January 11, 2022 - City Council Implementation Upd | Page 6

2.3 . A Work with educational institutions to include financial education to ensure that graduates are financially responsible . 2.3 . B Review homebuyer and renter education to see if it is sufficient . 2.3 . C Seek to implement changes where resources are insufficient
2.4 . A Research how to include household debt in the evaluation of housing cost burden 2.4 . B Use the data in the Housing Needs Analysis and debt burden data to identify housing needs and target solutions to gaps . 2.4 . C Reduce barriers to renting .
City Facilitator – Housing , Grants ( OSI ) and Code Timeframe - Medium term ( 1-2 years ) - PENDING Partners – ISD ’ s , TCC , UTA Actions :
• Chief Equity Officer will work with partners to review and discuss available financial education .
City Lead – Housing , Grants ( OSI ) and ED Timeframe - Medium term ( 1-2 years ) – IN PROGRESS Actions :
• Staff is researching best practices used in other cities to evaluate housing cost burden .
• An ad hoc committee of CND and AHFC members is reviewing affordable housing tools available to the City Council .
• Economic development strategies are focused on improving resident job skills and increasing availability of jobs with wages that would allow residents to afford existing housing stock .

2.3 . A Work with educational institutions to include financial education to ensure that graduates are financially responsible . 2.3 . B Review homebuyer and renter education to see if it is sufficient . 2.3 . C Seek to implement changes where resources are insufficient

2.4 . A Research how to include household debt in the evaluation of housing cost burden 2.4 . B Use the data in the Housing Needs Analysis and debt burden data to identify housing needs and target solutions to gaps . 2.4 . C Reduce barriers to renting .

City Facilitator – Housing , Grants ( OSI ) and Code Timeframe - Medium term ( 1-2 years ) - PENDING Partners – ISD ’ s , TCC , UTA Actions :

• Chief Equity Officer will work with partners to review and discuss available financial education .

City Lead – Housing , Grants ( OSI ) and ED Timeframe - Medium term ( 1-2 years ) – IN PROGRESS Actions :

• Staff is researching best practices used in other cities to evaluate housing cost burden .

• An ad hoc committee of CND and AHFC members is reviewing affordable housing tools available to the City Council .

• Economic development strategies are focused on improving resident job skills and increasing availability of jobs with wages that would allow residents to afford existing housing stock .