MEMO TO: Members of the City Council
FROM: Mayor Angela Birney
SUBJECT:
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Housing Action Plan - Housing Needs Assessment Project
I. RECOMMENDED ACTION
recommendation
Receive a report from ECONorthwest on the Housing Needs Assessment Report findings.
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II. DEPARTMENT CONTACTS
Carol Helland, Director 425-556-2107
Beverly Mesa-Zendt, AICP, Interim Deputy Director 425-556-2423
Brooke Buckingham, Senior Human Services Planner 425-556-2416
Sarah Stiteler, AICP, Senior Human Services Planner 425-556-2469
Ian Lefcourte, AICP, Long Range Planning Planner 425-556-2438
Planning and Community Development Department
III. DESCRIPTION/BACKGROUND
The Housing Action Plan (HAP) project is well underway and remains on schedule, with a set of key deliverables informing the development and adoption of actionable strategies by spring of next year (2021).
The City's consultant, ECONorthwest, has completed the Housing Needs Assessment Report which includes:
* An inventory of existing conditions (e.g. cost burden data, housing production trends, and community demographics);
* Forecast for housing demand; and
* Housing needs and gaps, which combines underproduction data and projected demand data.
Calculating the housing shortage in Redmond involves quantifying both the:
* Current demand for housing; and
* Expected housing demand based on anticipated population growth.
To date, various targets have been set to accommodate growth and associated housing demand, as required by the state's Growth Management Act and Countywide Planning Policies.
The study session will provide an informational briefing on the background and findings of the Housing Needs Assessment component of the Housing Action Plan Project. The study session presentation will be led by ECONorthwest. Results related to housing need, production, and affordability, will be shared. Council will be briefed on how the findings of the Housing Needs Assessment will lay the...
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