has actively requested neighborhood improvements from the City of Pueblo. HOPE Alive has recently been the lead organizing agency lobbying to keep the Hyde Park Elementary School open. The School Board has considered closing the school because of declining enrollment. HOPE Alive has played a proactive role in keeping other schools open in four other poor, highly minority resident communities in Pueblo. IS Homeownership Zone EDI Application Section III: Leverage of Resources and Partnerships Established Pueblo Homeownership Zone Matrix of Programs Program Name Existing or Applied for Dept/ Organization Program Description Target Recipients Current Funding or Services Funding Period HOUSING Pueblo Buy -It Fix -It Program Existing Dept. of Housing Homeownership 80% Pueblo Median H.U.D. 10/1 -9/30 Downpayment Asst. (HDAP) Existing Dept. of Housing Homeownership 80% Pueblo Median H.U.D. 10 /1 -9/30 Owner Occupied Rehabilitation Existing Dept. of Housing Remodeling 80% Pueblo Median H.U.D. 10/1 -9/30 CDBG Existing Dept. of Housing Community Development Projects 80% Pueblo Median H.U.D. 10 /1 -9/30 HOME Existing Dept of Housing Affordable Housing 80% Pueblo Median H.U.D. 10/1 -9/30 Vacant Lot Recycle Program Ex /App Dept of Housing Home Ownership Low /Moderate Income Affordable Housing Program Ex /App NHS Affordable Housing Low /Moderate Income Self -Help Rehabilitation Ex /App NHS Self -Help Rehabilitation Low /Moderate Income It's Your Move Existing Assn. /Realtors Home Ownership education /youth Pueblo youth Colorado Assn. of Realtors 1/93 -12/94 Peoples Mortgage Existing FHA 203(K) Acquisition with Rehabilitation Acquisition with Rehabilitation Private Lender Loans currently Norwest Mortgage Existing D -CHOP & CHOP up to - 115% median income up to 115% MI private lender Loans currently CHFA Existing Mortgage Bonds up to 115% MI up to 115% MI State of Colorado PAB Existing Mortgage Bonds up to 115% MI up to 115% MI Private Activity bonds Oct 96 16 Homeownership Zone EDI Application ecnon Involvement of ommunity Residents and Homeownership Opportunities Section IV: Involvement of Community Residents and Homeownership Opportunities Neighborhoods must accommodate change in local Homeownership Zones projects due to changes in need, funding resources or program coordination. To accommodate these changes without losing sight of the original intent, a process must be developed for ongoing refinement and review. The process includes substantial interaction among the neighborhood participants in the planning process and political bodies, including: ■ Monthly workshops in each of the six neighborhoods to discuss progress, marketing, refinement and the implementation of specific program initiatives. These sessions will be summarized and become part of the ongoing reporting process. ■ Monthly workshops with program providers to evaluate the development of detailed program initiatives, refine existing programs and evaluate new opportunities to achieve the key strategic direction identified in the Homeownership Zone plan. ■ A forum with federal and local resource providers on developing additional partnerships and coordinating existing linkages. ■ A forum with private counselors, lenders, neighbors residents to establish a comprehensive referral system or "homebuyer club" for qualified homebuyers early in the implementation stage, starting within the neighborhoods. Each of the quantitative goals in this document includes an annual target associated with the desired outcome. 17 Homeownership Zone EDI Application Section Housing Development Role in Comprehensive evna ¢anon o eig or oo s Section V: Housing Development as part of Comprehensive Revitalization of Neighborhoods Any new housing development within the Homeownership Zones must be made affordable. Presently, with new home construction in Pueblo averaging $100,000, it is difficult for first time home buyers of low and moderate income means to access the current housing market. Given the nature of the market and issues associated with affordability, it is critical that we develop a concentrated housing development program. Central to this argument is the assumption that neighborhoods share a common need for appropriately scaled housing and a broad mix income and housing types. This Homeownership Zone total budget will total approximately $20,131,000, of which $1,791,000 is being requested from EDI. A similar amount of $1,791,000 will be requested from a section 108 loan. Existence of Need for EDI to Support Projects and 108 Loan The EDI funds requested in the amount of $!,791,000 will greatly improve the feasibility of the 300 proposed housing projects (see Homeownership Zone budget) by helping with affordability gaps and housing development costs such as: ■ Infrastructure costs and magnitude that inhibit investment in older neighborhoods ■ Today's wage and material costs of new construction making it difficult for new construction to be competitive with the older housing stock ■ The perception of risk and the lack of profit incentive for private home builders in older neighborhoods, resulting in a lack of interest in new construction in these areas ■ Lack of resources due to the dispersed geographic areas being served by federal dollars ■ Major rehabilitation and physical problems associated with foundations and structures, including asbestos and lead based paint often making rehabilitation of structures cost prohibitive ■ Difficulty creating a housing product for many of the existing narrow vacant lots (50' wide or less) ■ Lack of funding to acquire and rehabilitate vacant homes and building on vacant lots after demolition ■ Lowering price of rehabilitated homes to affordable level for lower income families and targeting Section 108 Loan for mortgage financing for families and allowing stronger payback Strategic Direction for New Housing As discussed in Section IV, the Homeownership Zone partnerships will be established with the focus on the key strategic direction of developing a comprehensive Housing Development and Delivery System to create a new "neighborhoods within neighborhoods." It is intended to develop land already vacant and owned by the City and County governments to include substantial rehabilitation of vacant homes structurally sound and feasible to rehabilitate. The following five priority strategies will be undertaken to assure the creation "neighborhoods within neighborhoods" and assure fulfillment of this comprehensive housing delivery program: 18 Homeownership Zone EDI Application Section Housing Development Role in ompre ensive evna tzanon o egg or oo s Housing Priority Strategy #1 - Create New Entry Level Housing Products on private and City /County Vacant Lots Existing housing products being delivered by the market do not address the affordable needs associated with low and moderate income households. Extended families, elderly, female head of households with children, single parents, singles and couples with no children, all require housing products within an affordability range of $65,000. By building on vacant lots and funding larger infrastructure costs with EDI funds, it will be possible to build affordable housing units and at the same time enhance the visual impact of the neighborhoods within the Homeownership Zone. Time Frame Ne u Housll�g Dew ownenPAreas s Hyde r, $astslde Eastwood NortWde Heights ♦' � `� � .___ �/ � �� CoreNeighhnth�od � Develop a joint program with the private sector, NHS, and Habitat for Humanity within 60 days after funding approval to begin new construction of new homes in the price range of $65,000 on vacant lots in the above target areas for low and moderate income purposes and provide CDBG and HOME downpayment assistance for first time homebuyers. The areas indicated on the map have been the focus of new affordable housing development by NHS, Habitat for Humanity and the City for entry level housing. The City and County can continue to provide land, and private and non profit homebuilders can construct the houses. Program Partnership Opportunities - Local Lenders - Housing Homebuilders /Developers - Fair Housing Task Force - Pueblo Regional Building Department - Pueblo Department of Public Works - Pueblo Planning Department - Pueblo Housing Department - PHA - NHS ■ Housing Priority Strategy #2 - Acquiring Vacant, Boarded -up Housing, Rehabilitate those structurally sound to sell to First Time Homebuyers; demolish those not feasible for rehabilitation coordinate demolition and renovation programs 19 Homeownership Zone EDI Application Section Housing Development Role in ompre ensrve Revitalization of eig or oo s Time Frame Within 60 days of grant approval, develop a schedule of demolition for homes not feasible to rehabilitate and are eye -sores and that are located near new home construction sites. We will build on these newly created vacant lots homes in the price range of $58,000. By substantially rehabilitate homes that are structurally sound and relocating 23 existing units we will ensure maximum impact over a short period of time and improve the real and perceived market value in the area. Develop a coordinated program between the City and neighborhood groups /non -profit organizations within sixty days after grant approval to identify specific structures for demolition and renovation within the six neighborhoods. This process is intended to gain resident support. Program Partnership Opportunities - Local Non - Profits (NHS, HOPE Alive, Family Counseling Center) - Neighborhood Organizations - Pueblo Housing Authority - Pueblo Department of Housing - Private Lender under the FHA 203(K) program - Pueblo Regional Building Department - Etc. ■ Housing Priority Strategy #3 - Expand Partnership with new development opportunities created by the Private Sector with incentives to build higher cost homes in the Homeownership Zone area on a larger scale. There is generally a lack of coordination between government and the private sector in targeting housing renovation and providing new housing products. In many cases, larger homebuilders /developers feel the government is encroaching on this market. However, in order to attract a mix of income and homes we will need to expand our partnership with private sector homebuilders to provide housing opportunities for households in the 80 -115% Pueblo Median Income. Time Frame Within 15 days of grant approval, provide a Request for Proposals (RFP) to the community homebuilders at large of the availability of infrastructure buydowns for private homebuilders willing to build entry homes after infrastructure buydowns for under $80,000 in the Homeownership Zones where vacant lots are available or private lots. The City /County Vacant Lot Recycle Program, which donates lots at no cost to homebuyers, could be made available to more local homebuilders increasing the new home construction on vacant lots as well as private lots. Housing Priority Strategy #4 - Enhance Existing Lender Programs While some local lenders have been actively involved in packaging low and moderate income loans, there is no comprehensive, coordinated program for qualifying buyers, targeting specific neighborhoods in need of assistance and ensuring broad -based education and information dissemination. Efforts will be 20 Homeownership Zone EDI Application Section Housing Development Role in Comprehenswe Revitalization of eig or oo s made to develop a comprehensive "homebuyer" club with strong support from lenders and residents in the targeted neighborhoods, thereby allowing neighborhood residents to become homeowners. In addition, non - profit counseling agencies can prepare potential homebuyers for qualifying after initial denial due to credit problems. Time Frame Meet within 15 days of grant approval meet with lenders to define specific parameters for qualified buyers in target neighborhoods. Those not immediately qualified will, over a six month period, undergo debt counseling sessions. Work with organizations such as NHS and Family Counseling Service to assist in the identification of qualified buyers. Identify specific loan targets for each neighborhood which can be appropriately packaged utilizing private and public mortgage funds under CHFA, NHS, or the City of Pueblo and private lender loan products. Program Partnership Opportunities - Family Counseling Services - Credit Counseling Services - NHS - Neighborhood Groups /Churches - Etc. ■ Housing Priority Strategy #5 - Develop New "Neighborhoods Within Neighborhoods" Coordinate all housing development within Homeownership Zone neighborhoods , primarily within the Eastside and Hyde Park, to create infill developments consistent with existing neighborhood scale and character. With new housing on vacant lots, substantial rehabilitation of existing boarded up housing and infrastructure improvements the impact is to create new neighborhoods within neighborhoods. Time Frame Identify key vacant parcels of public ownership or private parcels that are now available or can be acquired cost - effectively within 60 days of grant approval. Build on existing conceptual plans to develop one or more infill developments of approximately 60 to 100 lots in the Eastside and Hyde Park, with the City and NHS acting as the developer. Develop partnerships with private sector entities to purchase lots at discount and build the housing product using EDI for infrastructure buydowns. The following Homeownership Zone budget breaks down the total housing development costs for this application as well as unit costs for the category of housing activity to be undertaken: 21 Homeownership Zone EDI Application Section Housing Development Role in Comprehensive Revitalization of NeighborhooK UnYFnWMVP QUIP 7171uL RI Inl--9.T 22 Homeownership Zone EDI Application Acquisition & Rehab New Const. NHS New Const. Private R & R City /County Vacant Lots Totals Number of Units 70 Unit cost 36 Unit cost 110 Unitcost 23 Unitcost 61 Unit cost 300 Land Acquisition Acquisition Boarded Hsg Construction Costs Moving Costs Development Fees Appraisals Site Work Infrastructure Costs Sewer and Tap Closing Costs Arch & Engineering Counseling Landscape Legal Fees Recipient Training Tests Homebuyer Acquisition Assistance Matching Contributions TOTAL PROGRAM COSTS BEFORE EDI EDI 1996 CDBG 1996 -1998 HOME 1996 -1998 Project Cost to Be Recaptured 1st & 2n PER UNIT COSTS: $0 1,050,000 15,000 2,800,000 40,000 140,000 2,000 21,000 300 350,000 5,000 140,000 2,000 28,000 400 280,000 4,000 7,000 100 49,000 700 17,400 249 140,000 2,000 $5,022,400 $71,749 1500,000 (7,143 ) (250,000 ) (3,571 ) (250,000 ) (3,571 ) L4,022,400 57,463 $44,000 2,129,760 185,864 2,500 395,619 61,880 2,500 3,500 749 4,600 $2,830,972 (491,000 $2,339,972 $1,222 59,160 5,163 10,989 $78,638 (13,639 ) $64,99 9 $1,100,000 8,800,000 275,000 $10,175,000 (800,000 (290,000 (290,000 8 795 000 $10,000 80,000 2,500 $92,500 (7,273 ) (2,636 (2,636 ) $79,95 5 $68,216 460,000 276,000 138,000 67,091 $1,009,307 0 1 009 307 $2,966 20,000 12,000 6,000 2,917 $43,883 $43,1111 3,965,000 135,000 $4,100,000 0 (135,000 $3,965,000 65,000 2,213 $67,213 (2,213 ) $65,00 0 $1,212,216 1,050,000 18,154,760 276,000 325,864 23,500 0 883,619 268,971 28,000 282,500 7,000 52,500 18,149 0 4,600 550,000 0 0 0 $23,137,679 (1,791,000) (540,000 (675,000 0 131 679 Cost Per unit Without EDI EDI Deferred Loan CDBG Deferred Loan HOME Deferred Loan Cost Per Unit Number of Units Sold Proceeds from Sale of Homes $71,749 (7,143 ) (3,571 ) (3,571 ) 57,463 70 4 $78,638 (13,639 ) 0 0 64,999 36 2 339 972 $92,500 (7,273 (2,636 ) (2,636 ) 79,955 110 8,795 $43,883 0 0 0 43,883 23 1 009 307 $67,213 0 0 (2,213 65,000 61 3 965 000 Total Mortgage Funds Needed $4,022,400 $2,339,972 $8,795,000 $1,009,307 $3,965,000 $20,131,679 Source of Funds: Private Activity Bonds Colorado Housing and Finance f Neighborhood Housing Services CDBG 108 Loan Pri vate. Lender Mortgages cHFA 115^r 2,331,400 0 0 1,691,000 0 2,339,972 0 6,700,000 0 2,095,000 1,009,307 0 3,965,000 Private Activity $2,331,400 Colorado Ho um $6,700,000 Neighborhood $2,339,972 CDBG 108 Los. $1,691,000 Pri vale l<nde.r $4,974,307 Total $4,022,400 $2,339,972 $8,795,000 $1,009,307 $3,965,000 $20,131,679 22 Homeownership Zone EDI Application Section Housing Development Role in ompre ensive evna ¢anon o e.g or Too Other Comprehensive Revitalization Efforts in Homeownership Zones While housing renewal is vital to neighborhood revitalization, Homeownership is only part of the City of Pueblo's community and economic development strategy. The City of Pueblo's other revitalization efforts to be undertaken in the Homeownership Zones will encompass the following: ■ Economic Opportunity - New jobs in large and small businesses - Jobs for youth - Employment access ■ Physical Renewal - Infrastructure upgrades - Commercial renewal and expansion ■ Social Needs and Equity - Daycare - Mobility - Public safety - Youth education and activities The following provides a summary of key non housing revitalization efforts that will be coordinated to remove gaps and /or barriers to ensuring an effective comprehensive neighborhood revitalization effort in the Homeownership Zone. Economic Opportunity Priority Strategy #1 - Develop a business /job development process linking business opportunities to major projects in the core neighborhood such as the 13 million dollar Historical Arkansas River Project (HARP) with surrounding neighborhoods. Time Frame Work in a coordinated fashion with existing educational and training organizations, technology providers and PCC Small Business Development Center to identify a specific location and program framework, within six months for small business opportunities for residents of the surrounding five neighborhoods linking business opportunities with major commercial development planned in the Core Neighborhood . Program Partnership Opportunities - City of Pueblo - PCC - Small Business Development Center at PCC - Department of Social Services - Colorado Employment Office - Etc. 23 Homeownership Zone EDI Application Section Housing Development Role in Comprehensive Revna ¢anon o eig or oo s Economic Opportunity Priority Strategy #2 - Link public transportation system with neighborhoods and major employment centers Several major employment centers are located a significant distance from the six target neighborhoods. One critical link associated with accessibility is the public transportation system. An evaluation of this system was done in 1995 and transit routes include bus service to the neighborhoods. The City of Pueblo has budgeted $120,000 of CDBG for the purchase of two buses that will serve these areas. Time Frame Evaluate the existing "pulse" transportation routing system in relation to the proposed transportation center and the geographic issues associated with the five target neighborhoods and key employment centers. Realign route structures and explore employment linkage routes over the next 12 months as potential modifications to the existing system. Program Partnership Opportunities Pueblo Transportation Company Pueblo Planning Department Etc. Social Needs Priority Strategy #1 - Provide accessible Daycare for working parents Access to daycare includes ensuring availability close to where individuals work and /or live as well as ensuring affordability. This will mean support for existing Daycare providers and expanding opportunities for new providers. Discussions with local providers suggest primary gaps exist in infant care, and that there is a need to address both capital and operational costs in assistance programs. Time Frame Complete expansion of present City -owned building used for day care by 1,200 square feet. Physical Renewal Strategy #1 - Coordinate Infrastructure upgrades of residential and commercial areas located in neighborhood business areas under CDBG and City Capital Improvement Funds Time Frame Coordinate with Public Works the 1996 -1997 City paving overlay program and proposed five year public works projects program to assure infrastructure projects are in six neighborhoods. Social Needs Priority Strategy #1 - Link City of Pueblo general fund monies targeted for health and human services to agencies providing and delivery services to neighborhoods located within Homeownership zone 24 Homeownership Zone EDI Application Section Housing Development Role in Comprehensive Revitalization or — N - eighborToods Time Frame Coordinate with the Health and Human Service Commission the department's 1996 -1997 budget allocations to agencies requesting funding that link their services to the Neighborhood Strategy Plan and Homeownership Zone locations. 25 Homeownership Zone EDI Application Section Vt Streamlined Process tor Rapid Construction & Cost Savings SECTION VI: Streamlined Process & Cost Savings for Housing Development This Homeownership Zone proposal would organize some local processes and building and development regulations that have been streamlined or modified to result in prompt and cost - efficient construction. The Regional Building Department has been able to adopt for homebuilders a Routing Checklist System, when followed, will allow a homebuilders to obtain a permit within three days. In January, 1988, the City of Pueblo adopted a resolution for HUD's Joint Venture for Affordable Housing Program which encompassed a review of the City's administrative procedures in regard to streamlining local regulations. More recently, the City of Pueblo has amended or adopted the following for rapid construction and implementation: The City and County local governments have adopted a Vacant Lot Recycle Program designed to donate City -owned vacant lots to homebuilders or homebuyers for first time homeownership. This application identifies 61 City /County lots that are presently vacant but located in Homeownership Zones. There are existing streets, schools, sewers and water in place, thus keeping additional costs for facilities and services lower. Additionally, more infill lots will be available as structurally unsafe housing will be demolished. We estimate the infill housing can be sold for below $67,000 with the lot donated to the homebuyers. The infill housing will be located in areas with existing streets, sewers and water where land is already urbanized providing an opportunity for revitalizing marginal areas. In addition, the new housing will be located close to work, shops and entertainment so residents would require less gas and time for commuting. The City of Pueblo recently reformed its local development regulations and amended it ordinance to allow manufactured housing built under HUD standards within the city of Pueblo. This allows an affordable housing option. These manufactured houses meet a national, uniform set of construction and safety standards to which all manufactured homes must be built and enforced by the Department of Housing and Urban Development. To prevent City liens for weed control and other special improvement assessments from being an impediment to housing cost the City adopted an ordinance in 1995 that would authorize the surrender and discharge of liens imposed upon real property owned by the City when purpose by a family for homeownership under any of the city's its affordable housing programs. 26 Homeownership Zone EDI Application Section VIL Benchma Section VII: Benchmarks and Measurements The following qualitative criteria will be added for each of the Homeownership Zone program areas. The assessment system will ultimately include benchmarks and measures deemed necessary as part of ongoing plan implementation and review. The purpose of the measures is not to determine specific success or failure, but instead to be a basis for reinventing the plan through a series of feedback loops Housing Renewal The number of homes renovated will be tracked by the City of Pueblo's Department of Housing and Community Development and the Pueblo Regional Building Department. The data will be tracked by month and by neighborhood. Number of Houses Renovated Oct. 1996 1997 1998 1999 2000 Core Neighborhood Eastside Hyde Park Northside Southside Eastwood Heights New Housing The number of homes built both by private developers and with government funding will be tracked by the City of Pueblo's Building Inspection Department, Department of Housing and Community Development and the Pueblo Housing Authority. The data will be tracked by month and by neighborhood. Number of Houses Built Oct. 1996 1997 1998 1999 2000 Core Neighborhood Eastside Hyde Park Northside Southside Eastwood Heights 27 Homeownership Zone EDI Application Section I: Recent an ousmg esign Section VII: Recent Urban Housing Design & Creation of Sense of Neighborhood Currently, there are eight bus routes used by the Pueblo Transportation System. All six neighborhood with the Homeownership Zone have access to the transportation system. Currently, the City of Pueblo is building a new transit center to be located in the Core Neighborhood with continued linkage to the other five neighborhoods. Many of the bicycle routes and recreation trails in the Pueblo Area go through the neighborhoods. The 13 million dollar Historic Arkansas Riverwalk Project (HARP) was passed by vote of the people of Pueblo and is under construction in the heart of downtown located in the Core Neighborhood. Once depressed and considered a seedy and somewhat dangerous area of Pueblo, the downtown is being reconstructed into a major employment area. The Historic Arkansas Riverwalk Project is considered the glue necessary to connect the many Pdnctions of a healthy downtown including the Senior Center, a new transit center, a historic district, a new convention center, the arts and conference center, and city government services. During the construction of HARP, up to 300 employees will be required to do a multitude of jobs. Harp holds many unique investment opportunities for entrepreneur and private developers. HARP will take approximately four years to complete and result in 26 -acres of residential, retail, commercial, and park area. It will attract new businesses, increase tourism, and result in additional jobs. It is anticipated that HARP will have 78,000 square feet of new residential space and over 115,000 square feet of retail and commercial space. HARP is a community project that was initiated and nurtured by a group of Pueblo citizens. When completed, the project will integrate the beauty of water with trails, sidewalk cafes, downtown living, art and entertainment. It will create a public open space where visitors can picnic or take a nature hike. HARP will also have a platform that will be used for celebrations, concerts or theater productions. 28 Homeownership Zone EDI Application A ppendix I - History, Context an eig or oo tansncs The Core Neighborhood The Core neighborhood is typified by diversity. It consists of commercial sectors, zones of predominantly rental housing, and other established areas with a large concentration of single - family homes. Its age distribution closely mirrors the entire Pueblo community. The median of the age distribution is the numeric value where 50 percent of the population is older than what is represented by the figure, and 50 percent is younger. For the Core area, median age is 34.3 years, very similar to the city of Pueblo's median age of 34.5 years. Based on the 1990 Census, 7.2 percent of the area's population are children under the age of five years, compared to 7 percent for the city of Pueblo. The proportion of elderly in the area is somewhat higher than for the city of Pueblo. The percentage of Black population is nearly identical to that of the city of Pueblo 2.1 percent, and 2.2 percent, respectively. A little less than one half of the Core's population is Hispanic. The percentage of Hispanics has grown moderately during the past decade. Concentration of Hispanics is about 5 percent higher than for the entire city. Slightly over half of the families with children in the Core are headed by a single parent with no spouse present. As in the city of Pueblo as a whole, the proportion of single parent families has increased dramatically during the past twenty years; however, the proportion for this area is considerably higher than for the city. Of the area's residents age 25 and older, slightly over 60 percent had completed high school or its equivalent. Although this figure is below the city value, it is higher than any of the other socially and economically disadvantaged areas evaluated in this application. The median value of homes in the Core neighborhood is about $11,000 less than for the entire Pueblo community. The area has shown a slight improvement in home value relative to the city of Pueblo during the past decade. In 1980, the median value of the area's homes was 71.6 percent of the city of Pueblo value. By 1990, it had increased to 77.3 percent. Somewhat less than half of the area's homes are owner occupied. A little over one third of the area residents were living in poverty, based on 1990 statistics. For at least twenty years, the area has shown a higher rate of poverty than the Pueblo community as a whole. In 1970, median family income in the Core neighborhood was 73.4 percent of the city of Pueblo value, and in 1990, 69.8 percent. Homeownership Zone EDI Application ppen ix I - History, Context and Neighborhood Statistics Core Neighborhood Area Demographics (Aggregate of Census Tracts 13, 14 and 19) Total Population 5,548 4,230 3,959 Age Distribution ( %) 0 -4 yrs. 6.7 6.6 7.2 5 -17 21.0 16.3 16.1 18 -34 23.7 27.3 27.9 35 -64 31.0 29.3 30.4 65+ 17.6 20.5 18.4 Median Age (yrs.) 33.9 34.8 34.3 Racial /Ethnic Distribution % Black 1.0 1.3 2.1 % Hispanic 41.6 41.6 44.4 % White & Other 57.4 57.1 53.5 Family Composition Married - Couple Families with Own Children Under 18 Yrs. 436 288 221 Single- Parent Families with Own Children Under 18 Yrs. 148 153 238 Total Families with Own Children Under 18 Yrs. 584 441 459 Single- Parent Families with Own Children as % of Total 25.3 34.7 51.9 Educational Attainment % High School Graduates 343 51.7 62.7 % with 4 or More Yrs. College* 3.8 12.6 11.5 HOUSING CHARACTERISTICS Total Housing Units 2,351 2,181 2,007 Total Occupied Units 2,184 1,919 1,753 Vacant Units 167 262 254 Overall Occupancy Rate ( %) 92.9 88.0 87.3 % Owner- Occupied 47.2 48.2 42.7 % Renter - Occupied 52.8 51.8 57.3 % Units with More Than 1 Person per Room 7.7 3.6 3.0 Median Value $9,466 $28,158 $37,638 Median Gross Rent $67 $160 $262 ECONOMIC CHARACTERISTICS Unemployment Rate ( %) 9.8 12.7 9.6 Median Family Income $6,274 $13,554 $17,437 % Households with Public Assistance Income NA 18.3 24.3 % of Persons with Income Below Poverty 29.6 23.8 35.5 *1990 Census tabulates college education level by degree attained, rather than by number of years completed as was done with 1970 and 1980 Censuses. SOURCE: U.S. Bureau of the Census, Census Tracts, Pueblo, CO and Summary Tape File 3 -A. Homeownership Zone EDI Application Appendix I - History, Context and Neighborhood Statistics Eastside Neighborhood Demographics of the Eastside neighborhood reveal that it has a slightly younger age distribution than is the case for the entire city of Pueblo. The median age of the neighborhood is 30.7 years, compared to 34.5 years for the entire Pueblo community. This means that half of the area's population is below this figure, and half above. About 9 percent of the Eastside neighborhood's population is younger than five years, compared to 7 percent for the city of Pueblo. The elderly population (persons over age 65) comprises 12.9 percent of the Eastside area's population. This is over three percentage points below the city of Pueblo value for proportion of elderly. The Black population of the Eastside area is low, but the proportion of Hispanic population is large, and increasing. The area, however, has had a declining population since 1970, so the actual numbers of Hispanics living here has shown a modest decrease. Over 44 percent of the families with children in this area are headed by a single parent, based on 1990 data. This compares to 18 percent in 1970. The trend towards increasing concentrations of single parent families which characterizes the Eastside is paralleled in the entire Pueblo community. The only difference is that the city figure, while increasing, comprises a lower proportion of total families with children (35 percent in 1990). Compared to the Hyde Park neighborhood, a slightly higher percentage of the Eastside's population has completed high school or its equivalent, 55.6 and 58.2 percent, respectively. Both of these figures rank considerably below the city of Pueblo value of 73.2 percent of population (age 25 and over) having a high school education. Less than 5 percent of Eastside neighborhood residents have completed college with a Bachelor's degree or higher. The median value of homes in this area is $32,762, almost $ 16,000 less than the corresponding city of Pueblo value. A little over half of the housing in the area is owned, rather than rented. The 1990 Census enumerated 8 percent of homes in the area as having more than 1 person per room. This figure is an indicator of overcrowded housing. However, it has declined significantly since 1970, because of a trend to decreased household size. Just over one third of the Eastside neighborhood's population is living below the poverty level. The unemployment rate, though higher than the city of Pueblo value, has decreased since 1980. This seems to imply that although a greater proportion of the population is working, the corresponding level of wages tends to be low. Homeownership Zone EDI Application Appendix I - History, Context and Neighborhood Statistics Eastside Neighborhood Area Demographics (Aggregate of Census Tracts 8 and 12) POPULATION CHARACTERISTICS Total Population 1970 199u ___TW 7,141 6,005 5,574 Age Distribution ( %) 0 -4 yrs. 9.1 9.3 8.8 5 -17 30.3 22.2 21.8 18 -34 21.6 30.3 26.5 35 -64 28.8 26.7 30.0 65+ 10.2 11.5 12.9 Median Age (yrs.) 25.8 27.3 30.7 Racial /Ethnic Distribution % Black 0.9 0.9 1.0 % Hispanic 61.2 64.2 68.4 % White & Other 37.9 34.9 30.6 Family Composition Married - Couple Families with Own Children Under 18 Yrs. 795 579 417 Single- Parent Families with Own Children Under 18 Yrs. 174 239 333 Total Families with Own Children Under 18 Yrs. 969 818 750 Single- Parent Families with Own Children as % of Total 18.0 29.2 44.4 Educational Attainment % High School Graduates 32.9 46.1 58.2 % with 4 or More Yrs. College* 3.0 5.1 4.2 HOUSING CHARACTERISTICS Total Housing Units 2,240 2,425 2,282 Total Occupied Units 2,082 2,150 2,044 Vacant Units 158 275 238 Overall Occupancy Rate ( %) 92.9 88.7 89.6 % Owner - Occupied 66.3 60.2 55.3 % Renter - Occupied 33.7 39.8 44.7 % Units with More Than 1 Person per Room 18.8 8.0 8.0 Median Value $8,809 $26,216 $32,762 Median Gross Rent $80 $203 $296 ECONOMIC CHARACTERISTICS Unemployment Rate ( %) 8.5 16.3 13.5 Median Family Income $6,941 $11,519 $16,634 • Households with Public Assistance Income NA 18.3 23.3 • of Persons with Income Below Povertv 23.5 26.2 34.5 *1990 Census tabulates college education level by degree attained, rather than by number of years completed as was done with 1970 and 1980 Censuses. SOURCE: U.S. Bureau of the Census, Census Tracts, Pueblo, CO and Summary Tape File 3 -A. Homeownership Zone EDI Application Appendix I - History, Context and Neighborhood Statistics The Hyde Park Neighborhood Compared to the entire city of Pueblo, the Hyde Park neighborhood has a relatively young age composition. Based on the 1990 Census, the median age of the area was 29.1 years. This means that one half of the neighborhood's population was below this age, and one half above. Hyde Park has a stable population. Although it lost population between 1980 and 1990, it had gained population during the decade of the 1970's. Almost 60 percent of Hyde Park's population is Hispanic. This figure has remained very constant since 1970. Hispanics within the entire city of Pueblo comprise about 40 percent of the population. The concentration of Blacks in the area (slightly less that 3 percent) is a bit higher than for the city. During the past three decades, there has been a major expansion in the numbers and percentages of single - parent families, both in Hyde Park and within the entire city. Somewhat over 40 percent of Hyde Park families with children are headed by a single parent —about five percentage points higher that in Pueblo as a whole. The education level of Hyde Park residents is rather low. Based on 1990 statistics, a little over half of the area's population above the age of 25 years had completed high school or its equivalent. Comparatively, in the city of Pueblo, almost three fourths of the population had completed high school. Less than 10 percent of Hyde Park's population had completed college. The percentage of owner - occupied housing in Hyde Park is somewhat lower than in Pueblo as a whole. More than half of the homes in Hyde Park are owned, rather than rented. The value of homes, however, is considerably lower than for the city. The median value is $33,733 in the neighborhood, compared to $48,700 for the city, according to the 1990 Census. Still, the relatively high proportion of home ownership attests to the stability of the neighborhood. Well over one third of Hyde Park's population is living in poverty. The median family income is $13,523, compared to $24,997 for the city as a whole. In other words, the income of families in Hyde Park averages 54.1 percent of the income for the typical Pueblo family. The rate of unemployment has increased each decade since 1970. Homeownership Zone EDI Application Appendix I - History, Context an ejg or oo tansncs Hyde Park Neighborhood Area Demographics (Aggregate of Census Tracts 2 and 29.01) POPULATION CHARACTERISTICS Total Population 1970 1980 1990 3,548 3,775 3,3 Age Distribution ( %) 0 -4 yrs. 10.7 10.8 8.3 5 -17 36.7 26.8 25.2 18 -34 21.8 29.4 26.3 35 -64 24.8 25.9 29.7 65+ 6.0 7.1 10.5 Median Age (yrs.) 19.1 24.4 29.1 Racial /Ethnic Distribution % Black 3.5 3.0 2.8 % Hispanic 39.8 59.6 59.9 % White & Other 36.7 37.4 37.3 Family Composition Married - Couple Families with Own Children Under 18 Yrs. 450 428 286 Single- Parent Families with Own Children Under 18 Yrs. 85 175 195 Total Families with Own Children Under 18 Yrs. 535 603 481 Single- Parent Families with Own Children as % of Total 15.9 29.0 40.5 Educational Attainment % High School Graduates 32.7 47.9 55.6 % with 4 or More Yrs. College* 1.3 4.9 6.2 HOUSING CHARACTERISTICS Total Housing Units 954 1,284 1,257 Total Occupied Units 899 1,177 1,144 Vacant Units 55 107 113 Overall Occupancy Rate ( %) 94.2 91.7 91.0 % Owner- Occupied 73.3 62.4 57.9 % Renter - Occupied 26.7 37.6 42.1 % Units with More Than I Person per Room 27.8 9.9 8.5 Median Value $7,724 $26,689 $33,733 Median Gross Rent $83 $144 $238 ECONOMIC CHARACTERISTICS Unemployment Rate ( %) 8.3 12.2 15.0 Median Family Income $6,406 $11,919 $13,523 % Households with Public Assistance Income NA 22.7 23.9 % of Persons with Income Below Poverty 24.9 24.9 39.7 * 1990 Census tabulates college education level by degree attained, rather than by number of years completed as was done with 1970 and 1980 Censuses. SOURCE: U.S. Bureau of the Census, Census Tracts, Pueblo, CO and Summary Tape File 3 -A. Homeownership Zone F.DI Application Appendix I - History, Context and Keighborhood Statistics The Northside Neighborhood Since 1970, the population of the Northside neighborhood has decreased by 27.4 percent: At the time of the 1990 Census, 3,600 residents lived within this area. The median age was 33.8 years. In other words, one half of the population is older than this figure, and one half younger. The area's median age is very similar to the city of Pueblo's value of 34.5 years. The area has a somewhat higher concentration of elderly than does the city of Pueblo as a whole. Hispanics make up slightly less than one half of the neighborhood's population, but the concentration is slightly higher than is the case for the entire Pueblo community, whose population of Hispanics is just under 40 percent. The Northside's 3 percent Black population is about a percentage point higher than the corresponding city value. Single parent families are typical in this area, at over half of the total families. Slightly less than 60 percent of the Northside's population over age 25 had completed high school or its equivalent, compared to almost three fourths of the city of Pueblo's population, according to data from the 1990 Census. About one in ten of the area residents has completed college with a Bachelor's degree or higher. As would be expected of a largely commercial neighborhood, its residential areas consist of a high percentage of rental housing. Over two thirds of all occupied housing in the Northside is rented. This is a long -term trend which has not varied significantly for at least twenty years. It is likely to continue in the near future. Median gross rent (contract rent plus cost of utilities, if paid by the renter) in the area is $218 per month, 72 percent of the corresponding city of Pueblo statistic. The Northside neighborhood has an unemployment rate of 14.8 percent, according to the 1990 Census. The area historically has had a higher rate of unemployment than the entire city of Pueblo, although the decade of the 1980's saw some improvement in this respect. Nonetheless, income levels for the area remain very low. In 1990, median family income was less than one half of the city of Pueblo figure. The percentage of persons with income below poverty has remained markedly higher than for the city of Pueblo. Two decades ago, in 1970, the area had just under 24 percent living below the poverty level, compared to a figure of almost 14 percent for the entire city. In 1990, 44.3 percent of the Northside's population was living in poverty, compared to 21.6 percent for the city of Pueblo. Homeownership Zone EDI Application Appendix I - History, Context an eig or oo Statistics Northside Neighborhood Area Demographics (Aggregate of Census Tracts 6 and 7) POPULATION CHARACTERISTICS Total Population 1970 1980 1990 5,066 3,869 3,677 Age Distribution ( %) 0 -4 yrs. 7.9 7.6 7.0 5 -17 18.8 15.4 14.6 18 -34 27.3 31.7 30.5 35 -64 29.9 25.7 29.6 65+ 16.1 19.6 18.3 Median Age (yrs.) 32.4 32.0 33.8 Racial /Ethnic Distribution % Black 1.5 2.1 3.0 % Hispanic 42.5 44.6 45.8 % White & Other 56.0 53.3 51.2 Family Composition Married - Couple Families with Own Children Under 18 Yrs. 390 266 164 Single- Parent Families with Own Children Under 18 Yrs. 139 142 197 Total Families with Own Children Under 18 Yrs. 529 408 361 Single- Parent Families with Own Children as % of Total 26.3 34.8 54.6 Educational Attainment % High School Graduates 47.1 52.0 59.4 % with 4 or More Yrs. College* 4.5 9.0 8.6 HOUSING CHARACTERISTICS Total Housing Units 2,409 2,123 1,864 Total Occupied Units 2,174 1,860 1,636 Vacant Units 235 263 228 Overall Occupancy Rate ( %) 90.2 87.6 87.8 % Owner - Occupied 34.2 34.1 32.3 % Renter - Occupied 65.8 65.9 67.7 % Units with More Than i Person per Room 8.2 4.5 5.6 Median Value $9,567 $26,931 $33,148 Median Gross Rent $68 $140 $218 ECONOMIC CHARACTERISTICS Unemployment Rate ( %) 8.9 17.6 14.8 Median Family Income $6,625 $9,888 $11,624 % Households with Public Assistance Income NA 20.8 27.5 % of Persons with Income Below Poverty 23.8 27.5 44.3 * 1990 Census tabulates college education level by degree attained, rather than by number of years completed as was done with 1970 and 1980 Censuses. SOURCE: U.S. Bureau of the Census, Census Tracts, Pueblo, CO and Summary Tape File 3 -A. Homeownership Zone EDI Application Appendix I - History, Context and Nei"g The Southside Neighborhood About 6,500 persons currently reside in the Southside neighborhood. The area has experienced a 30 percent population decline since 1970, when over 9,000 residents lived here. It has an aging population. The median age is 36.4 years, which means that half the population is over this age, and half younger. For the city of Pueblo, median age is 34.5 years. Over 22 percent of the Southside's population is age 65 and over, compared to 16 percent for the city of Pueblo. This high concentration is due, in part, to construction of a senior housing complex during the early 1980's, but even prior to this time, the area had a higher proportion of elderly than for the entire city. The proportion of children under age five is identical to the city figure. Historically, a high percentage of Pueblo's Black population has lived here, however, this trend has decreased since 1970. Blacks have since become more uniformly distributed throughout the city. The proportion of Hispanics in the Southside neighborhood grew fairly substantially from 1970 to 1980, and at a more moderate rate from 1980 to 1990. The actual numbers have declined for the area as a whole, since it has seen population loss during the past two decades. In terms of its family structure, the Southside neighborhood has seen an increase in the percentage of single parent families with children since 1970. This parallels a similar trend throughout the city of Pueblo. The education level of this area's population has a lower proportion of high school or college graduates than any of the other neighborhoods evaluated in this document. A little over one half of the population age 25 and over has completed high school or its equivalent, based on 1990 statistics. Almost two thirds of the housing stock in the Southside area is owned, rather than rented. The value of homes is very low. In 1970, the median value of homes in the area was 72 percent of the city of Pueblo figure, and by 1980, it had dropped to 64 percent. Then by 1990, the median home value in the area gained slightly, and stood at 69 percent relative to the city. Since 1970, the unemployment rate for the neighborhood has remained above the corresponding city of Pueblo statistic. Income figures have also tended to lag behind city figures. This area has seen improved economic prosperity with the location of the MATRIXX Marketing facility here in the late 1980's. It is interesting to note that the percentage of households receiving public assistance income has declined substantially since 1980, though the portion of persons living in poverty remains higher than the city average. Homeownership Zone EDI Application Appendix I - History, Context and Neighborhood Statistics Southside Neighborhood Area Demographics (Aggregate of Census Tracts 20, 21 and 22) Total Population 9,279 7,262 6,479 Age Distribution ( %) 0 -4 yrs. 7.8 7.1 7.0 5 -17 26.8 19.2 18.7 18 -34 19.9 24.2 22.8 35 -64 33.8 30.7 29.2 65+ 11.7 18.8 22.3 Median Age (yrs.) 30.9 34.6 36.4 Racial /Ethnic Distribution % Black 8.2 6.5 6.1 % Hispanic 54.1 59.5 61.1 % White & Other 37.7 34.0 32.8 Family Composition Married - Couple Families with Own Children Under 18 Yrs. 906 582 406 Single- Parent Families with Own Children Under 18 Yrs. 247 292 328 Total Families with Own Children Under 18 Yrs. 1,153 874 734 Single- Parent Families with Own Children as % of Total 21.4 33.4 44.7 Educational Attainment % High School Graduates 32.1 38.5 55.2 % with 4 or More Yrs. College* 2.4 2.7 4.0 HOUSING CHARACTERISTICS Total Housing Units 3,063 3,094 2,982 Total Occupied Units 2,938 2,837 2,658 Vacant Units 125 257 324 Overall Occupancy Rate ( %) 95.9 91.7 89.1 % Owner- Occupied 70.7 67.4 64.2 % Renter - Occupied 29.3 32.6 35.8 % Units with More Than 1 Person per Room 15.5 5.9 5.3 Median Value $9,079 $25,193 $33,653 Median Gross Rent $68 $186 $291 ECONOMIC CHARACTERISTICS Unemployment Rate ( %) 8.8 14.5 13.2 Median Family Income $7,260 $13,301 $17,056 % Households with Public Assistance Income NA 20.2 14.2 % of Persons with Income Below Poverty 20.4 21.9 31.6 * 1990 Census tabulates college education level by degree attained, rather than by number of years completed as was done with 1970 and 1980 Censuses. SOURCE: U.S. Bureau of the Census, Census Tracts, Pueblo, CO and Summary Tape File 3 -A. Homeownership Zone EDI Application Appendix I - History, Context an egg or oo tansncs Eastwood Heights Neighborhood Demographics of the Eastwood Heights neighborhood reveal that it has a slightly younger age distribution than is the case for the entire city of Pueblo. The median age of the neighborhood is 28.2 years, compared to 34.5 years for the entire Pueblo community. This means that half of the area's population is below this figure, and half above. About 36 percent of the Eastwood Heights neighborhood's population is younger than 18 years, compared to 26 percent for the city of Pueblo. The elderly population (persons over age 65) comprises 11.0 percent of the Eastwood Heights area's population. The Black population of the Eastwood Heights area is low, but the proportion of Hispanic population is large, and increasing. Over 40 percent of the families with children in this area are headed by a female head of household, based on 1990 data. The trend towards increasing concentrations of single parent families which characterizes the Eastwood Heights area is paralleled in the entire Pueblo community. The only difference is that the city figure, while increasing, comprises a lower proportion of total families with children (35 percent in 1990). Fifty -six percent of the Eastwood Heights' population has completed high school or its equivalent. These figures rank considerably below the city of Pueblo value of 73.2 percent of population (age 25 and over) having a high school education. Less than 3 percent of Eastwood Heights neighborhood residents have completed college with a Bachelor's degree or higher. The median value of homes in this area is $34,800, almost $16,000 less than the corresponding city of Pueblo value of $50,500 according to the 1990 census data. A little over half of the housing in the area is owned, rather than rented. The 1990 Census enumerated 10 percent of homes in the area as having more than 1 person per room. This figure is an indicator of overcrowded housing. Forty-three percent of the Eastwood Heights neighborhood's population is living below the poverty level. The unemployment rate of 16 percent is higher than the city of Pueblo value. Homeownership Zone EDI Application ppen ix I - History, Context and Neighborhood tatisncs Eastwood Heights Neighborhood Area Demographics (Aggregate of Census Tract 30.03) Total Population 1 01 Age Distribution ( %) 18 36.0 65+ 15.0 Median Age (yrs.) 28.2 Racial /Ethnic Distribution % Black 3.0 % Hispanic 69.0 % White & Other 28.0 Family Composition Married - Couple Families with Own Children Under 18 Yrs. 401 Single- Parent Families with Own Children as % of Total 42 Educational Attainment % High School Graduates 56.0 % with 4 or More Yrs. College* 3.0 HOUSING CHARACTERISTICS Total Housing Units 1,099 Total Occupied Units 1,020 Vacant Units 79 Overall Occupancy Rate ( %) 92.8 % Owner - Occupied 57 % Renter - Occupied 43 % Units with More Than 1 Person per Room (owner- occupied) 10.0 Median Value $34,800 Median Gross Rent $180 ECONOMIC CHARACTERISTICS Unemployment Rate ( %) 16 Median Family Income $11,994 % of Persons with Income Below Poverty 43.0 *1990 Census tabulates college education level by degree attained, rather than by number of years completed as was done with 1970 and 1980 Censuses. SOURCE: U.S. Bureau of the Census, Census Tracts, Pueblo, CO and Summary Tape File 3 -A. Homeownership Zone EDI Application