Mayor Brown Announces Proposals to Jumpstart New Affordable Housing Development

Mayor Lisa Brown announced a legislative package designed to jumpstart affordable housing development in Spokane, with a goal of adding 22,359 new units by 2046. This initiative is part of the H. O. M. E.

Starts Here Plan, which seeks to address housing stability and reduce the number of residents facing housing cost burdens. The proposals include the establishment of the Housing Equity and Attainable Residences Trust (HEART) Fund to enhance funding flexibility and align with state law. Additionally, a permit fee deferral program is proposed to alleviate upfront costs for developers building income-restricted units, allowing them to defer fees up to $150,000. The city plans to modernize its development code to improve clarity and efficiency, addressing inconsistencies in existing regulations. Mayor Brown highlighted the urgent need for more affordable housing options, stating that these proposals will facilitate growth while ensuring affordability.

The initiative reflects a comprehensive approach to housing and homelessness in Spokane. These efforts aim to increase local homeownership rates and improve overall housing stability in the community.