GROWING SLC: A FIVE-YEAR HOUSING PLAN 2018-2022
On December 12 2017, the Salt Lake City Council voted unanimously to adopt Growing SLC: A Five-Year Housing Plan 2018-2022, the first housing plan for the City since 2000.
The plan outlines a thoughtful strategy for ensuring long-term affordability and preservation that continues to enhance neighborhoods while balancing their unique needs. Moreover, it considers that as we grow we must build, but build thoughtfully, in a way that is sustainable, equitable and durable.
Growing SLC lays out a number of comprehensive solutions and policies to address the lack of affordable housing for households earning 40% or below the Area Median Income, including: updates to zoning regulations, removing impediments to development, innovative construction, increasing homeownership opportunities, eliminating incidences of housing discrimination, and implementing life-cycle housing principles. (Please note, that this plan serves as our State of Utah required biennial Moderate Income Housing Plan.)
Growing SLC 5 Year Housing Plan - 2021 Annual Report
Salt Lake City 2021 Annual Moderate Income Housing Plan-Report Attachment (MIHP Annual Report 2021 will download as a PDF with small font, you must zoom in on it to read the details).
Affordable Housing Dashboard
Salt Lake City’s housing market has been experiencing a boom since the end of the Great Recession. However, even with a large increase in construction, vacancy rates are at an all-time low, driving up housing prices across the city. The growth in population and employment supports a vibrant city in which many want to live and work, but it is increasingly becoming a city out of reach for many of our residents and workers.
The Growing SLC Housing Plan, unanimously adopted by the City Council in December 2017, aims to address the root causes of housing affordability, increase the much-needed housing supply, and expand opportunities for residents throughout the City.
The affordable housing crisis has implications for every Salt Lake City resident and business. Resolving this crisis requires a thorough understanding of the issue and tracking of our progress. Together, we can work to solve these challenges and support solutions to support a city that offers a high quality of life and inclusiveness.
Growing SLC includes the objective of providing residents, community advocates, business leaders, and elected officials with high quality data to drive decision-making. The dashboard below provides a public-facing set of housing metrics to provide insights into key market characteristics. Its indicators illustrate important data on housing and will track updates on progress over time to drive decisions, understand impact, and help inform solutions to Salt Lake City’s housing crisis.