Quantify the County's housing needs and the resources needed to address the issue.
Identify tools, programs, and partnerships that can tackle the issue.
Finalize the action plan, and lay out a clear path forward.
"Affordability" is a broad concept that relates to whether a given household, regardless of income, can afford quality, stable housing options. Housing is conventionally understood to be "affordable" if the household pays no more than 30% of its income toward housing costs (i.e., rent or a mortgage payment).
The term "affordable housing" typically describes housing that is affordable to households with low and moderate incomes. This includes:
Housing Our Future is focused on housing affordability generally, and will be exploring solutions that expand quality affordable housing options for people at all levels of income, including supporting workforce housing availability. But the process will give special attention to housing that is affordable to low- and moderate-income households, because these are the households most burdened by the shortage of affordable housing in the region.