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SCHOLAR HOUSE
NCSHAOctober 2014
Rob EllisDeputy Director, Housing Programs and Production
Program Overview
• Meets multiple corporate objectives– Provides affordable housing for low-income
households– Provides education opportunities– Promotes long-term stability of families– Promotes partnerships among financial entities,
educational institutions, and service providers
Program Development
• Why Scholar House?– Provides a road to self-sufficiency– Provides child development facilities for clients with
infants to pre-school age children– Provides affordable housing and day care on-site– Provides case management and life skills programs– Modeled after One Parent Scholar House (formerly
Virginia Place in Lexington), a proven success
Scholar House Sites
Qualifying Criteria
• Participants must:– Be at least 18 years of age– Have a high school diploma or GED– Be eligible for financial aid– Be enrolled (or have been admitted) as a full-time
student in a post-secondary degree or specialty program
– Be eligible for Housing Choice or Project-Based Vouchers
• Single parents are given first preference
Financing Structure
• Projects typically utilize– KHC funds (HDF, AHTF, Exchange)– Federal Home Loan Bank for construction – Tax credits– Section 8 rental assistance– Community support– Support from the participating educational facility– Private donations
Financing Breakdown – Northern KY Scholar House
Sources of Funds
• AHTF $ 300,000• CDBG (city) 470,000• Developer 901,119 (deferred developer fee)
• Private grants 535,000 (deferred, 2%, 40 yrs.)
• LIHTC 6,910,044
• TOTAL SOURCES $ 9,116,163
Uses of Funds
• Acquisition $ 1• Hard Costs 6,957,137• Const. Cont. 326,869• Soft Costs 1,832,156
• TOTAL USES $9,116,163
Challenges and Barriers
• Students must:– Maintain a set grade point average– Participate in case management– Abide by Section 8 regulations– Agree to and pass random drug tests– Observe and abide by the Scholar House Contract
signed upon admission– Break the cycle of dependence
Challenges and Barriers
• Finding the proper partners is key– Financial partners– Educational institution(s)– Community partners– Supportive services• Child care is a primary barrier to a single parent
pursuing or continuing education• Child care is an essential component of the program
By the Numbers• During the past fiscal year (July 1, 2013 to June 30, 2014)
there were:–553 families participating in the Scholar House Programs–574 of these participants were adults–931 were children of the participants–189 participants completed the program–79 participants earned college degrees–2 participants earned masters degrees; 1 is working on a PhD–120 participants exited to stable housing–84 exited to stable employment–358 of the minor children were enrolled in the child development centers on-site (the remaining children were either enrolled elsewhere or attended kindergarten – twelve grade)–There were 542 female and 32 male participants in the program
Client Stories
• “Participants Speak” on the Family Scholar House website
• Client Stories:
http://www.oneparentscholarhouse.org
Website Information
• You can access information about the Scholar House from the Kentucky Housing Corporation website at the following link: http://www.kyhousing.org/Specialized-Housing/Pages/Scholar-House.aspx
QUESTIONS
Rob Ellis: [email protected] Extension 257