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Affordable Housing Plan Update.
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Staff: |
Department: |
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Sarah O. Viñas, Director |
Affordable Housing and Community Connections |
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Nate Broman-Fulks, Assistant Director |
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Emily Holt, Affordable Housing Development Officer |
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Megan Culp, Community Development Programs Manager |
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Overview: In November 2022, Town staff began the process to update the Town’s Affordable Housing Plan to set a path forward for the Town’s affordable housing efforts over the next five years. This item is designed to provide an update to Town Council on our progress towards developing that plan and receive input from the community and Council on potential strategies. The Town’s selected consultants, HR&A Advisors will present an overview of their work to date and potential policy, program, and investment options that could be included in a Draft Affordable Housing Plan.
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Recommendation(s): |
That the Council provide feedback on progress to date and potential strategies to be incorporated in the Draft Affordable Housing Plan.
Project Timeline:
Since the Town has a strong foundation on which this Plan can be created, including robust data and many existing strategies and plans, and the urgency of the need, staff have proposed an ambitious timeline to deliver the Affordable Housing Plan by summer of 2023.
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RFP Issued |
November 22, 2022 |
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Consultant Selected |
January 2023 |
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Engagement, Data Gathering, Document Review |
February - March 2023 |
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Establish Goals, Key Components, and Plan Outline |
February - April 2023 |
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Initial Stakeholder/Council Review |
April 2023 |
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Incorporate Feedback and Finalize Plan |
April-May 2023 |
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Plan Adoption |
June 2023 |
Fiscal Impact/Resources: There is no fiscal impact for this item. Staff will bring a Draft Affordable Housing Plan and accompanying Investment Strategy to Council in June.
Where is this item in its process?
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Attachments: |
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• Draft Presentation |
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The Agenda will reflect the text below and/or the motion text will be used during the meeting. |
presenter
PRESENTER: Sarah O. Viñas, Affordable Housing and Community Connections Director
RECOMMENDATION: That the Council provide feedback on progress to date and potential strategies to be incorporated in the Draft Affordable Housing Plan.