Lincoln County Commission ChairBill Hall
November 4, 2016
Record low rental vacancy rates
Home ownership is out of reach for many professionals
Businesses report steadily increasing problems with employee recruitment and retention
Dramatic rise in homelessness
Lack of community diversity
Public works and first responders not able to live in communities they serve
Common issues statewide—
1. Permit/SDC fees
2. Speed of local jurisdiction approvals
3. Price/availability of land
4. Cost of construction
5. Availability of financing
Gap between wages and housing prices greater than in the Valley
Geography
Lack of volume discourages larger builders
Rural financing more of a challenge
Demand for higher-end homes drives development
Vacation rentals/second homes
Lincoln City: 40 percent of stock primarily owner-occupied
Manzanita: 25 percent
Economy vs. Livability
Current battle for control of council in Lincoln City
Housing Need Studies
Workshops and public forums
Lincoln Community Land Trust Founded 2007
First projects funded with Neighborhood Stablization $$$
Resale formula and limitations on buyer eligibility ensure homes remain affordable through succeeding ownerships
SDC waivers, reductions, extended payouts
Fast-track applications for affordable projects
Accessory Dwelling units
Parking and setback requirements
Land Banking