Presented byChris 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

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