Housing Strategic Plan

Most successful municipal endeavors are guided by master plans. Enterprise-funded services have strategic plans that project future demands for services and develop fiscal models to pay for improvements. Moreover, strategic plans are also prepared for parks, fire services, police services, and other general fund services. Few cities have an equivalent “housing strategy” other than plans required by the state and federal government that guides the expenditure of funds for housing. The City will thus develop a Housing Strategic Plan. The City will conduct a housing demand analysis based on a projection of industries, employment levels, and associated demand for housing at different price points over the life of the General Plan. The study will contain a fiscal model and financing plan to generate revenues necessary to meet the City’s housing needs. Finally, a detailed assessment of land and administrative resources will guide program implementation. Progress will be programmed into the overall General Plan monitoring program to guide housing policy.