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Attachment A <br />Scope of Work <br />Action 1: Adopt a <br />This action will consist <br />1, 1) The first action <br />plan will serve as <br />affordable and market <br />2. The second action <br />Housing Action Plan(s) <br />of two actions and six thrcc deliverables. <br />Housing"). This <br />of additional <br />Needs Assessment and <br />will include adopt a Citywide Housing Action Plan ("Rethink <br />a policy framework and workplan to encourage construction <br />rate housing city-wide. It will incorporate a Housing <br />will adopt a TOD Housing Strategies and Actions Plan into the Housing Action <br />Plan focused on <br />strategies to increase the supply of housing to meet the needs for all income levels <br />rail stations and high -capacity transit lines. This action will consist of four <br />around future Tight <br />deliverables: a <br />Housing Needs Assessment, a Report on Code Changes for the requirements in <br />Section 1(1)(a-I) of E2SHB 1923, a Draft Housing Action Plan (NEW), and a Final Draft Housing <br />Action Plan with Adoption Schedule. <br />will study and <br />displacement <br />stations, along <br />complete <br />3: Z) Concurrent with <br />adopt a Housing <br />income households <br />capacity transit <br />will consist of a <br />the Housing Action Plans, for the second action, the city <br />Displacement Strategy focused on strategies to minimize <br />and minority communities adjaccnt to futurc light rail <br />of low- <br />high - <br />This action <br />routes, and in other areas where substantial redevelopment <br />Draft Strategy (NEW) and a Final Draft Strategy. <br />may occur. <br />Steps/ <br />Deliverables <br />Description <br />Start Date <br />End Date <br />Action 1.1 <br />Adopt -a Housing Action Plan that includes TOD <br />07/28/2019 <br />12/�20 <br />06/15/2021 <br />strategies ("Rethink Housing") <br />Step 1.1 <br />Quantify existing and projected housing needs for all <br />income levels, including preliminary projections of <br />needs necessary for the next GMA update due in <br />2023. <br />07/28/2019 <br />04/01/2020 <br />Step 1.2 <br />Complete an analysis of a prototypical multifamily <br />project(s) which shows development costs and an <br />operating pro forma to identify rents needed to cover <br />costs. <br />12/01/2019 <br />04/01/2020 <br />Step 1.3 <br />Complete a housing affordability analysis for all <br />incomes to identify cost burden for renters and <br />homeowners in Everett <br />07/28/2019 <br />12/31/2019 <br />Step 1.4 <br />Draft strategies to increase the supply of housing and <br />a variety of housing types to serve the housing needs <br />based on projections and affordability <br />07/28/2019 <br />04/01/2020 <br />Step 1.5 <br />Review and evaluate the city's current housing <br />element <br />07/28/2019 <br />04/01/2020 <br />