Ginther proposing $200 million bond package toward affordable housing for November vote
The goal is to double the number of units in the market in the next 15 years.
Prosser said those shortages particularly hurt households earning $50,000 or less. About 48% of those households in the area spend at least 30% of their income on housing expenses, and 24% spend at least 50% of their income on housing. Prosser said the suburbs need to be part of the affordable housing equation, too, since that will be key to keeping the region competitive.In 2018, the city changed its policy to require developers to set aside 10% of the units it developed for residents earning 80% of the area median income and 10% for residents earning 100% of the area median income in order to get an abatement.
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