Lake Forest Park explores affordable housing incentives and updates building codes

The March 11, 2025 Planning Commission Meeting in Lake Forest Park, Washington, focused on strategies to enhance housing affordability in the community. As housing demands continue to rise, the commission discussed potential incentives and code updates aimed at increasing the availability of affordable and middle housing options.

One of the primary topics was the exploration of various incentives for developers to create affordable housing units. The commission emphasized that while no immediate decisions were required, the discussions would inform future code updates. The proposed strategies included density bonuses, which would allow developers to build more units than typically permitted in exchange for offering some units at affordable rates. This approach aligns with recent legislative requirements under House Bills 1110 and 1337, which mandate tier 1 and 2 cities to facilitate increased housing density.

The meeting highlighted the importance of balancing affordability with market feasibility. The commission acknowledged that while incentives like fee reductions, parking requirement adjustments, and increased building heights could encourage development, they must be carefully calibrated to avoid discouraging construction altogether. For instance, reducing off-street parking requirements could be beneficial in certain areas but may not be feasible citywide due to existing parking challenges.

Additionally, the commission discussed the need for ongoing management of affordable housing units, suggesting partnerships with regional organizations like the King County Housing Authority and community land trusts. These collaborations could help ensure that affordable housing remains accessible over time.

Case studies from other regions, such as Portland and Tigard, were presented to illustrate successful implementation of similar strategies. Portland's residential infill project, which allows for increased unit density and size in exchange for affordability, has reportedly led to a significant rise in the construction of affordable units. Tigard's middle housing revolving loan fund, which provides short-term financing for developers, was also noted as a potential model for Lake Forest Park.

In conclusion, the discussions at the Planning Commission Meeting underscored a proactive approach to addressing housing affordability in Lake Forest Park. As the city prepares for upcoming code updates, the focus will remain on developing a suite of strategies that effectively balance the need for affordable housing with the realities of the local market. The commission plans to continue these discussions in future meetings, aiming to refine their approach and ensure that the community's housing needs are met.