Housing
From supportive housing for people experiencing homelessness to houses that will attract and retain workers, housing supply is not keeping up with demand in Anchorage. Meeting the need will require a toolbox of solutions to add new housing and preserve existing stock.
Snapshot
Anchorage, like communities across the country, needs more quality, affordable housing.
There is no single housing need in Anchorage. The need spans income groups and tenure (rental vs. ownership), meaning a variety of new housing types are needed for a variety of households. As in other places, some housing is easier to build and finance than others. The need also includes both new housing and renovation/preservation of the existing stock.
Anchorage needs an est. 7,000 housing units over the next 10 years:
2,300 new units
4,700 existing units that need to be renovated or replaced
Defining the Problem(s)
New housing development isn’t keeping up with demand.
Housing development costs are high, making it hard to build new housing in Anchorage.
Land availability is limited, with the city land-locked between Cook Inlet and the Chugach.
Anchorage’s current housing stock is aging, affecting housing condition and quality.
New housing production peaked in the 1970s and 1980s. Since then, the average house is becoming older and older, with the average house XX years old today.
Housing condition and quality suffer as the current housing stock gets older. There is a need for renovation and rehab of existing housing, to keep current stock online.
Housing is out of reach for many.
Housing affordability is a challenge, especially for lower-income households.
Housing data is needed to drive effective solutions.
Housing data is not centralized, making it challenging to define the type of housing needed across income, tenure, neighborhood, etc. Effective, targeted solutions will be based in data.
Solutions
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