092905 Agenda - AOG - Laserfiche WebLink

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S. Future Demand To forecast future demand for housing, TDA will obtain information from several sources. We will access information provided by constituent planning departments and building permit applications. We will also analyze economic trends by considering the location of major employers, utilities, banks, schools, and shopping in the area in an effort to pinpoint areas of relative growth. TDA will attempt to identify future demand by housing type, tenure, price /rent levels and geographic location. 6. Gaps Analysis — Production vs. Needs In our Gaps analysis, TDA will compare our forecasts of future demand with estimates of future supply. For historical information, we will compare housing starts (estimated above from building permits) to annual household growth numbers to determine the size of the surplus or deficit in housing that currently exists. To develop supply forecasts, we will obtain quantitative and qualitative information from developers of subdivisions, condominiums and townhouses, and rental units, as well as information from the constituent planning departments. We will highlight gaps in production by housing type, tenure, price /rent levels, and geographic location. 7. Provider Analysis TDA will conduct a universal survey of current and projected housing providers by telephone and /or onsite visits as an input for our analysis of current housing activity and future housing supply. We will draw upon information provided by the constituent housing departments and in building permit applications to generate a list of providers to contact. We will contact all providers, including for - profit and nonprofit builders to obtain quantitative and qualitative information about existing housing supply and plans for future activity. As part of our Gaps Analysis, we will highlight the types of development that seem to be under- (or over -) represented by these housing providers. 8. Strategies for Future Action Drawing from our Gaps Analysis, TDA will provide a discussion of areas of housing production that need future consideration by the Consortium jurisdictions and their partners. We will also develop specific strategies for addressing the unmet needs of the communities with attention to problems of affordable housing across the County. 9. Community Input Once a draft of the document has been completed, TDA will lead two community meetings in which the community will be invited to provide comment on the document's findings and recommendations. One TDA representative will attend each meeting. The County will be responsible for marketing the meetings and providing the meeting space. ZG�LZ l3