Presented by Chris Venne, Development Finance Manager Workforce Housing: Tools That Work.

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Presentation transcript:

Presented by Chris Venne, Development Finance Manager Workforce Housing: Tools That Work

Why does workforce housing matter? –Economic Development –Quality of Life –Meeting Basic Needs Tools that Work

Direct Investments Partnerships Innovative Land Uses Innovative Funding Community Involvement

Tools that Work Direct Investment Education Mortgage Assistance Rental Assistance Land Contribution –Shoshone County, Idaho Direct Development

Tools that Work Partnerships Developers, Jurisdictions, Public Agencies, Non-Profits, Other Employers –North Idaho Housing Coalition –Planet construction/BCHA

Tools that Work Innovative Land Use Small lots, ADU’s, Narrower roads, Alleys, etc. Performance based zoning Community Land Trusts –Spokane CLT

Tools that Work Innovative Funding Tax Credits, TIF, Tax Incentives, Local Housing Trust Funds, Housing Levy, etc. Link Incentives to Workforce Housing –Idaho Home Equity Partnership Fund –Spokane Property Tax Exemption

Tools that Work Community Involvement Reinforce the connection to Economic Development and Quality of Life Support Incentives for Workforce Housing Help Build a Strong Non-Profit Community