MEMO TO: Mayor and Members of the City Council
FROM: Carol Helland, Director of Planning and Community Development
SUBJECT:
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Housing Action Plan - Housing Needs Assessment
I. RECOMMENDED ACTION
recommendation
This update is for information only in advance of a Council Study Session on July 28, 2020.
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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.
The City's consultant, ECONorthwest, has completed the first project deliverable needed to advance the HAP. Refer to Attachment A. The Housing Needs Assessment report includes:
* An inventory of existing conditions (e.g. cost burden data, housing production trends, and community demographics);
* Forecast and analysis of housing needs and a housing needs gap analysis; and
* Scenarios for meeting the gap and policy implications.
Quantifying the housing shortage that exists in Redmond needs to take into account both the current demand for housing as well as the expected demand based on anticipated population growth. To date, various targets have been set to accommodate growth and associated housing demand, as is required by the state's Growth Management Act (GMA) and Countywide Planning Policies (CPPs).
ECONorthwest is using a ratio method to assess the gap. The proposed methodology uses population data, average household size, and a national housing ratio while taking into account underproduction and expected demand to calculate the ...
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