In a recent government meeting, officials discussed an emergency declaration aimed at addressing the pressing issue of affordable housing in the community. The meeting followed public comments made in July and a referral from Councilman Vanderpool, which prompted staff to explore potential solutions.
The council emphasized the critical need for affordable housing, recognizing it as a basic human necessity. Despite previous efforts, the challenge remains significant, with housing costs continuing to rise. Staff presented findings from outreach conducted with local affordable and middle housing developers, highlighting the obstacles they face in bringing new units to market. Key issues identified include high development costs, the need for substantial infrastructure improvements, and a complex permitting process that can delay projects and increase expenses.
The council acknowledged the unique position of Olympia, where local developers and property owners are eager to contribute to the solution. However, the demand for affordable housing far exceeds the current supply, necessitating a focus on increasing availability and reducing costs. The discussion also clarified definitions, noting that affordable housing is defined as housing costs that do not exceed 30% of a household's gross income, specifically targeting low-income populations earning 80% or less of the area median income.
The meeting underscored the importance of simplifying processes and providing more tools and flexibility to encourage the development of affordable and middle housing, such as duplexes and accessory dwelling units (ADUs). As the council moves forward, the emphasis will remain on fostering collaboration with local developers to enhance the community's housing landscape.