The City of Tacoma, in collaboration with its community partners, has developed a proposed Affordable Housing Action Strategy that addresses Tacoma’s key challenges and recommended approaches that the city could consider taking.
Key challenges addressed in the proposed strategy include accelerating housing market conditions, a limited rental supply, households experiencing significant housing cost burdens, and community members experiencing barriers accessing or staying in housing.
Recommended responses to these key challenges include the creation of new housing, keeping existing housing affordable and in good repair, helping community members stay in their current housing, and reducing barriers for those who often encounter them.
As part of the process to develop the proposed strategy, a Housing Market Policy Dashboard has also been created to reflect the potential impacts of market-based incentives for income-restricted affordable housing production.
Additional information regarding the proposed strategy and dashboard is available at cityoftacoma.org/affordablehousingstrategy.
The City Council will receive a presentation regarding the proposed strategy and dashboard during its regularly scheduled City Council meeting at 5 p.m. on Tuesday, Sept. 25. City Council meetings are aired on TV Tacoma and streamed on tvtacoma.com. Additional information on how to access TV Tacoma on television or via online streaming is available here.