HomeMy WebLinkAboutCommittee of the Whole - 04 Mar 2019 - Agenda - PdfCITY OF RENTON
AGENDA Committee of the Whole Meeting
6:00 PM - Monday, March 4, 2019
Conferencing Center, 7th Floor, City Hall — 1055 S. Grady Way
1. Affordable Housing Policy Discussion
a) Presentation
b) Memo
c) Regional Affordable Housing Task Force Report
d) Staff Recommendation
2. Municipal Arts Commission Projects Briefing
3. Emerging Issues
AFFORDABLE HOUSING -
OUTLINE OF PROPOSED FIVE-YEAR ACTION
PLAN FOR RENTON
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Residents in every community in the
county are facing are unprecedented
challenge in finding crud keeping a home
they can afford. Affordable housing
is cr critical component of our regions
infrastructure, and we must act together,
across all levels of government and
all sectors, to address this crisis and
erasure the health and livability odour
communities and the economic vitality
of our region.
TASK FORGE'S FIVE YEAR ACTION PLAN
Overarching Goal:
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TASK FORCE FINDINGS
HOME PRICE i
2012-2017
53%
RENT A
2012-2017
11 47%
244,000
Additional Affordable Homes
needed by 2040
COST BURDENED HOUSEHOLDS
TODAY
1561000 HH
73F000
0-30 % AMI
3500
491400
4
2441000 H H
1 0Lr7OO
0-3096 Agri
731300
31-5096 AI
681000
51-80 Ali
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TASK FORCE FINDINGS
3,000,000
2,500,000
King County
Population and Employment Growth History and Projections, 2000-2040
2,000,000 Population `13'17
1.2% Growth ,...••
ff••••`
••\fff•f\fff••i++\f
+.....• `17-'40
PSRC Forecast
0.5%
2.1% ...f...+•
CAGR 110-113 ,,,..■•`
100-105 105-110 0.9% ..... f • •
1,500,000 0.9% 1_2% . f f • 1 f
Employment ••••""•■ .172A0
1,000,000
500,000
103'08 108-110 110-'16
100-103 1 7% -3.3% 2.8%
-2.1%
1.3%
0
b r N �*1 V) lb 1+ oC dti b r N M 1A s� I� CG d� G r N M 4A LO I� 06 dt b r N M Ln %0 r, W M 0
O C b b C b G b O r r r r r r r r r r N N N N N N N N N M M M M M M M CA M
b b b b b b b G b b b b b b b b G b b b G b b b b G b b b G b b b b b b b b G b
N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N
Sources: PSRC, 2015; Washington State ESL), 2017; Washington State OFM, 2017; Community Attributes 2017
�.
TASK FORCE FINDINGS
SINGE 2010F ON AVERAGE,
KING COUNTY HAS ADDED
31,800 PEOPLE PER YEAR, OR
13,000 HOUSEHOLDS AT 2945
PERSONS PER HOUSEHOLD.
ONLY 10,100 NEW HOUSING
UNITS PER YEAR ON
m
AVERAGE HAVE BEEN ADDED
DURING THE SAME TIME.
3
TASK FORCE FINDINGS
Change in King County Households b
Income Range, 2006-2016
Households
70,000
60,000
50,000
40,000
30,000
23,900
19,600
20,000
10,000
Lower Income Middle Income
65,500
Upper Income
Less than $50,000 $50,000 - $124,999 $125,000 or More
Sources: U5 Census Bureau, ACS 1-Year Estimates; Community Attributes 2017
�.
TASK FORCE FINDINGS
Loss of Affordable Rental Housing -1
(# of units in thousands)
351
41 3 3H 369 360 357
28 38
75 148 11 17
60
150 17
134 140 154 153140
122
11 13
0 7
2007 2008 2008 2010 2011 2012 2013 2014 2015 201
■ 0-50#CAM I ■ 50-80#CAM I ■ 80°AMI
Sources: McKinsey, American Community Survey Public Use Microdata Sample
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TASK FORCE FINDINGS
Severe Cost Burden: By Income and Age
More than 100,000 low-income households are severely cast burdened.
Severe Cost Burden by Area Median Income (AM]) Severe Cost Burden Within Income Levels
84-125% >125%
o
AMI
AMI
rcr 125%,U11 0,39i
50-80%
AMI an-125a+AMI � 1.n
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AM
SDI]AMI
5
a ix 0-3096 Q Wx -aU%mi ■ 7.0%
30.50% �
1 24, 2OQ F
I Severely CostBurdened 30%'5%WNI - 21,n
HausehaIds Countywide
0-30%ANI
i3 n�njurrry tVS&V rjf ws[
DrrUened hor�seho�+s makefess
Nan haJ� the area mediarrilkroAre
For a 4Per"n *N aehWs '
3fl AMI $28,6da
60%AAfL $48X60
100%AMI. 586,0W
Data Sources; 2011-2015ACS 5-yearPublic Use Microdata Samples(PUMS)
AffwgAmwWds eamiagless
Mi,ua, szs%am
&VWq costGurrd4wrca
57.5%
0% 20% 40% 600� S i
percent 5everelr Cost 8 urdened
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TASK FORCE FINDINGS
Renters are twice as likely to be severely cost burdened compared to
homeowners. Over 70,000 renters are severely cost burdened.
Severe Cost Burden by Renters & Homeowners
Renters
wnewners
�Avre rharr �a�f��allsec�e+�y
COd� �flntCi7Gd h# uSCf Kidd
f�rPiG9f5
Data Sources: 2011-2015 ACS 5-year Public Use Microdata Samples (PUMS)
°Io of Renters and Homeowners that are
Severely Cost Burdened
Ren[ers 21z%
�i.$°a p��Jlr�,aAPr€�rP
Homeownersi 1.49E ' eEev# �sF�r ed
0°ro 69E 10% 15% 25%
Percent Severe ly Cost Bu rdened
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TASK FORCE FINDINGS
The youngest and oldest residents are most likely to be severely cost burdened.
Severe Cost Burden by Age
Age 65 *
< Years Old
isehDlderAge
40
E
Age 41-64
Data Sources; 2011 2015ACS 5 year Public Use Microdata Samples (PUMS)
Severe Cost Burden Within Age Groups
55 - 20%
41-64 t3'Jfi
.4r�rgr��lmrrsehoJds u�elfe Ure
odd. 35$ are severely cost
burdened
Less than 25 36%
0% 5% 10% 15% 20% N% 30% 35%
Percent 5eve rely C05t Burdened '
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RENTON'S NEED FOR AFFORDABLE HOUSING
RENTON"s NEED FOR AFFORDABLE HOUSING
City of Renton
Civil Engineer 1
$66,000
$1,650
$289,473
Renton School District
Teacher with BA
$35,700
$893
$156,578
*no experience
Teacher with MA
$42,800
$1,070
$187,719
*no experience
KC Library System
ME"r-
Librarian
$42,000
$1,050
$184,210
U.S. Postal Service
Mail Carrier
$51,429
$1,285
$225,565
Postmaster
$73,994
$1,849
$324,534
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RENTON"s NEED FOR AFFORDABLE HOUSING
2017 King County Fair Market Rents According to HUD
$1,093 $1,249 $1,544 $2,240
$2,654
Actual Monthly Rent of Select Renton Apartment Complexes (2017)
Apartments• • : - • : - • ri : • ocation Year
Built
The Reserve $1,505+ $1,695+ $2,260+ - The Landing 2008
The Lofts (2nd &
Main) - $1,475+ $1,950+ $21410+
Copper Ridge - $1,125+ $1,375+ $1,795+
Grammercy - $11360+ $1,415+ $1,925+
Downtown 2017
Talbot
Benson
1985n
1985m
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RENTON"s NEED FOR AFFORDABLE HOUSING
Median Home Sale Prices (January 2017 thru June 2017)
Federal Way
$360,000
$152,500
$345,000
Des Moines
$365,052
$185,000
$350,000
Auburn
$369,500
$214,000
$355,000
Kent
$380,000
$234,950
$360,000
Burien
$421,511
$171,500
$400,000
Renton
$477,753
$230,000
$435,000
King Co.
$619,800
$361,000
$550,000
Seattle
$695,941
$443,500
$632,000
Redmond
$872,500
$419,500
$767,000
Bellevue
$1,100,000
$470,000
$852,800
Housing Units Needed to Meet Countywide Planning Policies
0-30% AMI
21993
41773
12%
30%-50% AM
Met
11068
12%
50%-80% AM
Met
Met
16%
TASK FORGE'S FIVE YEAR ACTION PLAN
1.
2.
3.
jq
5.
6.
7.
�.
OUTLINE OF PROPOSED FIVE-YEAR AFFORDABLE
HOUSING ACTION PLAN F"' THE CITY OF RENTON
Ongoing and/or Planned Efforts
Aligned with the RAH Task Force Recommendations
Code Amendments:
Notes:
Code Amendments:
Notes:
Code Amendments:
Notes:
Code Amendments:
Notes:
Tenant Protections:
Z
Notes:
Incentives:
Notes:
m
Incentives:
Notes:
OUTLINE OF PROPOSED FIVE-YEAR AFFORDABLE
HOUSING ACTION PLAN FC-% THE CITY OF RENTON
RAH Task Force Recommended Strategies for City Council's Consideration
Years 1-2
Community Outreach:
Community Outreach:
Lobby:
Surplus Property:
Code Amendments:
Notes:
Funding:
Notes:
n
Funding:
m
Funding:
Notes:
m
Funding:
OUTLINE OF PROPOSED FIVE-YEAR AFFORDABLE
HOUSING ACTION PLAN FOR THE CITY OF RENTON
RAH Task Force Recommended Strategies for City Council's Consideration
Years 3-5
Community Outreach:
Advocate:
Code Amendments:
Property Acquisition:
Notes:
Funding:
m
Funding:
AGEND
DEPARTMENT OF COMMUNITY
& ECONOMIC DEVELOPMENT
M E M O R A N D U M
DATE: March 4, 2019
TO: Don Persson, Council President
Members of Renton City Council
FROM: C.E. "Chip" Vincent, CED Administrator
STAFF CONTACTS: Mark Santos -Johnson, Economic Development Manager
Paul Hintz, Senior Planner
SUBJECT: Staff's Recommended Strategies from the Five -Year Action
Plan Created by the King County Regional Affordable
Housing Task Force
The King County Regional Affordable Housing Task Force (Task Force) was created in 2017
to bring together representatives from King County, the City of Seattle and other cities
with the goal of developing a regional plan to address the affordable housing crisis in King
County. The Task Force concluded its work in December 2018 with a final report and Five -
Year Action Plan (Plan) as a way to spur the region into action quickly. The Plan identifies
specific actions that can be taken in the near term to implement the strategies, while also
establishing structure for ongoing collaboration in the form of an Affordable Housing
Committee of the Growth Management Planning Council to carry the work forward past
the five-year action plan.
The Plan urges the region to adopt strategies that ensure an adequate housing supply
countywide to meet the needs of low-income individuals and families who are cost -
burdened. This includes constructing new housing, preserving the quality and
affordability of existing housing, and providing subsidies when needed. Public resources
should be prioritized for serving households earning 50 percent area median income
(AMI) and below, while also leveraging private investments to support affordability from
50 percent to 80 percent AMI. However, private market participation alone will be
insufficient to address the full need at 80 percent AMI and below. The recommendations
are not mandates and they are not intended to place limits on local actions or override
local control.
The Plan establishes an overarching goal to "strive to eliminate cost burden for
households earning 80 percent Area Median Income and below, with a priority for serving
households at or below 50 percent Area Median Income." Additionally, the Plan created
the following specific goals, with associated strategies and specific actions.
1. Create and support an ongoing structure for regional collaboration.
#1. b)
AGENDA ITEM #1. b)
Don Persson, Council President
Page 2 of 2
March 4, 2019
2. Increase construction and preservation of affordable homes for households
earning less than 50% area median income.
3. Prioritize affordability accessible within a half mile walkshed of existing and
planned frequent transit service, with particular priority for high -capacity transit
stations.
4. Preserve access to affordable homes for renters by supporting tenant protections
to increase housing stability and reduce the risk of homelessness.
5. Protect existing communities of color and low-income communities from
displacement in gentrifying communities.
6. Promote greater housing growth and diversity to achieve a variety of housing
types at a range of affordability and improve jobs/housing connections
throughout King County.
7. Better engage local communities and other partners in addressing the urgent need
for and benefits of affordable housing.
The strategies and specific actions intended to further the goals are enumerated in the
Task Force's Plan (enclosed), and from that list of strategies and actions staff of the
Department of Community and Economic Development has outlined a list (enclosed) of
existing, planned, and proposed actions to further the creation and preservation of
affordable housing by the City of Renton within a five year timeframe. At this time, staff
is requesting a referral to work with the Planning and Development Committee to refine
this list and explore implementation of the actions proposed in years one and two in order
to advance affordable housing strategies.
Committee of the Whole - Recommendations from King County's Regional Affordable Housing Task Force
C
AGENDA ITEM #1. c)
FIVE YEAR ACTION PLAN
The Task Force recommended a Five -
Year Action Plan as a way to spur the
region into action quickly. The Action
Plan includes seven goals and each goal
has a number of strategies to achieve
the goal. The Action Plan also identifies
specific actions that can be taken in the
near term to implement the strategies.
While encouraging quick action, the
Plan also establishes the structure for
ongoing collaboration to carry the work
forward past the five-year action plan.
The region should adopt strategies to
ensure an adequate housing supply
countywide to meet the needs of
low-income individuals and families
who are cost -burdened. This includes
constructing new housing, preserving
the quality and affordability of existing
housing, and providing subsidies when
needed. Public resources should be
prioritized for serving households
earning 50 percent AM and below, while
also leveraging private investments to
support affordability from 50 percent to
80 percent AMI. However, private market
participation alone will be insufficient to
address the full need at 80 percent AMI
and below.' These recommendations
are not mandates. They are not intended
to place limits on local actions or
override local control.
1 With significant public support (reduced land
costs and fees and significant density), some
markets may be able to incorporate lower
affordability into private market developments.
Page 2 I Final Report Summary
AGENDA ITEM #1. c)
REGIONAL
FIVE YEAR
AFFORDABLE HOUSING
TASK FORCE ACTION PLAN
OVERARCHING GOAL:
Strive to eliminate cost burden for households earning 80 percent
Area Median Income and below, with a priority for serving
households at or below 50 percent Area Median Income.
STRATEGY A: Create an Affordable Housing Committee of the Growth Management
Planning Council (GMPC)
i. Maintain a website and prepare an annual report to collect data and report on progress
toward implementing the Action Plan
ii. Review and make recommendations to other governing bodies regarding funding/pursuing
new and innovative financing strategies, land use policies and State legislative agenda items
iii. Make recommendations to the GMPC for Countywide Planning Policies updates and to the
PSRC's Growth Management Policy Board
iv. Coordinate support for increased federal funding
v. Provide technical support to cities and the County and support new and existing sub -
regional collaborations
vi. Review and evaluate the Committee and recommend alternative governance structures if
needed to implement the Action Plan
STRATEGY B: Support the creation and operation of sub -regional collaborations to
increase and preserve affordable housing
i. Support the creation of sub -regional collaborations in all parts of King County
ii. Fund operations of sub -regional collaborations
iii. Encourage the growth and success of existing sub -regional collaborations
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Regional Affordable Housing Task Force I Page 3
AGENDA ITEM #1. c)
Increase construction and preservation of affordable
1. RRJ[ homes for households earning less than 50% area median
W 1117 IL709 income
v
STRATEGY A: The Affordable Housing
Committee will work with cities and the Countyao v
to identify and prioritize new resources to build or preserve 44,000 units in the nextE 4.1
five years and track progress toward the goal o y o o 2
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i. Identify revenue sources sufficient to support the local share of funding 44,000 units over / / /
five years V/ �/
ii. Collectively advocate to maintain and increase Federal resources directed toward
affordable housing in King County
iii. Collectively advocate for increased State resources to support affordable housing in King
County
iv. Explore unused authority to raise revenue to support the goal of building or preserving
44,000 units over five years
v. Work with business and philanthropy to increase and effectively leverage private invest-
ments in affordable housing
vi. Pursue strategies to reduce the cost of developing affordable units
vii. Monitor County and city progress toward raising funds necessary to produce 44,000 units
in the next five years
STRATEGY B: Make available at no cost, at deep discount, or for long term lease,
under-utilized property from State, County, cities, and non-profit/faith communities
i. Expand coordination to identify, acquire and develop property for affordable housing
ii. Track and report progress on REDI fund and Home & Hope
iii. Identify one or more parcels in their boundaries to prioritize for affordable housing
(for -profit or non-profit, new or preserved)
iv. Develop policies for the sale of County -owned property at reduced or no cost when used
for affordable housing, which may be used as a model ordinance by cities
STRATEGY C: Develop a short-term acquisition loan fund to enable rapid response to
preserve affordable housing developments when they are put on the market for sale
i. Identify entity to inventory all large (50+ unit) privately owned affordable multifamily prop-
erties at risk of redevelopment or rapid rent escalation
ii. Measure and monitor progress in preserving privately owned affordable housing through
nonprofit acquisition or other means
V
V V
V V V
V
Page 4 1 Final Report Summary
AGENDA ITEM #1. c)
v
STRATEGY A: Implement comprehensive inclusionary/incentive housing policies in T �o
all existing and planned frequent transit service to achieve the deepest affordability � E 4.1v
possible through land use incentives to be identified by local jurisdictions U i" 0 u° n
i. Provide technical assistance in designing inclusionary/incentive housing programs / /
ii. Provide website of example ordinances / /
iii. Propose and apply for state planning dollars / / /
iv. Evaluate and update zoning in transit areas in advance of transit infrastructure / /
investments V V
v. Evaluate the impact of development fees in transit areas and implement reductions if / /
positive impact found V V/
vi. Regularly measure implementation against goal / /
STRATEGY B: Maximize resources available for Transit Oriented Development (TOD)
in the near term
i. Consider bonding against future Lodging Tax revenues for TOD and use a portion of the /
funds to incentivize cities to support more affordable housing V
ii. Evaluate potential for the current Transfer of Development Rights program, which pre- /
serves rural and resource lands, to incentivize affordability outcomes if a receiving site is _v/
within a transit walkshed, among other places
STRATEGY C: Create and implement regional land acquisition and development
strategy
i. Identify priority "pipeline" of property for acquisition and development / /
ii. Adopt and implement property value discount legislation/guidance as needed, including /
updated valuation guidance V
iii. Fund land acquisition, aligned with Goal 2, Strategy B ✓ ✓ ✓
iii. Adopt increased zoning to maximize affordable housing on acquired parcels / /
iv. Identify entity to purchase and hold land prior to construction ✓ ✓ ✓
v. Fund capital construction and preservation / / /
Regional Affordable Housing Task Force I Page 5
AGENDA ITEM #1. c)
STRATEGY A: Propose and support legislation and statewide policies related to
T
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tenant protection to ease implementation and provide consistency for landlords
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i. Support the development and adoption of statewide legislation and policy related to tenant
/
V
/
V
/ /
V V
protections
ii. Review proposed statewide policies and legislation
/
/
iii. Develop tools landlords can use to help low-income renters, such as a fund landlords can
/
V
/
V
access to make repairs so costs are not passed on to low-income renters
STRATEGY B: Strive to more widely adopt model, expanded tenant protection
ordinances countywide and provide implementation support
i. Provide model ordinances
/
ii. Pursue a signed ILA for enforcement support
/
/
/
iii. Identify resources to conduct work
iv. Increase education for tenants and property owners regarding their respective rights and
/
V
/
V/
responsibilities
v. Adopt ordinances as appropriate
/
/
STRATEGY C: Expand supports for low-income renters and people with disabilities
i. Utilize funds from the Veterans, Seniors and Human Services Levy for shallow rent
/
subsidies to help keep people in their homes
V
ii. Increase funding for emergency rental assistance
-/
_/
iii. Increase deep rental subsidies (in addition to shallow)
-/
_/
iv. Fund services to address barriers to housing
-/
_ /
v. Expand civil legal aid support
_ /
_ /
vi. Expand education of tenant and property owner rights and responsibilities
_ /
_ /
vii. Increase funding for services that help people with disabilities stay in their homes and/or
age in place
Page 6 1 Final Report Summary
AGENDA ITEM #1. c)
STRATEGY A: Authentically engage communities of color and low-income
communities in affordable housing development and policy decisions
i. Provide capacity grants to small organizations representing communities of color or low-
income communities to support their engagement in affordable housing development
ii. Contract for a toolkit/checklist on community engagement in planning discussions
iii. Utilize the toolkit and intentionally include and solicit engagement from members of
communities of color or low-income households in policy decision -making and committees
STRATEGY B: Increase investments in communities of color and low-income
communities by developing programs and policies that serve individuals and
families at risk of displacement
i. Use Seattle's Equitable Development Initiative as a model for how government can invest in
under -represented communities to promote community -driven development
ii. Build upon the work of the Communities of Opportunity initiative
iii. Include cities, investors, and community -based organizations in development of
certification process and matching dollars for socially responsible, equitable Opportunity
Zone investments that prevent displacement
iv. Expand requirements to affirmatively market housing programs and enhance work to
align affordable housing strategies with federal requirements to Affirmatively Further Fair
Housing
v. Encourage homeownership opportunities as a way to prevent displacement within
communities of color while also promoting the growth of intergenerational wealth
vi. Where appropriate, acquire and preserve manufactured housing communities to prevent
displacement
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Regional Affordable Housing Task Force I Page 7
AGENDA ITEM #1. c)
STRATEGY A: Update zoning and land use regulations (including in single-family low-
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rise zones) to increase and diversify housing choices
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i. Provide model ordinances
_/
_/
ii. Incentivize cities adopting and implementing strategies that will result in the highest impact
/
towards addressing the affordable housing gap, specifically at the lowest income levels
V
iii. Review and update zoning and land use code to increase density
/
/
iv. Explore opportunities to pilot innovative housing in industrial zones, with a focus on TOD
/
V
/
V
and industrial buffer zones
v. Update building codes to promote more housing growth and innovative, low-cost
/
V
/
V
development
vi. As part of any updated zoning, to evaluate feasibility of incorporating affordable housing
/
/
provisions
V
V/
vii. Promote units that accommodate large households and/or multiple bedrooms
_ /
v
_ /
v
STRATEGY B: Decrease costs to build and operate housing affordable to low-income
households
i. Maximize and expand use of Multi -Family Tax Exemption
/
/
ii. Reduce sewer fees for affordable housing
/
iii. Reduce utility, impact and other fees for affordable housing and Accessory Dwelling Units
/
(ADUs)
V
iv. Streamline permitting process for affordable housing development and ADUs
/
/
v. Support condominium liability reform
/
/
/
vi. Exempt affordable housing from sales tax
/
vii. Explore incentives similar to the Multi -Family Tax Exemption for the development of ADUs
/
V
/
V/
for low-income households
(Continued on next page).
Page 8 1 Final Report Summary
AGENDA ITEM #1. c)
STRATEGY C: Incentivize growth and affordability goals by expanding tools for
investments in local infrastructure
i. Advocate for a strong, equitable financing tool that captures value from development to fund infra-
structure and affordable housing investments (aka: value -capture or tax -increment financing tools)
ii. Advocate for state public works trust fund investments
STRATEGY D: Expand and preserve homeownership opportunities for low-income
households
i. Increase educational efforts to ensure maximum use of property tax relief programs to
help sustain homeownership for low-income individuals
ii. Support alternative homeownership models that lower barriers to ownership and provide
long-term affordability
iii. Expand targeted foreclosure prevention
iv. Where appropriate, preserve existing manufactured housing communities through use -
specific zoning or transfer of development rights
v. Encourage programs to help homeowners (esp. low-income) access financing, technical sup-
port or other tools needed to participate in and benefit from infill development opportunities
STRATEGY A: Support engagement of local communities and residents in planning
efforts to achieve more affordable housing
i. Develop toolkits and strategies to better engage neighborhoods and residents in affordable
housing development
ii. Use existing data and tools to greatest extent possible, i.e. PSRC Vision 2050 work
iii. Use community engagement techniques that promote more equitable community engage-
ment in zoning and siting decisions
STRATEGY B: Expand engagement of non -governmental partners (philanthropy,
employers, investors, private developers and faith communities) to support efforts
to build and site more affordable housing
i. Create stakeholder partnerships with business, philanthropy, non -profits, faith -based
organizations, the health care sector, and others to encourage investments in affordable housing
ii. Encourage business, organized labor, and philanthropy to support public dialogue on
affordable housing
V V
V V
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Regional Affordable Housing Task Force I Page 9
AGENDA ITEM #1. d)
OUTLINE OF PROPOSED FIVE YEAR AFFORDABLE HOUSING ACTION PLAN FOR THE CITY OF RENTON
The following drafted outline of existing, planned, and proposed actions to further the creation
and preservation of affordable housing by the City of Renton is based on the Five Year Action
Plan developed by the King County Regional Affordable Housing Task Force.
Ongoing and/or Planned Efforts
Aligned with the RAH Task Force Recommendations
Code Amendments: Consider adopting reduced utility, impact and other fees for Accessory
Dwelling Units without a sunset date.
Notes: Completed and proposed for further review — since October of 2017, ADU fees
(except Fire and School Impact Fees) have been reduced by 50%. The existing Resolution
will sunset on 1213112020.
Code Amendments: Evaluate and update zoning in transit areas in advance of transit
infrastructure investments.
Notes: Partially completed and under further review — staff is currently evaluating zoning
around the future Bus Transit Station at the former Sound Ford site.
Code Amendments: Review and update zoning and land use code to increase density.
Notes: Partially completed as part of 2015 Comprehensive Plan update — this work will be
re-evaluated in advance of the next Comprehensive Plan update due in 2023.
Code Amendments: Where appropriate, preserve manufactured housing communities to
prevent displacement.
Notes: Completed — the City has long had the Residential Manufactured Home zone,
which helps to preserve existing manufactured housing communities.
Tenant Protections: Adopted Source of Income Discrimination (SOID) ordinance.
Notes: Completed — unlike the state law, the City of Renton's ordinance allows civil
penalties to be issued.
Incentives: Waived fees for affordable housing.
Notes: Completed — in 2018, the City adopted revisions that make any project in the City
eligible in exchange for creating affordable housing (in addition to other codified criteria).
Incentives: Maximize use of Multi -Family Tax Exemption.
Notes: Completed, however, further evaluation could be considered — the City established
a Property Tax Exemption Program for multifamily housing in 2003 and in 2018 adopted
revisions to the program.
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AGENDA ITEM #1. d)
OUTLINE OF PROPOSED FIVE YEAR AFFORDABLE HOUSING ACTION PLAN FOR THE CITY OF RENTON
RAH Task Force Recommended Strategies
for City Council's Consideration
Years 1-2
Community Outreach: Increase educational efforts to ensure maximum use of property tax
relief programs and other home improvement programs to help sustain homeownership for
low-income individuals.
Community Outreach: Increase education for tenants and property owners regarding their
respective rights and responsibilities.
Lobby: Actively support condominium liability reform and adoption of statewide legislation
and policy related to tenant protections.
Surplus Property: Identify one or more City -owned parcels to prioritize for affordable
housing, and make available at no cost, at deep discount, or for long term lease, under-
utilized property.
Code Amendments: Consider inclusionary/incentive housing policies around all existing and
planned frequent transit service.
Notes: The City currently offers bonus density for affordable housing in select zones (e.g., a
housing incentive), but it would be appropriate to evaluate code incentive.
Funding: Provide funding for the newly created South King Housing and Homeless Partners
(SKHHP).
Notes: The City's share of the 2019 budget for SKHHP is $26,463 and the City's share of the
2020 projected budget for SKHHP is $34,000.
Funding: Fund capital infrastructure improvements to aid the creation and preservation of
affordable housing.
Funding: Identify revenue sources to support the creation of affordable housing.
Notes: For example, adopt an affordable housing assessment fee (similar to our existing
3% technology fee) that generates revenue based on the value of new development.
Revenue could be added to the existing Housing Opportunity Fund established in 2008,
which has no remaining funds available.
Funding: Develop tools landlords can use to help low-income renters, such as a fund
landlords can access to make repairs so costs are not passed on to low-income renters (e.g.,
expand eligibility criteria and resources of the City's existing Housing Repair Assistance
Program).
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AGENDA ITEM #1. d)
OUTLINE OF PROPOSED FIVE YEAR AFFORDABLE HOUSING ACTION PLAN FOR THE CITY OF RENTON
RAH Task Force Recommended Strategies
for City Council's Consideration
Years 3-5
Community Outreach: Create stakeholder partnerships with business, philanthropy, non-
profits, faith -based organizations, the health care sector, and others to encourage
investments in affordable housing.
Advocate: Encourage homeownership opportunities and support alternative
homeownership models that lower barriers to ownership and provide long-term
affordability.
Code Amendments: Explore strategies to reduce the cost of developing affordable housing
units.
Property Acquisition: Expand coordination to identify, acquire and develop property for
affordable housing.
Notes: Staff could work with the RHA to aid their efforts.
Funding: Fund housing preservation and land acquisition in partnership with the RHA or
others.
Funding: Contribute funding for existing emergency rental assistance programs.
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