To ensure that each household has access to the region's assets, it is important to maintain a balanced supply of owner-occupied and rental housing distributed throughout the region. Housing plays an integral role in the lives of residents, and CMAP engages in many local planning and policy analysis efforts around this important topic.
Residential Building Permit Trends Indicate Shifting Distribution in Single-Family and Multifamily Developments
GO TO 2040 emphasizes the importance of planning for a range of housing options in regionally and locally appropriate ways. Affordable housing options, particularly rental options, are not available in all parts of the region, which creates a systemic imbalance between job centers and where people live. The region's demographics are expected to shift substantially over the next three decades, specifically the elderly and immigrant populations, which presents an additional set of challenges in planning for future housing needs. Specifically, GO TO 2040 recommends CMAP and other regional partners:
- Provide assistance in planning for a range of housing options.
- Encourage the formation of formal collaborative planning efforts.
- Facilitate communications between communities facing similar challenges.
- Promote housing affordability near transit.
- Target housing program to rehabilitation in areas with transit access.
CMAP helps local communities plan for future housing supply and demand through a variety of planning and policy tools, which educate residents and local elected officials about the importance of planning for a range of housing options across the region. One of these tools is a Homes for a Changing Region plan. Conducted in partnership with the Metropolitan Mayors Caucus and the Metropolitan Planning Council, the Homes for a Changing Region planning process enables municipal leaders to chart future demand and supply tends for housing in their communities and helps communities develop long-term housing plans. These plans aim to create a balanced mix of housing, serve current and future populations, and enhance livability. Six clusters of communities, comprised of 26 municipalities have participated in the project since 2011.
Quarterly Housing Policy Updates keep regional and local housing stakeholders up-to-date on research and analysis of federal, state, and local data and policy issues. Quarterly updates primarily track four major areas -- existing home values, for-sale housing starts, rental development trends, and building permit trends. These blogs are available through CMAP's Updates and are presented at select Housing Committee meetings throughout the year.