Unprecedented growth trend has continued both in our population and our economy, despite the worldwide Pandemic of 2020. While this growth is welcomed, some of the growing pains are not. For instance, the construction of affordable homes has not kept up with the demand. Housing affordability is still an issue that I have been addressing since day one on the Council.
Even with the gigantic leaps we have taken in this regard, the rate of growth and housing needs do not match up. Nonetheless, my concern is to implement the creative strategies of the Thriving in Place plan, funding it, and if need be, adapting to new innovative ideas that may arise. I have changed the policy from investing purely in small units of affordable housing to prioritizing family-size housing and affordable homeownership opportunities. It is my utmost concern to seize or create opportunities for this life-changing prospect for families in Salt Lake City.
Salt Lake City leads the State in the number of low-income housing units built. While this is an admirable accomplishment that provides housing to many people who would otherwise be forced to leave the City and should continue, we must also not forget the higher wage earners. To do so, I place emphasis on the creation of housing units that are affordable for residents of all income levels in our city.
Although nationwide factors contribute to this affordability issue, I am committed to working on policies that will ensure equitable housing opportunities and promote long-term housing market stability for all. If we do not address this, rents and housing prices will continue to rise, exacerbating the housing crisis and pricing our residents out of our district.
Our city's future is calling, and I am resolute in my determination to answer with solutions that are innovative, inclusive, and enduring.
Click here to read more about my concerns for Salt Lake City.