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The collective work of PSRC, counties, cities, and other agencies and organizations is needed to implement the Regional Housing Strategy and meet the region’s housing needs. Many of the needed actions require work by cities and counties as zoning and permitting are local functions.
The following implementation approaches are proposed to address existing gaps in capacity, resources and funding:
Jurisdiction
Capacity
Resources
Funding
Federal
Expand LIHTC, Section 8, and other funding sources to build and preserve income restricted units
Expand home ownership and down payment assistance
State
Support local jurisdictions in advocating for federal reforms
Technical assistance to support comprehensive plan updates and ongoing housing work
Expand the Housing Trust Fund to build and preserve income restricted units
Expand home ownership and down payment assistance
Support the continued authorization of local funding mechanisms and provide additional funding options for local jurisdictions
PSRC
Support state and local efforts to advocate for funding reforms
Convene stakeholders to increase collaboration, resource sharing, and public-private partnerships
Provide technical assistance to support local work, including guidance on engaging community members, and model codes and ordinances
Provide data and research including ongoing monitoring of implementation efforts, and exploring the feasibility of potential new tools and resources
Explore financial incentives for housing actions, including prioritizing transportation funding for projects that support affordable housing
Multi-Jurisdictional
Support state and local efforts to advocate for funding reforms
Convene stakeholders to increase collaboration, resource sharing, and public-private partnerships
Support local audits of existing development regulations and revise as needed
Increase consistency in development regulations
Establish and/or expand a capital fund
Explore establishing a housing benefit district, if enabled
Local Jurisdiction
Join a multi-jurisdictional agency, if applicable
Rezone/upzone
Establish/expand tenant and landlord programs
Audit existing development regulations and revise as needed
Increase contributions to multi-jurisdictional agency capital funds, if applicable
Audit existing and potential local revenue sources and adopt new sources as needed
The collective work of PSRC, counties, cities, and other agencies and organizations is needed to implement the Regional Housing Strategy and meet the region’s housing needs. Many of the needed actions require work by cities and counties as zoning and permitting are local functions.
The following implementation approaches are proposed to address existing gaps in capacity, resources and funding:
Jurisdiction
Capacity
Resources
Funding
Federal
Expand LIHTC, Section 8, and other funding sources to build and preserve income restricted units
Expand home ownership and down payment assistance
State
Support local jurisdictions in advocating for federal reforms
Technical assistance to support comprehensive plan updates and ongoing housing work
Expand the Housing Trust Fund to build and preserve income restricted units
Expand home ownership and down payment assistance
Support the continued authorization of local funding mechanisms and provide additional funding options for local jurisdictions
PSRC
Support state and local efforts to advocate for funding reforms
Convene stakeholders to increase collaboration, resource sharing, and public-private partnerships
Provide technical assistance to support local work, including guidance on engaging community members, and model codes and ordinances
Provide data and research including ongoing monitoring of implementation efforts, and exploring the feasibility of potential new tools and resources
Explore financial incentives for housing actions, including prioritizing transportation funding for projects that support affordable housing
Multi-Jurisdictional
Support state and local efforts to advocate for funding reforms
Convene stakeholders to increase collaboration, resource sharing, and public-private partnerships
Support local audits of existing development regulations and revise as needed
Increase consistency in development regulations
Establish and/or expand a capital fund
Explore establishing a housing benefit district, if enabled
Local Jurisdiction
Join a multi-jurisdictional agency, if applicable
Rezone/upzone
Establish/expand tenant and landlord programs
Audit existing development regulations and revise as needed
Increase contributions to multi-jurisdictional agency capital funds, if applicable
Audit existing and potential local revenue sources and adopt new sources as needed