Buckeye_Council Presentation 2025 12.16.2025 AM FINAL.pptx
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Housing Needs Assessment & Action Plan City Council December 16, 2025 Agenda • Introduction • Project Overview • Housing Needs Assessment • Regional Housing Dynamics-Market Conditions Overview-Regional Data Snapshot • Existing Conditions • Community Engagement • Housing Action Plan • Q & A Presentation Goals • Understanding HNA/HAPs • Implementation Priorities • Next Steps for staff Project Overview City of Buckeye Housing Needs Assessment (HNA) & Action Plan Data Collection & Analysis Demographics, economic conditions, housing stock Housing market demand GIS site suitability analysis Community Engagement Stakeholder, Resident, Business Owners Taskforce Engagement Housing Action Plan Policy Recommendations Funding Mechanisms Implementation Guidance What is a Housing Needs Assessment? • Data-driven analysis of a community's housing market and demographics • Identifies gaps in housing supply, affordability, and move-up housing • Examines factors like population trends, income levels, and housing stock Helps us understand: • Who lives in Buckeye and what their housing needs are • What types of housing exist and where are there gaps • How the housing market is changing, including prices, rents, and availability It’s about identifying current conditions and future needs. Key Demographic and Housing Findings • Rapid Growth & Changing Demographics • Modern but Undiversified Housing Stock • High Homeownership Rate & Rising Costs • Rental Market Pressures – shortage of deeply affordable units, growing shortages of market-rate units • Mismatch between housing supply and demand 7 Worker earnings increased slower than household income Source: U.S. Census Bureau, American Community Survey 1-year & 5-year (Buckeye) Estimates (inflation adjusted to 2023 dollars) $59,000 MAG region median worker earnings in 2023 Buckeye $57,100 Buckeye median worker earnings in 2023 MAG region change since 2017: Household income: 12.6% Earnings: 5.8% Buckeye Buckeye change since 2017: Household income: 30% Earnings: 12.8% Source: Maricopa and Pinal County Parcel Assessor data Multifamily construction surpassed single family construction in 2023 in the Phoenix MSA 8 A first for the region Source: MAG Residential Completions Database, City of Buckeye 9 Buckeye housing construction since 2010 10% multifamil y 7% Build- to-rent Source: U.S. Census Bureau, American Community Survey 1-year & 5-year (Buckeye) Estimates Housing Vacancy 10 Buckeye Source: U.S. Census Bureau, American Community Survey 1-year & 5-year (Buckeye) Estimates Short term rental properties 11 Region Buckeye Source: Costar Group (inflation adjusted to 2024 dollars) $1,680 Buckeye median asking rent 3rd quarter 2025 Median rent prices have improved since 2021 12 Buckeye Source: Costar Group (inflation adjusted to 2024 dollars) Multifamily vacancy rates 13 Buckeye rates higher due to recent increase in supply More than half of all renters in the region spend more than 30% of their income on housing Sources: U.S. Census Bureau, American Community Survey 1-year and 5-year Estimates (Buckeye) 35% Buckeye renters cost burdened average age of home buyers in the region 50 201 0 2024 43 14 35% Buckeye 40% Buckeye 15 Buckeye Households by Size, 2023 All Households Owner Households Renter Households Household Size Number Percent Number Percent Number Percent One person 4,337 14% 3,502 13% 835 20% Two persons 10,189 34% 9,196 35% 993 24% Three persons 5,568 18% 4,581 18% 987 24% Four persons 4,208 14% 3,650 14% 558 13% Five persons 2,645 9% 2,208 9% 437 10% Six persons 1,782 6% 1,492 6% 290 7% Seven or more persons 1,429 5% 1,342 5% 87 2% Average Household Size 3.11 persons 3.13 persons 2.99 persons Source: ACS 5-Year Estimates, 2023; Tables B25009, B25010 Household Income Distribution for Buckeye, 2023 All Households Owner Households Renter Households Household Income Number Percent Number Percent Number Percent $0 to 49,999 4,980 17% 3,887 15% 1,093 26% $50,000 to $74,999 4,907 16% 4,139 16% 768 18% >$75,000 20,271 67% 17,945 69% 2,326 56% Median Household Income $98,778 $100,507 $85,460 Source: ACS 5-Year Estimates, 2023; Tables B25118, B25119 Community Engagement • Resident Survey – 617 responses • Community Meetings • May 12 – City Hall East @ The Landing • May 28 – Senior Center Housing Types, Priorities, & Challenges • 77% want prioritization of senior living facilities. • Desired housing: 34% apartments, 32% single- family, 20% duplex/triplex/townhomes . • Challenges: 65% see inadequate senior housing, 63% unaffordable rent, 52% Housing Types, Priorities, & Challenges (Continued) • Development: 61% want wider housing variety; • Concerns: 81% traffic; 69% water/utilities strain. • Policy support: 62% developer incentives; 87% senior services; 79% improved transit. What is a Housing Action Plan? • Outlines strategies and goals to address identified housing needs • Proposes specific actions to improve housing availability and affordability • Guides policy decisions and resource allocation Builds on the HNA to develop: • Policy strategies to address housing challenges • Funding options to support housing goals • Implementation steps to guide decision-making and progress It creates a path forward to guide future housing efforts. Attainable Housing Strategies Identified for Buckeye • Catalytic Development Areas • Development Incentives • Development Code Updates • Accessory Dwelling Units • Down Payment Assistance • Human Services Catalytic Development Areas Downtown Buckeye The Landing Development Incentives • Due Diligence Assistance • Density Incentives • Waiver or Reduction of Development-Related Fees • Reimbursement of Development Impact Fees Development Code Updates • Administrative and By-Approval Processes • Streamline approvals to reduce delays and support housing goals • Permitted Uses • Developing consolidated checklists or flowcharts to reduce permitting steps • Minimizing discretionary reviews by shifting approvals to administrative permits • Standalone guidelines for standardized design and development standards • Density Standards • Adjust density to encourage diverse housing options • Parking Requirements • Balance parking standards to improve affordability and land use efficiency Accessory Dwelling Units Pre-Approved ADUs • Benefits • Avoid lengthy reviews, costly revisions, and approval uncertainty • Consideration • Lack of design variation Down Payment Assistance • Leverage ADOH homebuyer programs (up to 120% AMI) • Support purchase of varied home types • Use SHOP funds for land and infrastructure • Join HOME Program consortium for assistance Human Services • Strengthen rental, eviction prevention, and case management • Partner with regional agencies and Continuum of Care • Support seniors and people with disabilities • Centralize housing referrals and assistance • Host workshops on tenant rights and financial literacy • Organize resource fairs with service providers • Track housing stability outcomes Implementation Immediate next steps for the City & Council: • Assign staff for implementation and ongoing monitoring • Review draft zoning and housing recommendations • Schedule public hearings and gather community feedback • Prioritize and formally adopt policy updates Questions?