MBAKS held its annual Housing Solution Breakfast on October 17, gathering elected officials, industry leaders, city staff and housing partners to elevate the importance of successful middle housing implementation. The event emphasized the partnership it will take to do it right. We used the program to strengthen our messaging on middle housing policy and acknowledge the hard work ahead for many cities.

This year we were joined by 140 guests with over 35 public officials in attendance. The program opened with a video featuring MBAKS homebuilder members and Redmond Mayor Angela Birney. The video highlights the importance of our shared work implementing House Bill 1110 at the local level.

Our Keynote speaker, Morgan Shook, Senior Policy Analyst and Partner at ECONorthwest, provided an overview of Oregon’s middle housing efforts, what’s working and what’s not. Key takeaways include:

• Graduated floor area ratio (FAR) limits encourage the development of more small units.
• Removing minimum parking requirements is another way to facilitate middle housing.
• Local governments should use caution when regulating frontage improvements or other infrastructure upgrades. These costs are substantial and impact financial feasibility, creating an unsurmountable barrier and resulting in fewer homes.
• View the full slide presentation here.

Attendees also had the opportunity to hear from Josh Brown, Executive Director at Puget Sound Regional Council and Cathy MacCaul, Advocacy Director at AARP of Washington. Each brought their unique perspective and emphasized why this work is so important for meeting our region’s housing needs.

To learn more about MBAKS’ efforts on Middle Housing implementation, please see MBAKS Middle Housing Implementation Plan.

And don’t forget to read about middle housing in the news! MBAKS and members partnered to publish three editorials this year in support of successful middle housing implementation. Read more here.

By MBAKS Senior Policy Analyst Allison Butcher

Low Inventory Driving Home Prices Up

The latest Builder's Bulletin for February 2017 shows a continued decline in the inventory of homes for sale in King and Snohomish counties and prices still on the rise. According to the Northwest Multiple Listing Service, in December 2016, both counties had less than a months' supply of inventory, far below the four to six month level considered by many industry analysts as an indicator of a healthy market. Meanwhile, the December median home price for single-family homes and condos was up 12.2 percent year-over-year in King County and 12.4 percent in Snohomish County.

The Builders' Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, U.S. Census Bureau, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report:

FOR IMMEDIATE RELEASE
Media Contact:
Sharon Couts
Master Builders Association of King and Snohomish Counties
425.499.1723

Governor Signs into Law Permit Process Improvements to Help Housing

New Law Will Create Efficiencies in the Final Plat Approval Process for Subdivisions

Bellevue, Wash—April 27, 2017—Governor Jay Inslee today signed into law Senate Bill 5674, providing a local option to allow administrative approval of the final plat process. The bill, sponsored by Senator Guy Palumbo (D-1st District) and Senator Joe Fain (R-47th District), will provide significant efficiencies in many jurisdictions where it can take a long time to get a final plat through the legislative process.

Shannon Affholter, executive director of the Master Builders Association of King and Snohomish Counties, explained why the bill is one of the Association's top legislative priorities: "Allowing local governments to delegate final plat approval to planning directors or other designated authorities will save our members weeks or even months of delay in getting on Council agendas for final approval in what is largely a pro forma action," he said.

"The new law is a positive step forward for housing affordability because it will bring greater efficiency to the permit process," Affholter added. "In homebuilding, time is money. Anything that reduces unnecessary delays in the permit process helps to lower another cost pressure on housing."

The preliminary plat application provides an opportunity to appeal, so making the final plat approval process administrative will not remove the opportunity for public input or appeal.

About MBAKS

Founded in 1909, the Master Builders Association of King and Snohomish Counties (MBA) has grown to become the largest residential homebuilders association in the United States. With more than 2,800 member companies, the Association is dedicated to membership value, government advocacy, financial stewardship, and promoting the residential building industry in the Puget Sound Region. The Association and its members address many of the concerns and issues affecting the residential housing industry. If you are looking to buy, build, remodel, or maintain your home, trust the MBA for industry professional referrals and practical information to get the job done. mbaks.com

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