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