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Potential yields for growth. From the areas available for development, we will assess potential <br />maximum yields for housing and employment uses. This will rely on standard conventions in <br />Buildable Lands assessments, as well as additional research conducted on existing and proposed <br />development. <br />Estimated yields for growth. To determine final estimates of land capacity, we will provide <br />adjusted yields based on an additional set of "market factors" to account for potential challenges <br />in carrying out projects in the private sector. This can accountfor resistance of local landowners to <br />sale and development, perceived returns and risks with certain development types and locations, <br />and other possible issues. <br />This work will provide the foundation for relevant policies in the Land Use and Housing Elements <br />and will demonstrate whether the County has land zoned appropriately to meet identified targets. <br />This effort will include internal review and review with the County to finalize assumptions made in <br />this assessment and will also assess the impacts of potential alternatives. <br />Proposed Deliverables: <br />• Development of a Land Capacity Analysis memo that meets state rules. <br />Assumptions: <br />Assumes one round of review and edits. <br />County to supply GIS and building permit data. <br />Task 7: Housing Affordability and Availability Needs Assessment <br />The consultant will conduct a Housing Affordability and Availability Needs Assessment for <br />unincorporated areas. The update will incorporate new requirements in RCW 36.70A.070(2)(0) <br />including: (i) Units for moderate, low, very low, and extremely low-income households; and (ii) <br />Emergency housing, emergency shelters, and permanent supportive housing. The revised statute <br />includes provisions that the number of housing units necessaryto manage projected growth will be <br />provided by the Department of Commerce. <br />The analysis will: <br />• Update the community demographic assessment describing population <br />growth/characteristics (age, race/ethnicity) and household characteristics including the size, <br />composition, and tenure (rent vs. own). <br />• Provide updated analysis of cost burden rates (highlighting severe and tenure -based trends) <br />and housing affordability. <br />• Update the description of housing production overtime and describe tends associated with <br />the type/age of housing for unincorporated areas. <br />• Update the assessment of current housing market conditions (sales prices/rents, vacancy <br />rates) and discuss how this impacts the housing stock and the affordability of housing. <br />• Provide population change analysis including available population forecast information to <br />depict estimated population changes over the next few decades. <br />5 <br />