The purpose of the report is to provide a framework for the Affordable Housing Strategy 2017-2027. The policies are based on research, stakeholder feedback, and economic analysis. It includes identifying housing gaps and presents policy recommendations for the City of Richmond. They were adopted by the Council in July 2017. The Affordable Housing Strategy 2017-2027 provides the implementation plan to advance the approved policies. These policies are focused on increasing the supply of affordable rental housing options that address the needs of Richmond’s priority groups. No single policy or proposed action is successful in isolation. When implemented together with the combination of recommended policies and practices make a comprehensive response to affordable housing issues in a community. Implementation of the recommended policies requires partnerships and ongoing collaboration among important groups like City senior levels of government, the private and non-profit housing sectors. Effective & timely implementation will also require significant City resources including sufficient cash reserves and staff resources.  

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