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6.Ideally, affordable housing includes ownership and rental units, and we recognize ownership <br />KEY PARTNERS & RESOURCES <br />may be more challenging. <br /> <br />7.We will carry forward this vision in a manner that maintains our character and neighborhood <br />The Lincoln Institute of Land Policy <br />fabric that defines Lakewood. <br /> <br /> <br />The Lincoln Institute of Land Policy seeks to improve quality of life through the effective use, taxation, and <br />This resulted in the identification of the following recommendations for action: <br />stewardship of land. A nonprofit private operating foundation whose origins date to 1946, the Lincoln <br /> <br />Institute researches and recommends creative approaches to land as a solution to economic, social, and <br />1.Support and maintain infrastructure. Capital improvement planning and budgeting needs to <br />environmental challenges. Through education, training, publications, and events, we integrate theory and <br />ensure the existing utility and transportation infrastructure capacity is maintained, modernized, <br />practice to inform public policy decisions worldwide. <br />efficient, and resilient. <br /> <br />2.Continuously evaluate affordable housing programs. <br />The Lincoln Institute organizes their work around six goals: <br />a.Advocate for changes in the minimum thresholds for eligibility of programs. <br /> <br />b.Reexamine the tax abatement program for the creation of affordable housing. <br />1.low-carbon, climate-resilient communities and regions; <br />c.Simplify existing programs that support existing homeowners and renters. <br />2.efficient and equitable tax systems; <br />d.Ensure the period of affordability is maximized. <br />3.reduced poverty and spatial inequality; <br />e.Examine and develop new programs. <br />4.fiscally healthy communities and regions; <br />3.Educate. <br />5.sustainably managed land and water resources; and <br />a.Educate landlords about housing vouchers during the annual mandated training all <br />6.functional land markets and reduced informality. <br />landlords must complete as part of their Rental Housing License to operate a rental unit <br /> <br />in the city. <br />Greater Ohio Policy Center <br />b.Provide credit counseling and education about the responsibilities of home ownership to <br />homebuyers. <br />4.Support, Maintain, and Enhance Local Regulations & Enforcement. The Greater Ohio Policy Center (GOPC) is a statewide nonprofit organization with a mission to improve <br />a.Eliminate any regulatory barriers to maintaining and creating affordable housing. hŷźƚ͸ƭ ĭƚƒƒǒƓźƷźĻƭ ƷŷƩƚǒŭŷ ƭƒğƩƷ ŭƩƚǞƷŷ ƭƷƩğƷĻŭźĻƭ ğnd research. Their vision is a revitalized Ohio. <br /> GOPC <br />b.Comprehensively rewrite the Zoning Code is highly respected for its data driven, nonpartisan policy analysis, research expertise, and policy <br />c.Support and maintain the Housing Forward Initiative and Rental Housing License development, and regularly provides expert analyses to public, private, and nonprofit leaders at the <br /> local, <br />Program. state, and national level. <br />5.Identify New Support & Opportunities. <br />a.Identify opportunities to coordinate with and support non-profit organizations to <br />LegacySP Toolkit <br />supplement and expand their existing efforts. <br /> <br />1 <br />b.Coordinate with private sector developers that are also active in providing affordable <br />As described in the LegacySP toolkit, scenario planning allows planners and the public to understand the <br />housing. <br />future effects of present-day decisions. However, scenario planning tools have mostly been applied within <br />c.Retain a commercial broker to monitor available properties that may be suitable for <br />large growing cities and regions and assume future growth as a baseline. This oversight in scenario <br />affordable housing. <br />planning practice hinders its applicability across different regions and places, specifically those <br />d.Regularly fund the Land Acquisition Fund to support property acquisition, development, <br />experiencing population loss and economic disinvestment (legacy cities). These legacy cities require <br />or rehabilitation for affordable housing. <br />scenario planning processes that are flexible, practicable, and emphasize collaborative decision making <br /> <br />and social learning over sophisticated modeling and digital tools. <br />These recommended actions are to be implemented over the next five years with continuous evaluation <br /> <br />and assessment of effectiveness throughout the term. <br />In the summer of 2022, the Lincoln Institute selected the City of Lakewood to pilot an exploratory scenario <br />planning toolkit (LegacySP) specifically targeted towards use by legacy cities. LegacySP was developed for <br /> <br />the Lincoln Institute by Emma Walters, a graduate student in the Department of Urban and Regional <br />Planning at the University of Illinois at Urbana Champaign, and Arnab Chakraborty, a professor of urban <br />1 <br /> Walters, Emma, and Arnab Chakraborty. 2022. "LegacySP: A Scenario Planning Toolkit for Shrinking Regions." Lincoln <br />Institute of Land Policy. January. https://www.lincolninst.edu/publications/working-papers/legacysp. <br />ivv <br />planning and an associate dean in the College of Fine and Applied Arts at the University of Illinois at Urbana <br />TABLE OF CONTENTS <br />Champaign. <br /> <br /> <br />INTRODUCTION & BACKGROUND .......................................................................................................1 <br />\[ğƉĻǞƚƚķ͸ƭ ƦźƌƚƷ ǒƭĻ ƚŅ \[ĻŭğĭǤ{t ƷƚƚƌƉźƷ źƭ ŷĻƌƦźƓŭ Ʒƚ develop a national model for legacy cities that are <br />working to address issues impacting their communities. <br />The Importance of Housing in Lakewood ................................................................................................. 1 <br />Current Housing Market in Lakewood ...................................................................................................... 2 <br />Recent and Expected Housing Developments in Lakewood ..................................................................... 4 <br />Programs Supporting Affordable Housing ................................................................................................ 5 <br />Current Supply and Demand of Affordable Housing ................................................................................ 5 <br />Housing Cost Burden on Low to Extremely Low-Income Households ...................................................... 7 <br />EXPLORATORY SCENARIO PLANNING PROCESS ...................................................................................9 <br />SWOT: Analyzing Affordable Housing in Lakewood .................................................................................. 9 <br />Identifying Stakeholders Influencing Affordable Housing in Lakewood ................................................. 10 <br />Pre-Workshop Interviews with Select Stakeholders ............................................................................... 11 <br />‘ƚƩƉƭŷƚƦʹ 5ĻŅźƓźƓŭ \[ğƉĻǞƚƚķ͸ƭ CǒƷǒƩĻ ƚŅ !ŅŅƚƩķğĬƌĻ IƚǒƭźƓŭ ͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵͵ ЊЋ <br />Workshop: Planning Through Scenarios ................................................................................................. 14 <br />RECOMMENDED ACTIONS ................................................................................................................ 18 <br />IMPLEMENTATION COST-TO-VALUE & SCHEDULE ............................................................................. 21 <br /> <br />vivii <br /> <br />