On June 12, 2018, the City Council approved a professional services agreement with ECONorthwest to provide an economic market analysis and feasibility study regarding a new inclusionary zoning program and revisions to the City's transfer of development rights ("TDR") program (Chapter 18.27 BIMC).
Increasing affordable housing and promoting conservation of natural areas are goals that permeate several elements of the recently adopted Comprehensive Plan. For example, Land Use Element High Priority Action #10 directs the City to evaluate why the City's TDR program has not been successful. In addition, on November 1, 2017, the Affordable Housing Task Force voted unanimously to recommend to the City Council that the City pursue an inclusionary zoning program.
The ECONorthwest team will introduce themselves and discuss the project methodology.