Have you done an economic analysis to see if or how Development Code changes could incentivize developers to buy old homes as they come up for sale and then build out the most profitable type of hom

Yes, the city has hired an economic consultant to work on this project. Their scope includes evaluating the feasibility of middle housing under three potential alternatives drafted by city staff and evaluating the potential of displacement in vulnerable areas. If the report indicates that some housing types are more likely to be built than others, then staff can work with City Council to explore incentives for housing types that are less likely to be built.

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1. Have you done an economic analysis to see if or how Development Code changes could incentivize developers to buy old homes as they come up for sale and then build out the most profitable type of hom
2. How much has the city paid an economic consultant for professional services that benefit the Housing Options Project?