Housing (news)

The Growth Management Policy Board is meeting Thursday, September 7, 2023 at 10:00 a.m. to report findings from our affordable housing outreach survey. Other items on the agenda: Recommend Certification of Pierce County Countywide Planning Policies Information on available state…

Maureen Howard Affordable Housing Act will Generate $20 million Per Year  The act will implement a countywide one-tenth of one percent sales tax increase for affordable housing and related services in Pierce County, which is expected to generate $20 million in revenue a year.  …

As cities and counties work to update their comprehensive plans, many are considering the need for housing. Recent amendments to Growth Management Act through House Bill 1220 require cities to plan for housing at each income level with more specificity than in year’s past. PSRC…

Many Black, Indigenous and people of color (BIPOC) renters struggle to find housing they can afford in the region. As this map from the latest Puget Sound Trend shows, people of color are priced out of rentals in many areas. Overall, Black and Hispanic or Latinx renters have…

As rent has increased exponentially over the past eight years, income has plateaued, leaving low-income households to pay a larger share of their income on housing. !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]…

Rents across the central Puget Sound region moved skyward over the last decade, driven by demand from a robust economy, particularly in the technology sector, as well as limited housing supply. A new Puget Sound Trend looks at how rising rents have affected people of color,…

PSRC has released findings from a public opinion survey on housing conducted last fall. Survey respondents in the central Puget Sound region named housing costs and homelessness as the two most important problems facing Washington State today. At 40% and 39%, these issues were…

PSRC has recently published two new housing resources. The new Regional Housing Strategy Monitoring Report provides a snapshot of key housing measures in the region, as well as longer-term trends and case studies. Data in the report shows the region’s progress on the housing…

PSRC recently hosted a housing-themed webinar in its Passport to 2044 series focused on racially disparate impacts, where PSRC and partners shared tools and resources planners can use to update their comprehensive plans to align with VISION 2050’s policy framework. You can watch…

The central Puget Sound region’s housing market is known for being tough, but 2022 has taken it to a new level. We analyzed housing affordability data for the latest Puget Sound Trend and found that typical home values grew 112% in the last eight years, jumping from $…