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Appendix E: Affordability and Displacement Everett Housing Action Plan E-14 PSRC Displacement Risk and Opportunity Index Mapping The Puget Sound Regional Council (PSRC) developed a series of indicators in 2019 to highlight the locations across the region where businesses and households may have an increased relative risk for displacement. Over the entire region, the PSRC has relied on these indexes to provide an assessment of those neighborhoods that may require additional policy focus to prevent affordability challenges from having a disproportionate impact on low-income households. The Regional Displacement Index identifies displacement risks by indicating Census tracts that have the highest combined score for 15 indicators in the region. These indicators include: Socio-demographic characteristics, such as BIPOC population, English language skills, proportion of renters, and household incomes Transportation qualities of the local neighborhood, including access to employment and proximity to current and future transit Neighborhood characteristics, including proximity to community businesses and public services, as well as locations close to high-income neighborhoods Housing, including development capacity and median rent A second Opportunity Mapping Index highlights other elements related to the socio-economic resources and support available to residents, divided up according to the following categories: Education, including local test scores and graduation rates Economic Health, with metrics such as job growth and unemployment rates Housing and Neighborhood Quality, including local vacancy and foreclosure rates, condition of local housing, and crime rates Mobility and Transportation, including transportation costs, walkability, and access to transit Health and Environment, incorporating proximities to parks and pollution, and access to healthy food Mapping for the Regional Displacement Risk indicator is provided in Figure 12, while the Opportunity Index is mapped in Figure 13. For displacement risk in Everett, areas of moderate and high risk are found largely along the Evergreen Way corridor running north/south through the city. About two- thirds of Census Tracts in Everett are highlighted as having moderate or high displacement risk as compared to the four-county Puget Sound region as a whole, indicating that there may be particular issues with displacement in Delta, Riverside/Port Gardner, Twin Creeks, Westmont/Holly, and Pinehurst-Beverly Park. These risks may be especially acute in Westmont/Holly and Riverside/Port Gardner, where the Opportunity Index highlights lower access to opportunity.