Housing Strategy | ENVISION FRANKLIN 9 RECOMMENDATIONS Several of Envision Franklin’s Guiding Principles are central to supporting a local housing strategy. These include: • Vibrant Neighborhoods • Managed Growth • Exceptional Design • Connected Community A housing strategy can and should meet multiple goals, including supporting social equity and affordability. High demand housing products include smaller, single-story homes that are easy to maintain and close to amenities, such as restaurants, shops, and healthcare providers. Key Findings • Missing middle housing offers a valuable focus for housing options beyond single-family homes and large apartment buildings. • Managing impact fees strategically could help to encourage missing middle housing options and encourage priority development types. • Envision Franklin design concepts can be updated to support a greater variety of housing types • More senior-friendly housing options are needed to accomodate an aging Baby Boomer population. • Predictability in the development process is important for both local governments and developers. Streamlining the review and approvals process helps to make project development more efficient and to lower costs. CONNECTING HOUSING AND TRANSPORTATION Housing and transportation are closely tied and benefit from a coordinated approach. Reducing traffic congestion requires either building bigger roads or reducing the number of cars trips on existing roads. Having more mixed-use neighborhoods, where residents can walk or bike to nearby destinations for school, work, or shopping, is a better way to reduce car trips than building bigger roads OTHER HOUSING POLICIES While the Housing Strategy for Envision Franklin focuses on land use and development policy, housing policy is most effective with a multipronged approach, including: • Create and preserve dedicated affordable housing units • Help households access and afford private-market homes • Protect against displacement and poor housing conditions • Tax strategies designed to encourage owners of expensive land to build more intensively CONCLUSION The Envision Franklin update offers an opportunity to renew a shared vision for the city and the future – and offers the potential to examine how to both address local housing needs and embrace community character. Expanding partnerships with community stakeholders such as the Housing Development Commission, the Williamson County Health Council, the Franklin Housing Authority, and the Community Housing Partnership are essential to expand local capacity and resources to address Franklin’s housing needs.
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