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Resolution 2024-22
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Resolution 2024-22
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Last modified
6/27/2024 11:05:45 AM
Creation date
5/9/2024 11:50:50 AM
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Template:
City Council Records
Also Known As (aka)
Louisville Housing Plan to Address Housing Affordability
Meeting Date
5/7/2024
Doc Type
Resolution
Signed Date
5/7/2024
Ord/Res - Year
2024
Ord/Res - Number
22
Document Relationships
Resolution 2024-63
(Cross-References)
Path:
\CITY COUNCIL RECORDS\TOWN SEAL (40.150)
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population growth. This helps to provide a general estimate <br />for the number of housing units needed to meet existing <br />and future demand for the next two decades.' <br />Future housing needs in this analysis are based on assumed <br />population growth, however future needs are more <br />nuanced and will continue to evolve as the City makes land <br />use and housing policy decisions, including through the <br />upcoming comprehensive plan update. <br />Community Engagement <br />00 No No 2,483 housing <br />■■ ■■ ■■ units needed <br />1,171 housing <br />MM m units needed <br />®®� for households <br />® <100%AMI <br />Community engagement throughout the process informed this Housing Plan. This included over 30 <br />focused interviews, an open house with more than 100 participants, City Council and Planning <br />Commission input, and other community events. The list below outlines key takeaways from this <br />community engagement to accompany the more detailed summary in Appendix 2. <br />Housing affordability was universally a major concern. Many residents struggle to <br />afford housing in Louisville with a lack of diverse and affordable housing options, This <br />makes it difficult for young families, seniors, and a local workforce with diverse income <br />levels to live in Louisville. <br />There is a desire for more residential density and height in appropriate areas like <br />downtown, along transit corridors, and near major roads (e.g., McCaslin corridor) in <br />recognition that it is an important step to addressing housing affordability in Louisville. <br />Preserving Louisville's small-town character, open spaces, parks, and family -friendly <br />atmosphere must be prioritized as the city grows. <br />There is a desire for more diverse housing types like townhomes, condos, smaller single- <br />family homes, and duplexes/triplexes in Louisville. Accessory Dwelling Units (ADUs) can <br />also provide a unique opportunity to add housing diversity and income support to <br />homeowners. <br />» Most participants did not support the current two unrelated person occupancy limit for <br />residential dwelling units. Many saw it as contributing to unaffordability. <br />>> Community members emphasized environmental sustainability through mixed use, <br />residential density, transit, energy efficiency, and water conservation. However, <br />concerns were raised about the impact and cost of the City's net zero building <br />requirements for residential projects adopted in 2021. <br />'The HNA is not intended to establish desired growth targets, but rather it is to study the issue objectively based <br />on recent and projected population trends from non -City of Louisville sources. <br />Louisville Housing Plan Part l: Introduction <br />
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