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SUBJECT: HOUSING PLAN UPDATE <br />DATE: SEPTEMBER 26, 2023 PAGE 2 OF 2 <br />Next Steps <br />The project team is hosting the second and final community open house on the Plan on <br />October 4 to share results from the Housing Needs Assessment and preliminary <br />strategies. Feedback from community members, City Council, Planning Commission <br />(discussion planned for October 12), and others in the coming weeks will inform Plan <br />drafting. City staff plan to bring the draft Housing Plan to City Council for consideration <br />as early as December 2023, with an adoption goal in the first part of 2024. <br />FISCAL IMPACT <br />None at this time, but several of the Strategy Matrix and Framework items (if <br />implemented) would have fiscal impacts on the City. City staff will provide a more <br />detailed assessment of the fiscal impacts of the strategies in the Housing Plan upon <br />presentation of the draft Plan to Council later in 2023 or early 2024. <br />RECOMMENDATION AND REQUEST FOR CITY COUNCIL DIRECTION <br />City staff recommend that the attached Housing Needs Assessment and Strategy Matrix <br />and Framework act as the foundation for drafting the Housing Plan. City staff are <br />requesting specific feedback on strategies in Attachment 2; specifically: <br />• Are there any strategies missing? <br />• What additional information do you need to evaluate these strategies? <br />• What do you see as the highest priority strategies? <br />ATTACHMENTS <br />1. Housing Needs Assessment <br />2. Draft Strategy Matrix and Framework <br />CITY COUNCIL COMMUNICATION <br />3 <br />