Affordable Housing Strategy
Affordable Housing Strategy • Developed with stakeholder groups, including residents • Provides an Action-Oriented Plan – – Measures current and future housing needs Determines priorities Provides benchmarks for evaluation Based on best practices (proven methods and approaches); and – Identifies costs and benefits associated with plan implementation • Demonstrates City’s commitment to potential housing partners
Housing Strategy Process • • Housing Task Force (May 2008) Housing Needs analysis (June 2008) • • • Policy Options (July – September 2008) • • • Consultation with non-profit organizations, developers, seniors, low-income individuals, the public Review of statistical data Evaluate current and potential policies Evaluate potential role for the City and other stakeholders Implementation • Identification of funding opportunities and specific actions
The Housing Continuum • Challenges related to housing affordability can affect many different households, not only those traditionally considered ‘in need’ • As housing costs increase faster than incomes, “housing continuum” concept offers range of affordable housing options
Chilliwack Housing Continuum
Chilliwack: Shelter beds • 2008 Homeless Count : 98
Chilliwack: Affordable Rentals
Chilliwack: Affordable Rents
Priority Areas • Shelter beds and outreach • Transitional & Supportive Housing • Low income rentals for non-seniors – market or subsidized • Public Open House : all areas should be a priority
Policy Options • Supportive Land use policies – Densification, flexible zoning • Relaxation of Development Cost Charges • Density Bonus – Increased density in return for contribution
Policy Options • Affordable Housing Reserve Fund – Dedicated source of income required – Community Housing Foundation • Donation of City Owned Land • Partnerships
Recommendations • Engage in partnerships with other levels of government - to secure funding support • Establish an Affordable Housing Reserve Fund to leverage contributions towards housing • Establish a Community Housing Foundation • Pursue strategies to improve access to affordable rental housing • Provide on-going education, advocacy and monitoring
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