AGENDA DATE: 10/7/2020
TITLE:
Title
Housing Albemarle - draft housing policy recommendations
BODY
SUBJECT/PROPOSAL/REQUEST: Presentation and discussion of the draft housing policy document
ITEM TYPE: Regular Information Item
STAFF CONTACT(S): Stacy Pethia
PRESENTER (S): Richardson, Walker, Kamptner, Filardo, Rapp, Pethia
LEGAL REVIEW: Not Required
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: Albemarle County is committed to creating sustainable communities and safe, decent housing opportunities for our residents. Since 2004, our Comprehensive Plan and Affordable Housing Policy have provided guidance on how we meet that need. However, new residential development in the County has not kept pace with growing housing demand, leaving many County residents struggling to find housing they can afford that meets their needs. The Comprehensive Regional Housing Study and Needs Analysis1 report released in 2019, identified more than 10,000 homeowners and renters who are paying more than the recommended 30 % of gross household income for housing and housing related costs. As the County continues to grow, that number is estimated to increase by 4,000 households by the year 2040. To ensure the County continues to provide sufficient and appropriate housing opportunities in our community, the County embarked on an effort to update our housing policy in October 2019. The new policy recommendations provide the tools necessary to meet the diverse housing needs of all County residents regardless of income, age, or other special needs.
STRATEGIC PLAN: Infrastructure Investment: Prioritize, plan, and invest in critical infrastructure that responds to past and future changes and improves the capacity to serve community needs
DISCUSSION: In April 2019, the Thomas Jefferson Planning District Commission published the Comprehensive Regional Housing Study and Needs Assessment2 report. This study, which examined housing needs on both a county level and region-wide b...
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