SLIDE 1 C YOLANDA COLE
CHAIR, ULI WASHINGTON
APRIL 30, 2019
Increasing Housing Supply and Attainability: Improving Rules & Engagement to Build More Housing
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DE DEFINI FINING NG TH THE NE E NEED ED
Lack of supply contributes to the high cost of housing at all levels in the Washington, DC region.
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Housing is not keeping up with job growth
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How Can We Build More Housing?
Both Local and Regional Efforts are Necessary
There is No Silver Bullet Solution
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BUILD TRUST through Inclusive and Transparent Community Engagement
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IMP IMPRO ROVE EDU VE EDUCAT CATION ION AND AND COM COMMUNICAT MUNICATION ION about Development and Housing Considerations
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Establish a SHARED REGIONAL AND LOCAL VISION
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Advance Geographically and Socioeconomically EQ EQUI UITA TABL BLE DEV E DEVEL ELOPM OPMENT ENT
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PR PRES ESER ERVE VE AN AND EXP D EXPAND AND Committed Affordable Housing Choices
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Increase the Efficiency of LOCAL GOVERNMENT PROCESSES and INSTITUTIONAL STRUCTURES
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AD ADOP OPT T FLE FLEXI XIBL BLE POL E POLICIES ICIES to Accommodate Shifts in Housing Demand and other Market Conditions
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Improve Ho How an w and Whe d When Dev n Develop elopers ers In Inter teract act with the Community
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Improve Prioritization among COMMUNITY BENEFITS and DEVELOPER CONTRIBUTIONS
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“Interviewees estimated that a two-year approval process can add $2 million to $2.5 million in costs before fees and developer contributions regardless of whether a project is 60 or 600 units.”
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