city of renton agenda committee of the whole meeting
TRANSCRIPT
CITY OF RENTON
AGENDA Committee of the Whole Meeting
6:00 PM - Monday, February 1, 2021
Videoconference 1. Housing Action Plan Update a) Housing Action Plan
Currently, due to the spread of COVID-19, all regularly-scheduled committee meetings will be held as necessary via video-conference. City hall is closed to the public.
If you would like to attend this week's meeting remotely, you can do so by going to https://us02web.zoom.us/j/84106149222?pwd=aDR3UUN5L3dyQ3dTVTJFdmRsSm12QT09
Zoom Meeting ID: 841 0614 9222 Passcode: 327469
You can call through Zoom at 253.215.8782 and use the Meeting ID 841 0614 9222
City of Renton Housing Action Plan 2020Hannah BahnmillerHousing Programs Manager
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A ITEM #1. a)
Overview
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A ITEM #1. a)
Structure
STEP 1 Needs Assessment
STEP 2 Policy Review
STEP 3 Policy Tools
STEP 4 Recommendations
Subregional Framework (Auburn, Burien, Federal Way, Kent, Renton, and Tukwila)
Renton Housing Action Plan
HB 1923 Grant
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A ITEM #1. a)
SoKiHo Goals:
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Subregional Framework
Housing Market &
Household Demographics
Policy Impacts in the
Sub-Region
Consistent & Unified
Messaging
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HAP Goals:
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Housing Action Plan
Build on Past Work
Identify Near Term Strategies
Support Housing
Element Update
Adopt Unified Implementation
Plan
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Timeline
APRIL2020
AUGUST2020
OCTOBER2020
JANUARY2021
APRIL2021
Needs Assessment
HousingPolicy Review
Housing Policy & Tool Options
Recommendations
Renton’s Housing
Action Plan
Sub-Regional Framework
Grounding Discussions Community Conversations Online FeedbackCommunity Input
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A ITEM #1. a)
Engagement
APRIL2020
AUGUST2020
Community Input
OCTOBER2020
JANUARY2021
APRIL2021
Grounding Interviews
Community Conversations
Project Website
Renton’s Housing
Action Plan
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A ITEM #1. a)
Advisory Committee
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A ITEM #1. a)
South King Households
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Context
24%
17%
22%
9%
28%
18%
16%
23%
12%
31%
0%
5%
10%
15%
20%
25%
30%
35%
0-30% AMI 30-50% AMI 50-80% AMI 80-100 % AMI 100%+ AMI
Income Distribution in Sub-Region by AMI
2012 Households 2018 Households
PUMS, 2012 & 2018 (ECONorthwest)12
Displacement has already occurred at the lowest income levels, with uneven impacts
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A ITEM #1. a)
Context
18%
27%
32%
32%
39%
46%
20%
17%
33%
26%
21%
22%
62%
57%
36%
41%
41%
32%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Asian
White
Hispanic
Pac. Islander
Black
American Indian
Sub-Region Household Income as AMI by Race & Ethnicity
Under 50% AMI 50-80% AMI Over 80% AMI
PUMS, 2018 (ECONorthwest)13
Displacement has already occurred at the lowest income levels, with uneven impacts
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A ITEM #1. a)
South King Need
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A ITEM #1. a)
Underproduction + Future Need
Need
215,126 19,723 43,367
OFM 2019, PSRC 2017 (ECONorthwest)
Current Units
Current Underproduction
Future Need
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Housing production is not keeping pace with household growth in South King County
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A ITEM #1. a)
Annual Production
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3,1552,149
CURRENTNew housing units built in SKC
on average every year since 2011
FUTURE NEEDAverage number of new units
needed in SKC per year through 2040
Context
OFM 2019, PSRC 2017 (ECONorthwest)16
Almost a 50% increase in average production is needed to meet 2040 housing need targets
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A ITEM #1. a)
521
172
339
211
300
463
301
105
202
77
307
438
0 100 200 300 400 500 600
Auburn
Burien
FederalWay
Tukwila
Kent
RentonAnnual needed production
Average annual new housing
Increase in yearly housing
production to meet 2040 targets
+6%
0%
+174%
+68%
+64%
+73%
Context Housing production is not keeping pace with household growth in South King County
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A ITEM #1. a)
Renton Households
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A ITEM #1. a)
Household Income in Renton
Lowest Highest
Area Median
Income
(2019)50% of Households 50% of Households
Area = King County
$108,600
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80% - 100% AMIModerate Income
50% - 80% AMILow Income
30% - 50% AMIVery Low Income
30% or less of AMIExtremely Low Income
1 person
2 person
3 person
4 person
up to $23,250 $38,750 $62,000 $77,500
$26,580 $44,300 $70,880 $88,600
$29,910 $49,850 $79,760 $99,700
$33,210 $55,350 $88,560 $110,700
Engineer$104,290
Dental Hygienist
$92,860
Architect$79,030
100% AMI (2019)
$108,600
EMT$75,490
Middle School Teacher$66,490
Drywall Installer$62,080
Admin Assistant
$45,910
Bartender$39,440
Restaurant Cook$33,760
Personal Care Aide
$29,610
Food Prep$25,640
HUD 201920
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A ITEM #1. a)
= 250 households
>100% AMI
of Renton households44%
80–100%
11%15%50–80%
14%30–50%
16%0–30%
Household IncomesA
GEN
DA ITEM
#1. a)
… and about 46% of Renton’s households
rent their homes.
About 54% of Renton’s households own their homes...
>100% AMI80–100%50–80%30–50%0–30%
= 250 households
of Renton households44%11%15%14%16%
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A ITEM #1. a)
About 37% of all Renton’s households are experiencing a housing cost burden.
have high housing costs
(housing >30% income)>100% AMI80–100%50–80%30–50%0–30%
= 250 households
Ow
ners
Ren
ters
7%32%48%68%84%
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About 16% of all Renton’s households are experiencing a severe housing cost burden.
= 250 households
>100% AMI80–100%50–80%30–50%0–30%
Ow
ners
Ren
ters
have severe housing costs
(housing >50% income)0%5%7%24%66%
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Context
HUD CHAS, 2012-2016 estimates (BERK)
Cost Burdened Households by Race in Renton
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There are diverse needs for housing-related support in Renton
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Context
HUD CHAS, 2012-2016 estimates (BERK)
Renton Households by Race and Tenure
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There are diverse needs for housing-related support in Renton
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A ITEM #1. a)
Renton Housing Needs
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Housing Needs Statements 1
By 2040, Renton will need another 9,300 housing units.
Low- and moderate-income households in Renton are facing increased cost burden in the market.
Existing supplies of developable land in Renton can support local housing needs.
Renton needs additional supplies of subsidized, income-qualified housing.
There are diverse needs for housing-related support in Renton.
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1
2
3
4
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A ITEM #1. a)
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Significant government
support essential Significant
government support needed
for most housing types and markets
Subsidy or incentives
needed in many markets
Permissive zoning or
zoning flexibility
needed in some markets
>125% AMI80-125% AMI50-80% AMI30-50% AMI<30% AMI
Le
ve
l o
f S
up
po
rt
Greater government intervention
is required at lower AMI
levels
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A ITEM #1. a)
Affordability Level by Housing Type
AMI Studio 1-bed 2-bed
30% $542 $582 $698
50% $904 $970 $1,164
80% $1,448 $1,552 $1,862
100% $1,810 $1,938 $2,326
Context
HUD, 201830
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A ITEM #1. a)
Context
758
4,885
13,140
4,878
1,620
4,885
6,200
7,763
4,370
6,513
0
5,000
10,000
15,000
20,000
0-30% AMI 30-50% AMI 50-80% AMI 80-100 % AMI 100%+ AMI
Existing Units Affordable by Income and Tenure in Renton
Renter Owner
PUMS, 2018 (ECONorthwest)32
By 2040, Renton will need another 9,300 housing units
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219
1,472
9,860
1,588
0
2000
4000
6000
8000
10000
12000
0-30% AMI 30-50% AMI 50-80% AMI 80-100 % AMI
Naturally Occurring Affordable Housing in Renton
1-bedroom 2-bedroom 3-bedroom 4-bedroom 5-bedroom
Context
PUMS, 2018 (ECONorthwest)33
Renton needs additional supplies of subsidized, income-qualified housing
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A ITEM #1. a)
Context
WSHFC, HUD, KCHA, and RHA (ECONorthwest)
13318
243
1186
Income Restricted Units by Income Limit in Renton
LIH 30%
LIH 35%
LIH 40%
LIH 50%
LIH 60%
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Renton needs additional supplies of subsidized, income-qualified housing
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Need
OFM 2019, PSRC 2017 (ECONorthwest)35
The majority of future units will need to be targeted to below median incomes
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Need
PUMS, 2018 (ECONorthwest)36
The majority of future units will need to be targeted to below median incomes
758
4,885
13,140
4,8784,885
6,200
7,763
4,370894
1,079
1,852
1,339
0
5000
10000
15000
20000
25000
0-30% AMI 30-50% AMI 50-80% AMI 80-100 % AMI
Existing and New Units Affordable by Income in Renton
Renter Owner New Units
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A ITEM #1. a)
Next Steps
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A ITEM #1. a)
Timeline
APRIL2020
AUGUST2020
OCTOBER2020
JANUARY2021
APRIL2021
Needs Assessment
HousingPolicy Review
Housing Policy & Tool Options
Recommendations
Renton’s Housing
Action Plan
Sub-Regional Framework
Grounding Discussions Community Conversations Online FeedbackCommunity Input
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A ITEM #1. a)
CONTACT
Hannah Bahnmiller Housing Programs Manager City of Renton
Questions?
206-503-3426
rentonwa.gov/hap
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