022007 Workforce HousingWorkforce Housing
Briefing on Recommendations of the WFH
Committee of the Planning Commission
February 20, 2007
Ron Ripley, Chairman, WFH Committee
Andrew Friedman, Director, HNP
Workforce Housing Report
-History
November 13, 2006 -Briefing for Planning
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Commission
December 13, 2006 -Planning Commission
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approves Report
January 9, 2007 -City Council Briefing
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January 23, 2007 -Public Input Opportunity
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February 13, 2007 -Public Input Opportunity
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Workforce Housing Report
-Proposed Steps
Today -Discuss “Foundation Recommendations”
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and any others identified by Council for priority
action
Feb. 27th -Provide formal direction to staff for
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development of ordinances and program details
June, 2007 -Staff returns with proposed
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ordinances and program details for Council
decision
July , 2007 -If approved by Council, program
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begins
Workforce Housing Report
-State Enabling Authority
December, 2006 -Council requests
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changes in state authority that would
allow the program being considered by
the WFH Committee
December, 2006 -Delegate Suit
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introduces bill to achieve this goal
Current Status -modified bill in process to
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be approved
Workforce Housing Report
-State Enabling Authority
(2)
If bill is approved and Governor signs,
?
enabling authority will take effect on July
1.
Combined city and state processes mean
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our program will start, if approved, no
earlier than July 1.
Recommendations
#1:Adopt a resolution stating that the
creation of good quality workforce
housing integrated within new
housing development is a desirable
goalfor the city and that city actions will
be directed toward achieving that goal in
coordination with the city’s overall goals.
Recommendations
#2: Establish a Workforce Housing
Advisory Committeeto provide ongoing
stakeholder input into the development of
the WFH program regulations, and to
provide ongoing oversight and reporting
on the progress of the program, including
an annual review and report on needed
changes.
Recommendations
#3. Direct staff to develop a Mixed
Income Workforce Housing Policy
and Processthat promotes voluntary
inclusion of WFH where possible in future
housing projects.
Recommendations
#4. Direct staff to develop a Voluntary
Bonus Density programin accordance
with the principles outlined herein
Recommendations
5. Establish a “Revolving Housing Trust
Fund”to receive 2nd liens from WFH
units; and to provide for future assistance
in developing WFH.
Recommendations
6. Direct Staff to Develop a Mixed Use
Ordinancesimilar to the B4-C Mixed Use
Ordinance to be added to the Zoning
Ordinance to serve the “Strategic Growth
Areas (SGA’s).”Provisions of the
ordinance should address the application
of mixed use zoning outside of the SGA’s
on parcels where it is appropriate as
called for in the Comprehensive Plan
Recommendations
7. Adopt proposed design guidelinesfor
developments containing workforce
housing in order to enhance development.
Housing Cost Info from
Residential Data Bank
% Change in Housing Sale Prices
100%
90%
80%
70%
60%
N/C % Chg
50%
Resale % chg
40%
30%
20%
10%
0%
Jan '04Jan '05Jan '06Dec '06
Housing Cost Info from
Residential Data Bank
Avg. Value of Sold Housing
2004 - 2006
$700,000
$600,000
$500,000
$400,000
N/C
Resale
$300,000
$200,000
$100,000
$0
Jan '04Jan '05Jan '06
% Change inHousing Costvs.
Household Income, 2000-2007
120%
100%
80%
Average
Assessment
60%
Household
Income
40%
20%
0%
20002001200220052007
Workforce Housing
Recommendations
Your Comments, Questions and
Direction to Staff
Thank you!