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EVERETT 2044 <br />COMPREHENSIVE PLAN <br /> <br /> <br /> <br /> 6/17/2025 <br />COMPREHENSIVE PLAN <br />HOUSING ELEMENT <br /> Page 58 <br />HO-13 Provide for land division into small fee simple lots where condominium ownership of a housing <br />unit would not otherwise be allowed. <br />HO-14 Allow lot splits to encourage homeownership by simplifying regulations and streamlining the <br />approval process. <br />HO-15 Support shared equity models such as Community Land Trusts (CLTs) to expand opportunities <br />for homeownership. <br />Code enforcement and Compliance <br />HO-16 Use the city’s code enforcement program to renovate and rehabilitate existing homes. <br />HO-17 Participate in programs offering relocation assistance to low- and moderate-income <br />households displaced by condemnation or city code enforcement. <br />Housing Targets <br />HO-18 Ensure development regulations accommodate the addition of 38,558 dwelling units in Everett <br />by 2044, affordable to various economic segments of the population consistent with the <br />Snohomish County Housing Characteristics and Needs Report. <br />Affordable Housing <br />HO-__ [Preserve affordable housing] <br />HO-19 Offer incentives for developers to build or include housing affordable to lower and moderate- <br />income households. <br />HO-20 Implement inclusionary zoning requirements in areas of the city subject to high displacement <br />risk. <br />HO-21 Use streamlined permit procedures to expedite affordable housing construction and reduce <br />costs to develop. <br />HO-22 Work with partners to defray infrastructure costs for low- to moderate-income housing <br />development. <br />HO-23 Regularly review city regulations for opportunities to reduce housing production costs. <br />HO-24 Evaluate the cost and supply implications of proposed regulations, policies, and procedures <br />affecting housing development and ensure that they promote affordability, development, and <br />housing diversity. <br />HO-25 Offer strategic regulatory and financial incentives for affordable housing construction for low- <br />income households. <br />HO-26 Partner with public agencies and financial institutions to address barriers to affordable housing <br />development. <br />HO-27 Minimize off-street parking requirements to reduce housing costs and increase affordability.