DT# 469 Proven Strategies for Solving Housing Shortages in Communities - Bethany Quinn Golden Shovel
Develop This: Economic and Community Development
Release Date: 09/13/2023
Develop This: Economic and Community Development
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Summary In this episode of the Develop This podcast, Dennis interviews , the Vice President of Business Development for the . They discuss the importance of business retention and expansion (BRE) programs, particularly the innovative regional BRE committee established during the pandemic. Jason shares insights on building trust among economic development partners, the structure of their outreach efforts, and the challenges faced in maintaining collaboration. The conversation highlights the significance of data collection, quantifying success, and practical advice for other organizations...
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Summary In this episode of the Develop This Podcast, Dennis Fraise interviews , the Dean of the They discuss the importance of OUEDI in promoting knowledge in economic development, the program's structure and curriculum, and the unique experiences it offers. Courtney highlights the significance of networking and mentorship in the field, emphasizing that learning from experienced practitioners is invaluable. She also notes the lasting connections that participants form during the program and encourages listeners to consider enrolling in OUEDI for their professional growth. Takeaways OUEDI...
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Summary In this episode of Develop This, discusses his journey to his current role, the importance of Iowa's agricultural production, and the challenges faced by farmers today. He emphasizes the balance between increasing agricultural output and sustainable land stewardship, the impact of tariffs on agriculture, and the safety nets in place for farmers. Naig also addresses the challenges in the egg production industry, particularly due to , and the consolidation within the industry. He concludes with a call for greater consumer awareness and appreciation for the work of farmers. Takeaways ...
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In this episode, sits down with , director of Illinois Main Street, to explore how communities are shaping effective downtown economic development strategies—and more importantly, why these strategies work in their specific context. From humble beginnings rooted in community engagement to long-term sustainability planning, this conversation unpacks the real-world process of revitalizing a downtown district with purpose, people, and partnerships. “You’ve got to bring people alongside—not just for buy-in, but for co-ownership.” 1. Think...
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Summary In this episode, Dennis Fraise speaks with , the President and CEO of the , about the explosive growth in Pasco County, Florida. They discuss the opportunities and challenges that come with rapid development, the evolution of the local economy, and the importance of balancing growth with community needs. Bill shares insights on how the county has transformed from a bedroom community to a hub for new industries, the impact of COVID-19 on migration patterns, and the necessity of strategic planning to ensure sustainable growth. The conversation also touches on the importance of...
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Summary In this episode of Develop This, Dennis Fraise speaks with , president of the in Canada. They discuss the historical ties between the Canadian and US automotive industries, the integration of the North American auto supply chain, the current state of tariffs and their impact on the industry, and the future of the Canadian auto parts sector. Flavio emphasizes the importance of collaboration and understanding between the two countries to navigate the complexities of trade and tariffs. Takeaways Flavio Volpe is the president of the APMA, representing Canada's automotive sector. The...
info_outlinePROVEN STRATEGIES FOR SOLVING HOUSING SHORTAGES IN COMMUNITIES ACROSS NORTH AMERICA
Bethany Quinn - Vice President of Strategy and Content Development for Golden Shovel
Dennis is joined by Bethany Quinn from Golden Shovel, and they discuss PROVEN STRATEGIES FOR SOLVING HOUSING SHORTAGES IN COMMUNITIES ACROSS NORTH AMERICA, a Golden Shovel white paper.
For economic developers housing is one of the major topics we deal with, especially workforce housing.
- The data behind the Golden Shovel white paper and the role the pandemic played
- Pre-pandemic communities were facing housing shortages that negatively impacted their ability to grow. Compnaies needed more housing for their employees. People couldn’t move for employment opportunities because there wasn’t affordable housing
- Housing shortages are now at the forefront of public consciousness and the existing housing costs exponentially more.
- Case-Shiller Index Report showed an 18.8% annual home price increase. Zumper’s National Rent Report showed that rent for a one-bedroom apartment hit an all-time high of $1,400 in 2022, for the national average– this is a 12 percent year-over-year increase.
- The United States alone has a housing shortfall of 3.8 million units. According to Freddie Mac researchers, “The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes. T
Information Contained in a Housing Study
The structure of a housing study varies from consultant to consultant and is based on community priorities. Some of the common features are as follows:
• Analysis of current housing supply, broken down by owner-occupied vs. rental, and type of housing.
• Report on the condition of current housing stock, including identifying the number of homes that should be torn down or need serious renovations to be livable.
• Analysis of the affordability of housing for the existing workforce.
• Estimate how many housing units will be needed, per category, over the next five years.
• Location breakdown for housing demand (necessary for a regional report).
• Determination of how many housing units need to be built as “workforce housing.”
• Determination of how much senior housing will be needed.
• A projection of how the housing needs could change if the EDO’s work results in job growth.
• Analysis of the community’s current development capabilities and if outside developers will be needed to meet housing targets.
Best Practices
- Pattern Zoning & Pre-Approvals As a Strategy in Claremore, OK
- EMPOWER INDIVIDUAL HOMEOWNERS TO BUILD
- INCENTIVES & POLICY TO SPUR WORKFORCE HOUSING DEVELOPMENT
- TAKE AN ACTIVE ROLE IN THE DEVELOPMENT PROCESS
- Spurring Housing Development Without Significant Capital in Clinton, Iowa
- REZONE TO INCREASE DENSITY
- REPURPOSE LAND & BUILDINGS
- TURN BLIGHT INTO OPPORTUNITIES