We need to increase and diversify our housing stock
Everett residents deserve to have access to affordable housing. Anyone who works hard to support their family and has played by the rules shouldn't be living paycheck to paycheck because of rent.
If elected I will:
Work to create affordable housing and pathways to homeownership.
I want to create a sweat equity homeownership program to help hard working families escape the rent cycle and begin building their future. A hard-working family who can afford rent or a mortgage but just can't seem to put enough away for a downpayment should have the option of rolling up their sleeves and applying their good ol' American work ethic to create a future for their family through sweat equity homebuilding. Neighbors who've shared the experience of contributing their blood, sweat, and tears to the creation of their neighborhood will foster stronger community and better neighbors.
Push to create a land trust in the city of Everett.
The Kulshan Land Trust in Bellingham is a great example of the innovative housing models that our city could use to increase affordable housing stock. The creation of the trust would allow potential homeowners to purchase the house on the property while the land trust, a non-profit, retains ownership of the land. This model brings down the cost of a mortgage be removing the additional costs of purchasing the land.
The reduced costs of a land trust allow the flexibility to create different types of housing. For instance, in Burlington, Vermont a land trust facilitated the creation of co-op condominiums as well as sweat equity condominiums, thereby efficiently and effectively increasing affordable housing.