HOUS USING & & ECO ECONOMIC DEVE VELOPMEN PMENT STRATEG - - PowerPoint PPT Presentation

HOUS USING & & ECO ECONOMIC DEVE VELOPMEN PMENT STRATEG EGIC IC P PLA LAN

City o

• f T

Takoma P Park, Ma Maryland Disc scus ussio ion o n of H Housing ing G Goals, , Strateg egies es, O , Objec jectiv ives es a and Indic icators October 2 29, 2018

DI DISCU SCUSSION PO POINT NTS

■ Overview Strategic Plan Process ■ Vision - A Livable Community for All ■ Housing Goal ■ Strategy ■ Objectives ■ Indicators

STRA TRATEG TEGIC PLA LAN

Development ent o

• f Strat

ateg egic Pl Plan an

■ November 2016 Request for Proposals Issued ■ March 2017 Contract Executed ■ April – Nov 2017 Data Analysis Community Survey Stakeholder Interviews Public Comment Solicitation ■ June 2017 Listening Session ■ September 2017 Data Analysis Completed SWOT Report Completed ■ October 2017 Strategic Plan Presentation ■ November 2017 Open Houses ■ February 2018 Housing Forum ■ October 2018 Council Discussion

VISIO ISION: : A A LI LIVABLE BLE COMMUNIT ITY Y FOR ALL R ALL

A com

• mmunit

munity t that

pro rotects the he ri rights of

• f all re

ll residents; provi vides opportunit itie ies t s to all r regar ardl dless ss

• f
• f age, r

, race, e , ethnicity, c , citizenshi hip s status, o , or a abili lity; y; maintain ains s and enha hances t the he p phys ysical c cha hara racteristics of

• f

its s resid sidential a and c comme mercial ial n neighborhoods; ds; a and is is sust stain ainab able, a accessib ssible, a and affordab able a all a across s ss socio ioeconomic ic g groups. ps.

HO HOUSING GOAL

To ensure that a range of safe, quality, affordable and stable housing options and opportunities are available to all residents in neighborhoods throughout the community.

HO HOUSING STRA TRATEG TEGY

The City Council supports and advocates for a coordinated housing strategy which ■ encourages the development and preservation

• f a diverse range of housing that is affordable

for residents across all income levels and in all neighborhoods; ■ facilitates public and private investment in the development of character-rich, walkable neighborhoods; and ■ provides housing which appeals to a broad range of residents including young adults, first time homeowners, families with children, seniors seeking to age in the community, and individuals with disabilities.

HO HOUSING OBJEC ECTI TIVES ES

■ Create homeownership and rental opportunities in character-rich, walkable neighborhoods throughout the community; ■ Maintain the long term affordability and physical condition of the existing housing stock;

Support of actions by public, private and nonprofit partners

HO HOUSING OBJEC ECTI TIVES ES

■ Offer a variety of housing types for a diverse demographic; ■ Facilitate moderate and higher density infill development and mixed use residential redevelopment; and

HO HOUSING OBJEC ECTI TIVES ES

■ Advocate for local, county and state decisions, policies, legislation, regulations and funding in support of these

• bjectives.

INDI NDICATORS

We will know we are successful in meeting our housing goal and objectives when: Objective: : Home meown wnersh ship ip and nd r rent ntal housing o

• ppo

pportunities ar are a avail ailable in in cha hara racter ri rich, w walkab able n neighborhoods t ds throughout t the commu munit ity.

• % increase in homeownership rates in Ward 4 and Ward 5
• % increase in rental housing rates in Ward 1, Ward 2 and Ward 3
• % increase in walkability scores
• Time Frame: 2019-2030

INDI NDICATORS

We will know we are successful in meeting our housing goal and objectives when: Objective: M : Maintenance o

• f the l

long term a affordab abil ilit ity a and physic sical al c condit itio ion o

• f the

exist istin ing h housin ing stock. ck.

• % reduction in the percentage of housing cost burdened home owners
• % reduction in the percentage of housing cost burdened renters
• % of housing units priced at affordable levels based on % of AMI
• % reduction in the number of vacant housing units
• % reduction in the number of property maintenance code violations in multi-

family rental facilities

• % increase in the number of biennial rental housing licenses issued
• Time Frame: 2019-2030

INDI NDICATORS

We will know we are successful in meeting our housing goal and objectives when: Ob Object ctive: A Acces ccess to a a var ariety o

• f housing t

type pes wh whic ich ar are at attractive t to a a divers rse demograph aphic ic.

• % increase in the number of three and four bedroom rental units
• % increase in the number of accessory dwelling units
• % increase in the number of registered owner occupied group houses
• % increase in the number of townhouse units

■ Time Frame: 2019-2030

INDI NDICATORS

We will know we are successful in meeting our housing goal and objectives when: Objective: M : Modera rate an and d hig igher de density in infill de development an and d mix mixed u use se residential l redevelop lopment

• ____ new housing units in high-rise, higher density residential and mix-use

developments located within the New Hampshire Avenue Corridor in Ward 2, Ward 3, and Ward 6

• ____ new housing units in mid-level, moderate density residential and mixed-

use developments in Wards 5 and 6

• Time Frame: 2019-2030

INDI NDICATORS

We will know we are successful in meeting our housing goal and objectives when: Obje jective: A Adv dvan ancement o

• f housing g

goal al t through adv advocac acy

• % of annual operating budget is set aside for housing affordability
• $

invested by local, regional, state and federal partners

■ Time Frame: 2019-2030

NEXT S EXT STEP TEPS

■ Establish Indicators ■ Develop Implementation Plan ■ Adopt Resolution Adopting Housing Strategies and Implementation Plan

City of Takoma Park, Maryland Housing and Community Development Department

takomaparkmd.gov/initiatives/project-directory/housing-and-economic-development-strategic-plan housing@takomaparkmd.gov