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o <br /> 41 <br /> - HOUSING EVERETT <br /> RETHINK ZONING <br /> The Rethink Zoning project is a multi-year effort to ensure that our development regulations support our <br /> efforts to recruit new businesses and ensure we have a wide range of housing for all price points. <br /> RETHINK ZONING Housing Costs &Income Change <br /> Zoning Code Streamlining 1990-2017 <br /> More than half of Everett's planning area, excluding Lake — ---- - <br /> Chaplain and tidal waters, is set aside for almost exclusive <br /> residential use;46%of that area is zoned for single family CONTRACT RENT OWNER-OCCUPIED HOUSEHOLD <br /> residential and another 9%zoned for multifamily. (MEDIAN) HOUSING VALUE INCOME(MEDIAN) <br /> (MEDIAN) <br /> Household income has not kept pace with housing costs. Since Household Type <br /> 1990, housing costs have increased 162%to 173%,while <br /> household income has increased just 92%. iooi <br /> so% Nonfamlly <br /> household <br /> Everett has a much larger share of the households being <br /> nonfamily than Snohomish County,which has a majority of their <br /> households being married-couple family households. =Single-parent <br /> 560 household <br /> Transit agencies and voters have been investing in _ 37% ._ <br /> improvements to the region's high capacity transit and light rail ■Married- <br /> system.Access to housing from stations is an important EVERETT SNOHOMISH couple family <br /> CO.(EXCL. household <br /> component to zoning and station siting. EVERETT) <br /> ReThink Zoning–Residential Questions <br /> As part of our broader efforts to update our housing strategy, we Everett Link Extension <br /> Sutlaca <br /> are rethinking our approach to zoning and housing. Elevated Everett Station <br /> o Station area • <br /> 0 Novnional station moo <br /> A Should the City find ways to increase home ownership? If so, serviceby2036 <br /> — Ugh(rail <br /> what kind of housing types? 0 sub.. <br /> A Should the City find ways to promote more economic <br /> SW Everett p0"3" <br /> diversity in neighborhoods? Does zoning help or hinder Industrial Center: Everreen <br /> economic diversity within neighborhoods? <br /> A Should the City encourage more diverse housing types and SR 99/Airport Road „Tanner <br /> 128th 5(SW <br /> higher residential densities within walking distance of light <br /> rail/transit? <br /> A How can the City minimize displacement of low-income Ash Way ,64th St SW <br /> • <br /> households as redevelopment occurs in these areas? West AlderwoodMall <br /> _ynnvsooci{2024) .• <br /> Learn more: <br /> David Stalheim, Long Range Planner <br /> n 5e,;rit. <br /> dstalheim@everettwa.gov <br /> 425-257-8731 <br /> www.everettwa.gov/ReThink <br /> EVERETT <br /> WASHINGTON <br /> Community, Planning, and Economic Development 10 I P a g e <br /> 12 <br />