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PC Presentation 6-2-25 Housing Plan Update_copyRiver Terrace 2.0 Housing Plan Update Tigard Planning Commission June 2, 2025 Presentation Topics RT 2.0 Housing Plan Update •Housing Plan Overview •Project Schedule and Engagement Update •Draft Housing Approach •Next Steps Housing Plan Overview Housing Plan Purpose and Content Housing Plan Overview •Informs the Community Plan, code amendments, and other implementation items •Includes: •Housing policies •Regulatory approach •Supporting Strategies •Informed by: •Public engagement •Advisory committees •Professional expertise Project Schedule & Engagement Update Project Schedule Update Housing Plan Engagement •Public Open Houses – 1 in-person and 1 online •Advisory Committees: •2 CAC meetings •4 HAC meetings •1 TAC meeting •Focus Groups: •Spanish-speakers •Students •Housing-specific group (upcoming) •Meetings with housing experts Project Schedule & Engagement Update What have we heard from the community? Project Schedule & Engagement Update •Wide variety of housing types with under-supplied options to meet everyone’s needs •Meet housing needs while balancing preservation of natural resources •Distribute density in areas with good vehicular access •Housing with shared green space and close to parks •Walking distance to commercial areas What have we heard from developers? Project Schedule & Engagement Update •Surety, timing, and the ability to innovate are critical. •Feasibility concerns about housing mix rules, need for strong incentives •Density hubs around commercial areas more feasible than distributed ➢Gap between community priorities and developer feedback Housing Plan Schedule Project Schedule & Engagement Update •May 30th – Draft submitted to Department of Land Conservation and Development (DLCD) ➢Met DLCD grant deadline •June 2nd – Planning Commission meeting •June 10th – City Council meeting •June/July – Housing Focus Group •Mid- to Late Summer – Refine Housing Plan Draft Housing Approach Guiding Policies & Principles Draft Housing Approach •20 dwelling units per acre for at least 3,000 homes •Diversity of housing choices to serve all needs and affordability levels •Integrate market-rate and regulated affordable housing •Facilitate affordable homeownership •Integrate housing with natural resources, parks, and commercial areas Draft Regulatory Approach Proposed Land Use Map SW Beef Bend Rd Complementary Strategies Draft Housing Approach •Financial, programmatic, and regulatory •Support ambitious Concept Plan goals for affordability and housing diversity •Reduce risk and cost for regulated affordable and smaller-scale developers •Can help bridge the gap between community needs and preferences and development feasibility Next Steps Next Steps •Gather remaining community feedback •Refine and finalize the Housing Plan •Begin drafting code amendments •Next Planning Commission Meeting – July 16th Transportation Update