Agenda - Council - 06/28/2016 - Laserfiche WebLink

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bedrooms that accommodate larger families as well as multigenerational living? * Vary among housing type, ranging from single-family detached to multistory multifamily? * Offer housing options for seniors at varying stages of independence? * Include multiple tenure options, such as ownership, renting, orcooperative forms of ownership? * Serve arange ofincomes? * Incorporate flexible design and reflect special attention to accessibility? * Adapt tochanges indemand, preferences, orlifestyle? • Create attractive places with aesthetic and architectural diversity? Housing preferences and needs are not "one size fits all." While living comfortably under one roof iSimportant 10some nnultig8n8rati0n8|households, other residents would prefer opportunities for smaller housing. Some cities are currently examining accessory dwelling units 8Saway t0accommodate small housing units t0create additional affordable housing opportunities and potential income streams for owners. Other local zoning changes could allow for reduced housing and lot sizes to maximize affordability and acknowledge changing needs and expectations for housing. The key to a livable region is a mix of housing options that include and value all households. The Millennial generation, born in the 1980s and 1990s, is the largest generation d8nn0g[8phio8Uy. Many inthis generation have different lifestyle preferences than their parents. MiUennia|e are more likely than older Americans to favor urban amenities, aooeee to transit and bicycling options, and more dense and 8o1iv8 neighborhoods than the auto - oriented subdivisions of their youth." With often stagnant entry-level wages, higher student loan debt, and delayed marriage and child -rearing, Millennials are financially constrained and arennovingintohonneovvnerehipat|aterageethanpreviouegeneratione.««Havingp|aoeethat retain and attract these individuals and households is critical to the region's future prosperity, particularly as their living preferences and economic conditions continue to diverge from their parents' generations. CoUDCilr0le • Encourage and invest in a wide variety of housing options throughout the region to serve an increasingly diverse population, including viable housing ohoioeefo[|ovv-and moderate -income households and senior households. * Promote the importance of culturally sensitive housing and community design. * Provide data and analysis to support local housing analysis and local comprehensive planning. LOCGl opportunities p Provide localized knowledge t0help identify key housing opportunities t08broader group ofstakeholders and potential developers. * Incorporate policies that contemplate avariety of housing options in the housing element ofcomprehensive plans. * Consider zoning changes that allow more flexible housing options such as accessory dwelling unit ordinances and reduced lot and size nnininnunne. HOUSING POLICY PLAN "TWo:omwcomq*