Over the past decade, the cost of housing in Thurston County has increased faster than household incomes. Currently, over 30% of households are cost-burdened—spending more than a third of their income on housing—and roughly 800 residents are homeless.
TRPC is working with the cities of Lacey, Olympia, and Tumwater to develop a Regional Housing Action Plan. The goal of the plan is to encourage the construction of additional affordable and market-rate housing in a greater variety of housing types, and at prices that are accessible to a greater variety of incomes. The plan will include:
A housing needs assessment, including a 25-year projection of housing affordable at different income levels
A list of specific actions that Lacey, Olympia, and Tumwater can take to increase the affordable housing stock
A rental survey, to better understand what residents are paying for rent and how rents are changing
The plan will be completed in 2021.
Thurston County’s 5-Year Homeless Housing Plan (2019-2024) identifies the region’s response to the homeless housing crisis. The goal of the Housing Action Plan is to identify strategies to build affordable housing for people of all incomes, without duplicate work done to reduce homelessness.