New and Notable Project: Bellevue Affordable Housing Strategy

ECONorthwest worked with the City of Bellevue to evaluate the successes and shortcomings of the policy tools currently in place, review best practices from other jurisdictions, and assist in the identification of any additional tools that might help Bellevue meet its housing goals. ECONorthwest used research and financial analytic tools to identify barriers and guide the implementation of the right tools to support the realization of the City’s Affordable Housing Strategy. The analysis explicitly examines the financial impact of parking requirements on project feasibility and (e.g., off-street parking) and parking form (i.e., surface, structured, underground) on development feasibility and the incentives offered by the City.