Title
Housing Action Plan Briefing
Recommended Action
Receive a briefing on the Housing Action Plan. Briefing only; No action requested.
Report
Issue:
Whether to receive a briefing on the Housing Action Plan. Olympia's Housing Action Plan will define strategies and actions that promote more housing, more diverse housing types and affordability.
Staff Contact:
Amy Buckler, Strategic Projects Manager, Community Planning & Development, 360.280.8947
Presenter(s):
Amy Buckler, Strategic Projects Manager
Background and Analysis:
In 2019, the Washington state legislature made grant funds available to cities to develop housing action plans that promote more housing, more diverse housing types and affordability. In recognition of our shared housing market and the cross-jurisdictional need for affordable housing, the Cities of Olympia, Lacey and Tumwater jointly applied for and received funds to collaborate on this effort.
With help from TRPC, the cities have now completed several deliverables that provide necessary background information and identify strategies and potential actions the cities can take, including:
* A housing needs assessment, including a 25-year projection of housing affordable at different income levels
* A landlord survey, to better understand what residents are paying for rent and how rents are changing
* A draft regional housing action plan (menu of actions) cities can take to ensure housing stock adequate and affordable for current and future residents
Each of these documents can be found at the attached link to TRPC's project website.
The Draft Regional Plan will not be adopted. Rather, beginning at this time each city will conduct their own public review process to determine which actions they will take. Each city will adopt their own housing action plan by June of 2021, in order to meet the requirements of the grant which funds this work.
At the meeting, staff will provide:
* A quick overview of the project and key findings from...
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