Appendix
Several sources of information provide the structure for this inaugural version of the HIT. The HIT leverages local knowledge of tools and policies that are in motion in our region, as well as on-the-ground intel on housing production activities. Housing forecasts from the Urban Institute by price band and jurisdiction through 2030 are used to provide annual targets for each jurisdiction. In addition, several key metrics are included to overlay context on the housing affordability picture for each jurisdiction. The following sources of information were used to produce the HIT:
- Local Jurisdiction Survey
- Unit production counts
- Policy/Planning/Zoning information
- Urban Institute Housing Study
- Annual housing targets by income by jurisdiction
- Affordability Context Data
- U.S Census Bureau American Community Survey
- Bureau of Labor Statistics
Local Jurisdiction Survey:
In March 2020, an 8-question survey was sent to the 11 jurisdictions included in this inaugural version of the HIT. All 11 jurisdictions responded to the survey, and the data and information was collected, and uploaded to HIT website. Responses to nearly all of the questions in the survey were submitted by the participating jurisdictions, which provided valuable insights into housing activities at the local level in our region. Question number 5, which was about housing preservation, was the only portion of the survey that did not receive many responses. Of those few jurisdictions that did respond to the preservation question, most of the information was in aggregate form, and not by affordability level. As housing preservation tools and activities are implemented and become more widespread in our region, HAND will monitor these local activities and their outcomes in future versions of the HIT. The survey questions are provided in the table below.
Urban Institute Housing Study
The Urban Institute released a study in September 2019 detailing the multi-layered housing challenges facing the Washington region. From supply constraints, to affordability gaps, the report takes a deep dive into the trends of Washington area housing market, and offers a broad menu of policy tools and strategies that local leaders, practitioners, and stakeholders can pursue in working towards solutions to the housing issues facing the region. In addition to recent trends in the market, the report provides valuable projections on the types of housing that will be needed in the future. These housing targets provide not only the estimated number of units that will be needed, but also what price bands will be in demand, and in which part of the region the housing units will be needed. These overall housing forecasts by price band by jurisdiction were used to provide the key set of annual targets for the HIT.
The full report from the Urban Institute is available here:
Meeting the Washington Region’s Future Housing Needs A Framework for Regional Deliberations
Total Forecasts: Units by Price Band by Jurisdiction
Annual Forecasts: Units by Price Band by Jurisdiction (total forecasts divided by 15 years)
Cost Level Category by AMI Range
Affordability Context Data:
A set of 4 key metrics were used to provide context to the affordability issues and challenges facing each jurisdiction. This data is intended as a supplement to the core set of unit counts and targets for each locality and provides a snapshot of the affordability needs in each community.
Census Data:
- Table B25070: Gross Rent as a Percentage of Household Income in the Past 12 Months
- Table B25064: Median Gross Rent
- Tables B19013D (Asian), B19013B (Black), B19013I (Hispanic), B19013A (White), B19013G (Two or more races): Median Household income in the past 12 months
- Table B25001: Housing Units
Bureau of Labor Statistics Data:
- Quarterly Census of Employment and Wages