Housing Affordability
Housing Affordability
City role: significant
 Three measures: number of dwellings constructed per year through inclusionary zoning; number of moderate- and low-income homes permitted between 2001 and 2022; percentage of households that are cost-burdened or severely cost-burdened.

Inclusionary zoning.  Redmond’s inclusionary program provides for homes affordable to those earning up to 80% of the countywide median income in new developments of ten homes or more. The program is implemented on a neighborhood-by-neighborhood basis and is currently effective in: Bear Creek, Downtown, Willows/Rose Hill, Grass Lawn, Education Hill, Overlake, and North Redmond. The City issued permits for 36 affordable homes through inclusionary zoning requirements in 2013.

Affordable homes.  In 2013 the City executed agreements for 37 new homes affordable to moderate- or low-income individuals or families. All of these were permitted as part of Redmond’s inclusionary zoning regulations (see above). This indicator measures three sources of affordable housing: the private market, inclusionary zoning regulations, and the Housing Trust Fund. Redmond obtains this data from A Regional Coalition for Housing (ARCH).

Cost burden.  Households that pay 30% or more of their incomes toward housing are considered cost-burdened. Households paying 50% or more of income towards housing are considered severely cost-burdened. The percentage of cost-burdened households increased slightly in 2012 as compared to 2011 and the percentage of severely cost-burdened households did not change.

Sources: Planning Department, A Regional Coalition for Housing, American Community Survey
Updated January 2014

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Contact:
Jeff Churchill
425-556-2492

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