Title
Briefing on Olympia Housing Action Plan
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, affordability and stability.
Staff Contact:
Amy Buckler, Strategic Projects Manager, Community Planning & Development, 360.280.8947
Presenter(s):
Amy Buckler, Strategic Projects Manager
Background and Analysis:
Last February, the Planning Commission heard a briefing on the Housing Action Plan project, and in particular findings from the Housing Needs Assessment. In preparation for the May 17 public hearing, this briefing will focus on the recommended strategies and actions for meeting local housing needs.
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 completed several deliverables that provide necessary background information and identify strategies and potential actions the cities can take. These are available on the attached Engage Olympia page and include:
* 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.
At this time each city is conducting their own public review process to determine which actions to include as they ad...
Click here for full text