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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

Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

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Page 1: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

C

YOLANDA COLECHAIR, ULI WASHINGTON

APRIL 30, 2019

Increasing Housing Supply and Attainability:Improving Rules & Engagement to Build More Housing

Page 2: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

DEFINING THE NEED

Lack of supply contributes to the high cost of housing at all levels in the Washington, DC

region.

Page 3: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

Housing is not keeping up with job growth

Page 4: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

How Can We Build More Housing?

Both Local and Regional Efforts are Necessary

There is No Silver Bullet Solution

Page 5: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

BUILD TRUSTthrough Inclusive and Transparent Community

Engagement 1

Page 6: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

IMPROVE EDUCATION AND COMMUNICATIONabout Development and Housing Considerations2

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Establish a SHARED REGIONAL AND LOCAL VISION3

Page 8: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

Advance Geographically and SocioeconomicallyEQUITABLE DEVELOPMENT4

Page 9: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

PRESERVE AND EXPANDCommitted Affordable Housing Choices5

Page 10: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

Increase the Efficiency of LOCAL GOVERNMENT PROCESSES and INSTITUTIONAL STRUCTURES6

Page 11: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

ADOPT FLEXIBLE POLICIES to Accommodate Shifts in Housing Demand and other Market

Conditions7

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Improve How and When Developers Interact with the Community8

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Improve Prioritization among COMMUNITY BENEFITS and DEVELOPER CONTRIBUTIONS9

“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.”

Page 14: Increasing Housing Supply and Attainability: Improving ... · Housing is not keeping up with job growth. How Can We Build More ... Improve How and When Developers Interact 8 with

PICK UP THUMB DRIVE AT ULI DISPLAY IN ATRIUM

THANK YOU!