Transcript Document

Workforce Housing:
Tools That Work
Presented by
Chris Venne, Development Finance Manager
Tools that Work
Why does workforce housing matter?
– Economic Development
– Quality of Life
– Meeting Basic Needs
Tools that Work
• Direct Investments
• Partnerships
• Innovative Land Uses
• Innovative Funding
• Community Involvement
Tools that Work
Direct Investment
• Education
• Mortgage Assistance
• Rental Assistance
• Land Contribution
– Shoshone County, Idaho
• Direct Development
Tools that Work
Partnerships
• Developers, Jurisdictions, Public Agencies,
Non-Profits, Other Employers
– North Idaho Housing Coalition
– Planet construction/BCHA
Tools that Work
Innovative Land Use
• Small lots, ADU’s, Narrower roads,
Alleys, etc.
• Performance based zoning
• Community Land Trusts
– Spokane CLT
Tools that Work
Innovative Funding
• Tax Credits, TIF, Tax Incentives, Local
Housing Trust Funds, Housing Levy, etc.
• Link Incentives to Workforce Housing
– Idaho Home Equity Partnership Fund
– Spokane Property Tax Exemption
Tools that Work
Community Involvement
• Reinforce the connection to Economic
Development and Quality of Life
• Support Incentives for Workforce Housing
• Help Build a Strong Non-Profit Community