Housing Matters Update | May 2023 |
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- SAVE THE DATE: Jason Glidden - Housing Development Manager of Park City - and Jason Dietz - Housing Director of Summit County – will present at the Community Library tonight and May 9, respectively. The Jasons will describe struggles and successes, what makes resort communities’ housing challenges unique, and what solutions and tools work well in their communities. Learn more here. In partnership with The Community Library, Spur Community Foundation and City of Ketchum.
- How can Blaine County employers help house employees? Employers of all sizes are invited to join a meeting, now on Friday, May 5th to share and review potential solutions for employer participation. RSVP with info@bcoha.org.
- Thanks to those for filling out the Blaine County Housing 2023 survey! We’ve had nearly 900 responses. Results will be included in the next newsletter.
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HOUSING ACTION PLAN UPDATE
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1 year in review: Progress Highlights
- 20 community homes in Ketchum constructed, preserved, or converted
- 148 community homes in progress in Ketchum (70 under construction, 78 under review)
- Directly assisted 85 households & increased support for an additional 260 households facing displacement, countywide
- Raised $1.7 million in funding for housing efforts, countywide
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New construction on publicly owned land: The study of publicly owned land for development of housing is helping City staff determine which sites to develop first through partnerships with developers), about how many housing units to expect, and how to best integrate parking, community and partners’ needs.
Refining Ownership and Preservation Pilot Program: City staff is continuing to refine and develop an Ownership and Preservation Pilot program which would provide a financial incentive to homebuyers and current homeowners to deed-restrict their homes for local ownership. Staff is meeting with real estate agents, lenders, and developers to review program parameters, demand for this incentive, and the state of current housing inventory. Initial program analysis is available here.
Reduction of barriers to ADU development to be proposed in permanent zoning ordinance: As part of a permanent ordinance that would replace the interim ordinance, adopted in October 2022, Ketchum staff will be proposing adjustments and clarifications to current regulations to reduce barriers to the development of Accessory Dwelling Units.
Lease to Locals 6-month update: The program successfully converted 12 properties from vacant, seasonal, or short-term rentals to long-term rentals housing 24 locals. Additionally, 86 homeowner leads include 58 that are not qualified because they are outside of the City of Ketchum or are already long-term rentals.
Improvements to finding and accessing housing underway: Service partners and property managers met mid-April to assess progress. Actions include (but are not limited to):
- Blaine County Housing & Support Services Guide – translation and brochure forthcoming.
- Creating a shared pre-application and waitlist for properties whose rent is set by tenant’s incomes. Create a cheat-sheet on how to apply for these units.
- Improve communications to and from property managers.
- Identifying and implementing displacement strategies, and emergency and transitional housing.
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- New development exacerbates need for affordable homes:
- “New study gives legal footing to ask developers to pay for housing impacts,” by Jackson Hole News and Guide. The study finds that new development, including each new market rate housing unit, exacerbates the need for affordable (deed-restricted) housing. For example, for every 100 new market rate single-family units in town, an additional 21 affordable units are needed for employees to adequately service those market rate homes and its occupants.
- A similar study from Blaine County in 2002 showed similar results. The larger the market rate home, the more employees generated. This study estimated that for every 100 new market rate homes used as a primary residence, it generated 40 new employees. For every 100 new market rate home used as a second home, it generated 20 new employees.
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