SUBJECT:
Title
Resolution P24-04 A Resolution of the Planning Commission of the Town of Erie Recommending that the Town Council Adopt the Housing Needs Assessment and Affordable Housing Strategy, Gap Analysis and the Affordable Housing Policies as Policy Documents for the Town of Erie.
Body
DEPARTMENT: Planning and Development
Department
PRESENTER(S): MJ Adams, AICP, Affordable Housing Manager
Eric Leveridge, Housing Management Analyst
First Name Last Name, Title
TIME ESTIMATE: 30 minutes
only required for non-consent items
FISCAL SUMMARY:
Cost as Recommended: N/A
Balance Available: N/A
Budget Line Item Number: N/A
New Appropriation Required: No
STAFF RECOMMENDATION:
Recommendation
Staff recommends adoption of a resolution recommending the Town Council adopt the following as formal policy documents guiding the Town's efforts to achieve affordable housing goal of 12% of housing stock affordable by 2035.
* Housing Needs Assessment and Affordable Housing Strategy (February 2023)
* Gap Analysis Addendum to Housing Needs Assessment (March 2024)
* Town of Erie Affordable Housing Policies (April 2024)
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
As the Town of Erie strives to address the need for affordable housing, staff are requesting the Town Council to adopt the Housing Needs Assessment and Affordable Housing Strategy, Gap Analysis and Affordable Housing Policies as a formal policy document.
In advance of presenting the updated document for adoption to the Town Council, staff presented information on the addendum to the Housing Needs Assessment and Affordable Housing Strategy to the Planning Commission on Feb. 21, 2024. Since that meeting and out of those documents, staff have developed several Affordable Housing Policies. These policies will provide guidance and direction to municipal staff as they work to implement initiatives that move Erie towards its goal of 12% affordable housing stock by 2035.
Staff requests ...
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