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Housing Assistance Policy- Market Rate <br />ill <br />1 <br />4) Provide a balanced housing supply, with approximately 90% <br />ownership housing and 10% rental housing, to expand options for <br />workforce housing and housing for young professionals. <br />5) Continue to develop more affordable single family housing such as <br />condominiums and small -lot single family homes that includes <br />higher architectural variety and quality. <br />6) Explore opportunities to attract executive level housing to provide <br />a variety of housing choices and opportunities in the City. <br />Goal 2: Revitalize/rehabilitate areas where the housing is aging and in need <br />of repair and where the land is underutilized and/or has potential for future <br />redevelopment consistent with the Comprehensive Plan. [On a separate <br />sheet please describe how your project will use one of the following <br />implementation strategies to achieve this goal. Word limit = 500 words] <br />1) Encourage residents to upgrade the functionality and marketability <br />of their aging housing, and put quality additions on as they need <br />more space. <br />2) Provide options for residents to subdivide if consistent with and <br />allowed by the Comprehensive Plan. <br />3) Encourage redevelopment where land has potential for future <br />development consistent with the Comprehensive Plan. <br />Goal 3: Maintain and improve the housing stock to preserve the character <br />and quality of existing neighborhoods. [On a separate sheet describe how <br />your project will use one of the following implementation strategies to <br />achieve this goal. Word limit = 500 words] <br />1) Encourage the development of homeowner's associations or <br />common interest communities for areas of older multifamily <br />housing and new subdivisions of smaller lot neighborhoods. <br />2) Ensure that new housing developments provide appropriate <br />density transition with existing established neighborhoods. <br />3) Update and enhance design standards for new developments and <br />encourage housing construction that incorporates quality and <br />diverse architecture. <br />Goal 4: Provide a development environment that increases residential <br />health and reduces energy consumption. [On a separate sheet please <br />5 <br />