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Housing Actions <br />Each strategy outlined above includes several associated actions that more narrowly address <br />how the City can approach implementation. The actions detailed in this section include a <br />rationale for why it is included in this Plan, a brief description, considerations, educational context, <br />examples, and best practices. A qualitative evaluation for each action is also included. The <br />evaluation criteria are further defined below. <br />Incentives encourage housing developers to provide desired housing types. <br />Policy Changes may update the City's code, processes, or requirements related to <br />housing. <br />ACTION TYPE <br />Financial Support increases available funding for a variety of housing initiatives. <br />Partnerships to strengthen relationships with other organizations to further the city's <br />housing goals. <br />INCOME LEVEL <br />The qualitative designation of 'Low,' 'Moderate,' `High,' or 'All' gives a relative <br />SERVED <br />approximation of what household income levels will likely be served but does not <br />include a specific income threshold. <br />GEOGRAPHIC <br />Generally, describes where an action could apply whether it is Citywide, TOD <br />SCALE <br />Opportunity Areas, Residential Zones, or Site Specific. <br />IMPACT ON <br />least potential for housing production relative to other actions <br />HOUSING <br />moderate potential for housing production relative to other actions <br />PRODUCTION <br />most potential for housing production relative to other actions <br />is the least amount of investment needed relative to other actions <br />LEVEL OF <br />$ $ <br />INVESTMENT <br />is anticipated to require a moderate investment relative to other actions <br />would require the most investment relative to other actions <br />This represents an estimation of the timelines to address each of the action items <br />that should evolve as conditions change overtime. <br />TIMELINE <br />Near Term means 1-2 years <br />Mid Term means 2-3 years <br />Long Term means 3-5+ years <br />Louisville Housing Plan Part 4: Housing Strategies and Actions 28 <br />