SUBJECT:
Title
Affordable Housing Needs Assessment and Strategy Options, Gap Analysis, and Affordable Housing Policies
Body
DEPARTMENT: Planning and Development Department
Department
PRESENTER(S):
MJ Adams, AICP, Affordable Housing Manager
Eric Leveridge, Housing Management Analyst
First Name Last Name, Title
TIME ESTIMATE: 45 minutes
only required for non-consent items
POLICY ISSUES:
This Affordable Housing Update lays the groundwork for the adoption of policies in support of decisions previously made by the Council to encourage development of a variety of housing types affordable to households in a broad income range to support diverse families, households and individuals wishing to call Erie "home".
STAFF RECOMMENDATION:
Recommendation
Review the Housing Needs Assessment and Affordable Housing Strategy, Gap Analysis, and Affordable Housing Policies as guidance for Town's Affordable Housing Programs.
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SUMMARY AND BACKGROUND OF SUBJECT MATTER:
In February 2023, the Town's affordable housing consultants, czb LLC, completed the Housing Needs Assessment and Affordable Housing Strategy. Recognizing the need for some additional analysis and detail on the gap in housing affordability in Erie, staff completed a gap analysis to identify types and affordability levels of housing needed. Staff also recognized that a concise list of Affordable Housing Policies would help with implementing the Affordable Housing Strategy. The study session is an opportunity for Councilors and staff to discuss current and planned initiatives as well as receive feedback and comments on the proposed policies below.
Affordable Housing Policies
* Explore opportunities to create affordable housing in existing developed areas of Town, also known as "infill development." The Town's affordable housing standards, passed in July 2023, will encourage infill development through higher density allowances, no minimum lot sizes, reductions in set-backs and more flex...
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