Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County housing analyst: Lynnwood faces housing shortfall, rising prices; local action needed
Summary
Chris Collier of the Alliance for Housing Affordability briefed the council on housing trends showing a multi-year shortfall of new units versus new households, steep increases in home prices and rents, and a gap in assistance for very-low-income households. He urged continued local policy action alongside regional coordination.
The Lynnwood City Council received a “Housing 101” briefing on May 27 from Chris Collier, program manager with the Alliance for Housing Affordability. Collier presented countywide and city-level data showing a sustained shortfall of new housing units relative to household formation, sharp increases in home prices and rents, and insufficient subsidized units and vouchers to meet demand.
Key figures presented: Collier said the inflation-adjusted median sale price for single-family homes in Snohomish County rose from about $362,000 to roughly $822,000 over recent years, and estimated that a household…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
