The Marin County Board of Supervisors will hold a public workshop on Tuesday, October 13, 2015 at 9:00 AM to discuss issues affecting housing in Marin and potential solutions to prevent displacement and preserve housing affordability.
Review the Workshop on Preserving Housing Affordability PDF and review the results of the 2015 Rental Housing Survey in the same document, consider options for preventing displacement and preserving housing affordability, and provide direction to staff.
BACKGROUND: A number of factors have contributed to the severe shortage of affordable homes that currently exists in Marin.
Marin County is a highly desirable place to live and work because of its beautiful setting, distinctive communities, and abundant cultural and recreational opportunities. In addition, more than 80% of the land in Marin is dedicated to parkland, open space and agriculture, thus protecting or restricting it from further development.
As housing costs have increased steadily, the sources of funding to support the preservation and creation of affordable housing opportunities have been shrinking. These trends are reflected by low vacancy rates, the pressures of increasing demand, and a widening gap between housing affordability and the cost of purchasing and renting a home. Many lower and moderate income residents, including seniors and families, are struggling with the high cost of housing. In addition, Marin’s workforce is facing longer commutes with fewer of those employed by local businesses living in the county.