Affordable Housing Incentives: Assess, develop and launch a suite of targeted incentives that support housing development to expand the supply of housing that is affordable. Incentives to be examined would include capital grants, interest free loans, tax abatement, tax increment financing, waiver of development fees and land donations.
Housing-based Zoning and Regulatory Reforms: Allow for increased housing density on a single lot including promoting “missing middle” housing forms. Regulatory changes to be considered would include broadening permitted uses, reducing zoning standards, adding density, promoting accessibility, and amending regulatory tools to support housing affordability and permit a broader range of multi-residential housing.
Middle and High-density Housing Tools: Promote and allow for more housing types that serve vulnerable populations, identify pressure points in the local market regarding mid and higher density housing, and address middle and higher density gaps evident in the local market that will help add to the supply of multi-residential units that are better suited to smaller households and those requiring greater affordability.
Innovative Practices in Housing Delivery: Encourage alternative forms of housing construction such as modular housing, manufactured housing, and prefabricated housing. Expanding possible housing types and delivery techniques will help to shorten development timelines, broaden options, and reduce the cost of housing. Work would first focus on a development process review, in order to shorten potential approvals timelines.
Establishing a Municipal Land Bank: Develop a municipal land inventory and associated mechanisms to acquire and utilize public lands suitable for housing development.
Property Utilization: Promote infill developments with increased housing density and a variety of unit types. Realizing this potential has the added benefit of more effectively utilizing and servicing infrastructure that is already in place.
Capacity, Partnership and Education: Establish capacity, partnership and education strategies with not-for-profit housing providers to increase the stock of affordable housing, build additional stakeholder capacity, foster beneficial housing partnerships, and broaden awareness of housing issues among the public.