Increasing Housing Supply and Attainability: Improving Rules & - - PowerPoint PPT Presentation

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Increasing Housing Supply and Attainability: Improving Rules & - - PowerPoint PPT Presentation

C Increasing Housing Supply and Attainability: Improving Rules & Engagement to Build More Housing YOLANDA COLE CHAIR, ULI WASHINGTON APRIL 30, 2019 DE DEFINI FINING NG TH THE NE E NEED ED Lack of supply contributes to the high cost


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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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PICK UP THUMB DRIVE AT ULI DISPLAY IN ATRIUM

THA THANK YO NK YOU! U!