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PUNCHLINE: Washington State needs to build an astonishing 1.1 million housing units by 2044 in order to catch up on the housing we have not been able to build over the last 15 years AND plan for our future population growth.

Housing affordability is one of the top issues in Washington State. It is getting more and more expensive to live here and our housing costs are driving our professionals to other states. In 2023, the Washington State legislature passed two bills designed to help our housing crisis: HB 1337, otherwise known as the Accessory Dwelling Unit, or ADU, bill and HB 1110, otherwise known as the middle housing bill (which includes duplexes, triplexes, townhomes, cottage housing, and more). As our cities and counties are planning for their next Comprehensive Plan Updates, these bills need to be incorporated. Middle Housing and ADUs will change the landscape of our neighborhoods. This video delves into why the Housing Supply Gap developed, both nationally and at the state level, what is being done about it, and how we can further improve housing affordability. This video is designed for anyone who cares about housing and affordability in Washington State.

After this course, you will have a thorough understanding of the mechanics involved in creating our Housing Supply Gap. You will have talking points and resources for explaining this issue to clients, friends, and family. 

Denise will cover:

• Defining the Housing Supply Gap issue
• The Impacts of Underbuilding
• How to Get Back on Track
• Summary
• Additional resources including links to state documents and an exclusive link to an interview that Denise did with Lt Governor, Denny Heck will also be provided. 

This course should be mandatory for all real estate professionals and those who care about housing affordability.