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mobile video apps or online, c-span.org. >> next, aboutarp of governors discussing solutions on availability challenges. ensuring workers in the communities they serve. from the national governors association in washington dc, this is about an hour.

[silence] [silence] [le >> please welcome nga vice ■7■6

chair, colorado governor jared polis. >> thank you. welcome, everybody, to our third, final, and in many ways nearest to our hearts and most important number one issue int got to be number one or number 2, at best, the high cost of housing. it is a challenge people face. there is a national dimension, not under our control, at the national level. what we can do to re t when governors get to gather no matter what the topic, we end up talking about housing get. housing is our roman empire. doesn't mean we talk about it

several times a day. at this time we wanted to dedicate a time to talk in this state, a top issue. our states do such a great job, to start a business and when successful, makes it harder to live in our great states. we know the stories of our states, 27-year-old kids, who want to be able to have an hour commute in each way to afford to live. people who are the backbone of the communit teachers, don't afford to live in communities they serve in, businesses power their growth. we are focused on making progress in colorado. i signed a bill that banned

growth caps with several municipalities, we are moving forward aggressively to increase supply of housing looking at additional family housing in communities, accessory dwelling units, tackling liability cos easing government mandates like parking requirements. i'm excited to hear what others are we all face. we have a national expert on this with us. someone who's deeply involved, working with the ngos across the country, give us an overview of national housing trends. charlie anderson is executive vice president, before he

joined arnold ventures, served with us as a special assistant to the president of the economic council. ■ review, which is, we are reducing red tape and bureaucracy, time and treasure to be able to build the housing stock we know we need to. he is focused on solutions to help america build faster, better, and at lower cost. that is something you, please join me on the stage.

>> welcome. thank you for joining us. appreciate it. >> those are sweet notes for governors when we say we want to build things faster, better at lower cost. i think you were already warmed up and would love to hear your thoughts, the trends that are occurring and advice as governors and listen ■ >> thanks for having me. the governor said there's a philanthropy, focused on nonpartisan evidence-based solutions that address america's most challenging problems. on the infrastructure team, research, policy development and advocacy to build faster, better and lower cost in the united states. it is all domestic. that means transportation, energy infrastructure which is why we are here today.

ortant moment, folks are hearing about this all over the country. i appreciate the bipartisan support for this issue for a decade ago, acute housing costs were concentrated in places like san francisco and new york city. it spread and housing affordability as an issue all over the country for people at most income levels, urban, suburbanrural, workforce, seniors, everyone is struggling with the affordability of housing. and it is really stronger more restrictive zoning and regulation leads to fewer homes, the housing shortage leads to higher prices and we are millions of homes short of where we need to be based on population growth. that means half of renters ■r month and 22 million households and even worse, million of

those hoeholds, home ownership increasingly out of reach since 2020. some are rise in four years. used to be 29, and out 35. that aren't even making that purchase at all. want to move their stuff and because there's enough inventory. seniors award places without engaged in this fight too. basic story, cost burdens are challenging people, what do we do about it? if you look at places like houston, they built many more homes in similar cities and have much more lower prices. minneapolis is an example, they've seen a ton of apartments built, rents have declined as theye risen, more

homes at lower cost. most cities and towns, with housing voices and frequent city hearings, or far-unp with workers that can't afford to live there. states have an obligation to step up and we see a lot of states do that around e table. you see many of these things. with fund services without tax ratee regulatory burden makes more costly. with opportunities for home ownership. to paraphrase governor cox it's about ensuring they live near us rather than with us.■w

there's no silver bullet. a lot of this is on the policy menu. realizing accessory units, middle housing, to een banned because it was traditionally allowed. transit, limiting parking requiremenon and on. these are popular things across the aisle. as you saw in your state to address it. who give the affordable units

and subsidize.■ it comes up with real solutions, to get big thgs done. it's called the montana miracle, that's why many folks are eager for that. they are stepping up to lead this year. >> i want to go to governor gianforte to talk about what he got done and how he got it do >> thank you. we worked with the problem in montana. everybody decided they wanted to move to the most beautiful state.

>> they are the most beautiful in my own minds. >> they wereil it is all about it in wyoming. wyoming. we recognized moving on that this is the number one issue. moving into the communities, there wasn't enough supply. it is primarily a supply what we did. we have the incredible blessing, power of legislature meets for 90 days every two years.

we had a tight window. in august, prior to that legislative session, a task force on housing, it was a really broad section, folks from the building industry, realtors, county commissioners, city officials, state officials, nonprofit leaders from habitat for humanity and i give them a charge to cast a broad net and we went in and o october, into the legislative session in january and essentially ran the tape and got great results. in year we've seen average rental prices come down 20% in our largest communities. average vacancy rates just over one% which is not healthy market. it's too tight, over 6% in the same marke

what did we actually do. let me hit a few things quickly. first thing we did is cast comprehensive land use planning, master planning. it is easto a ater quote planned to decide how they want the communities to grow through a public process. everyo when someone seeks a building permit, it matches the growth plan no public hearing. that speeds up the permitting process. the second thing we realized for states that are seeing growth, there were no water and sewer infrastructure programs for new development. they focused on urban developments. out of our surplus, we put over $100 million into revolving lo

fund or municipality so water and sewer, we put an extra requirement on it that any subdivision qualifying in the low interest loan program has to be at least ten, it is oriented towards workforce. we authorized a vus statewide in any community that allows single-family homes. we allowed statewide basis we authorized apartments in commercial areas that got retail and upstairs apartments. we ended exclusionary zoning, which essentially if you big lots with the big houses with more density, that is bette design review boards. a lot of these are capricious. they like certain species of trees, certain colors of siding, other things based on

personal personalities of individuals on local design boar. said they would be staff no longer with volunteers, they have to be staffed with professionals and local municipality and to be relate public safety so you can require a sidewalk, you can't tell them what kind of trees to plant and recognizing the supply problem we ao reasing t number of people in the trades. we created a tax credit scholarship but will pay $3000 a year per employee to anyone that will send somebody to trade school. this goes through the local employer. it will get spent on jobs that are in demand, we change our apprenticeship ratios while dribbling the number of apprenticeships in the state

and as i mentioned we've gotten good results. you and i have had this conversation, how did yoge that done. every time i got pushback from the left or right in the legislature, i would say do we want our nurses, teachers and police officers to live in the community where they work and will this measure allow that to happen? in in the end that commonsense logic won the day. >> great su that many of us are looking to implement parts of. appreciate your thougs on the tactic, talk a little bit about what is happening both in oregon and the city of portland for fordability but other areas of your state. >> excited to hear about what is going on. lot of the same t oregon.

i want to start by sayi facingt now, end of story, we need to figure this out. governors have to lead the way. and it's not an oregon problem. it's a national problem. suburban, urban, rural. my first year in office big state, not just lower income, workforce housing, all types of housing, decades of underbuilding in oregon, all kinds of reasons to drive up the rents, the home prices, the most stark reminder of our housing supply, levels of what we are addressing.

oregon needs to produce 440,000 housing units in the next 20 years to keep pace with demand as well as make up for lack of supply. i set a new standard last year with emergency order saying we would build 36,000 units a year in the next decade. that was double our convention. we have a lot of work to do. we can't just focus on folks who are unsheltered. we are doing that with immediate prices in oregon and the biggest challenge in serving folks on the streets, we know how to build more shelter, how to keep people by helping them with rent. when someone has experienced that and move them into shelter we don't have enough units. i have been working on this for the last six years. we've done everything from authorizing statewide which

means a certain size have adopted plans to now allow townhomes, duplexes in the communities where they built single families, single id use first time, oregon has a huge planning system, to fight sprawl and protect our forests but we haven't done a good job, we will now have under a couple pieces of legislation regional and local housing analyses, what is available, what needs to be built, we don't know where we are going and won't solve the problem and one of the things i did last year was established housing ais are doing in montana, 20 plus individuals, housing producers,

engineers, local government leaders, they gave me a report of 59 recommendations, still going through those that is everywhere from financing to construction, codes, permitting, all the things we know our issues in our state and yours as well. with some of those recommendations i have one bill in the current legislative session. i asked for $500 million to d a number of things, the two big-ticket items negotiating right now is money for infrastructure, wet some money in there. we need more financial incentives for workforce housing, a be involved and we have been deeply subsidized housing funds, we are hearing from our private developers that they need extra help■ to get more workforce housing.

we are establishing for the first te office at the state l technical assistance in terms of grant and ta, it provide other things t takes place to get more production in the pipeline. and we are dealing with land supply. oregon has 50 years of the most fabulous land use when it comes to houng@v we have said some cities if you can show a need for land and affordability, you should have a 1-time expansion tool to build more housing and 30% of that new development, my hope is they passed that and haven't jumpstarted what we need to do. the bottom line for me, people say what do you have to do? you have to do all of it. all of it.

particularly in our state where we are so short on supplies, we need to push hard. i look forward to working with my legislator to get it done. i haven't asked for all of you today. if we didn't challenge ourselves there's attacks bill in congress right now that will be helpful and i want to thank the governors association for talking about the issues in the tax bill. greater flexibility for public activity bonds in our state, we maxed out our threshold on public activity bonds because we are putting that ability into affordable housing so we need more. we all know low income housing tax credit is important for workforce housing.right now th american workers and families act, the tax relief building

congress deals with strengthening threshold and private activity funds. wga has also said that that is what we need to be doing now. it past the house, 357 to 70. there might be some things causing drama but i can tell you if we get that tax bill passed those things will be neutral in all o states.pf if you haven't talked to our centers, we need to pass the tax relief bill to get more public activity now. >> thank you. in terms of our advocacy role anything that reduces financing costs which is one of the key drivers of cost would be good, that would include fiscal responsibility. it would include monetary policy. it would include tax credits, but these kinds of policies

with lower interest rates, specifically lower targeted co would be helpful. >> thank you. thank you so much for taking time to be here with us. i want to thank my fellow governors for inspiring me as well. greg grade montana, thank you. we copied what you are doing. this is the benefit of the international governors association. to change this little bit. i will take a different approach if i could and share something with you that you ea hope it passes my legislator next week or i will be very embarrassed. we will see what happens here. i had any perfidy a few months ago. we have been doing a lot of the things everybody else is doing. some of it is working for sure. what is happening, we take these ideas to the legislature.

by the time i got something through, we got things through. they were always a little water down. >> none of us have experienced -- >> my local municipalities were good at watering these things down. we don't like the state telling us what to do. we have taken a shotgun . we have to do everything. the epiphany was of this. i needed to change my messaging. i needed something that the people, would resonate with the people. i needed to get with the simplicity on the far side of complexity. i realized we are doing all those things, density, building more apartment buildings, doing all of this stuff. there's one thing we were not building anymore. we stopped building 15 years ago in almost all our states,

single-family detached owner-occupied starter homes. talking about homesó thousand square feet to 1400 square feet. how many of you grew up in a home like that or start your families at home like that. almost all of us. building those in utah and most places in the country and what i found was the starter home, that idea of a starter home, the american dream, home ownership resonated with everyone and cut through the and get us past nimby. people didn't want of an apartment building in their backyard but their heart went out that someone could own a s. we took that concept, went to need to build 35,000 starter homes in utah, we need all the other stuff too. we need 30,000 starter homes in utah in the next 5 yearse my m. we call them utah first homes.

that resonates with people. le and have these ideas. .. if you look at your state right now and i was surprised to see, our building start going down. rt interest rates for sure but other reasons. what we found out a couple things. one, get because■d municipalitis were not offered smaller lots, the incentive is to build the biggest thing you can every time. we have to change that. the other thing i did not see coming is because of the bk failures that happened a yearr ago all over long ago that was come almost exactly a yearthe fe cannot of money banks can land. so many banks, many of our

developers have projects on the books but could not get construction loans for those projects. or they could get construction loans, they're getting them it enters lake there were so high, ten to 1 they struggled to pencil it out. if you didn't vote at that height you not going to build starter homes, medium home price in utah is approaching $500,000. you have to make $170,000 to buy in median home $70,000 to buy a median he utah right now. 75% of utahns at the didn't own a home now could not afford o'mahony right now. that's a thimble. i'll to this really quickly. this is the idea that just came out that it don't think anybody else is doing. i needed a lot of money and so we have eight treasurers fund, public treasurers, we call it the pti f fund, when you invest all ofr state until he gets spent bigots like the savings account for your

state. humanist values may participate in that as well. right now forip u to get investd in short-term like commercial paper, mutual funds, those types of things, securities, really secure things. we get about a 5% return on that every year and it's kind of a liquid fund. so said wait a minute, were investing in china. when investing in new york. investing inin california. that money our savings account but it's not being investedah. what if we took some of that, what if we took right now looking at 350 million could go up to maybe $1 billion and stt-term construction loans for our developers to build starter homes? all right? so the bill has $350 million in it dollars in it with a 3.5% return that would be mixed with, it has to be mixed with the financial institution. so the banks will lend this out, mix our with their many here

for the construction loan. at 3.5%. the developers have to build 60% of the proct hases under $350,000, starter homes. small lots. you're wondering, cities will never go for this. the cities will go for it and here's why. we are creating a new zone, a first home, a starter home zone in utah. they have to provide smaller lots. that's a part of it that have to do that. what they get in return that they are very excited about the get access to some infrastructure funding where giving them. these are deed restricted lots, which means there are no secondary rentals. they have to be single-family detached owner occupied. so that means the big institutional investors can't buy and rent them out. they can't use the secondary rentals on the market. our cities are really excited about that and again he gets a

place for the firefighters and their police officers and their teachers to live. and for kids and grandkids. we will have an o choose the su. we have builders lined up. they said if you can get this money at 3.5%, at 3.5% will■ go build all of the starter homes you want right now. i really hope this is going to work. i think it's going to work. i think3t's big way and we're excited to share more details of that with you. >> were going to watch at that, spencer. me so one more, because, and governor kotek mention financing as well. we are all generally frustrated about financing because is notut that's a great approach. one more to throw out some of you might be familiar with pace, property assessed clean energy, a former sort of assessment. we are also looking at that for accessory dwelling unit construction. basically you take on the propey

assessment at a much lower interest rate that a a commerl mortgage would be.s with the pr. if you sell in future but at the micro levele hoping we can implement that as a lower-cost financg. us. i want to go to governor green "politico" du jour refers to kind of comment on whate' exchange of ideas. >> my basic take weight is isn't this exciting? they're just so many of yous taking this menu as said and tailoring to your states in different ways that meets the needs of each of your people. sometimes it's hard to be hopeful about where our country is going right now but this is like bipartisan work to solve a problem that is profound in people's lives in so many ways. proud of generations from now, so thank you for that. just to pick up on a few things

asernor cox says, it's always hard the first time you go in and you push on this and people scream and they have all kinds of reasons, but i think we see is overtime issue, people, resonates with people, everybody is feeling it and go back at it in different ways. you pick up pieces and you try. even governor gianforte date with such success lastev just going back at it again, there's no silver bullets, you will solve it in one fell swoop so that's exciting. i think is governor kotek said you need the financing tools, you need the affordability tools alongside the supply but you can't do one of the other, both. if you don't you with the supply issues is going to push down on the most vulnerable and that's what you see the places with the lowest vacancy rates, the placec with the highest home prices are the ones with unsheltered homeless populations that are struggling or people getting infected. those things relate to each other and hope that conversation between people who care about so-called capital a affordable housing or homelessness services

or just treating people with dignity are also thinking about these supply issues that are pushing more people into housing and stability. i think as governo rates is a good test of what housing,, healthy housing market looks like. when the vacancy rate is higher, a second chance especially people are coming from environments when maybe they're coming out of incarceration, may be that of the struggles making sure they have a place to go is highly dependent on what by the vacancy rate. that's also true for w workforc, and the last thing i'll say and then i'll shut up and let you all thought because you're so a much more interesting to me is theirs in this connection where people see, they see a lot of new homes being built and they say that's all lunch with housing. what people don't realize is an new unit that is built somebodyg from somewhere else. if you look at the chain of moves very quickly, , class c me affordable units become more

affordable than they and some is moving into that unit. that's the connection between the supply challenge and workforce and up and down the income spectru so i will stop there. >> they say why is hell on earth and nono one wants to live ther, so governor green, what do you do with a problem like >> that that the note withe second-most beautiful state to montana, it's more challenging. a couple observations and billy a great thanks to all of our colleagues and expert about the observations, they're absolutely what missing but our median cost is not $1.1 million in hawaii, the islands, the islands and with shortages of resizing the nurses, teachers and firefighters. when making the case. asefi couple things have happend since we last work together. first of all, we did of course recognize housing as a greatest challenge. just like seemingly every other state. we right there with you. we went into emergencyules

immediately like a really good solid red state. we did emergency rules on homelessness and housing, and people were shocked. they said what are we doing here? were had a war that broke out. but you try to pull back every possible of red tape and restriction that we have been instructed over the many years with lots of really thoughtful studies actually, so we did that and it became so controversial and conflict driven our developers who love every single thing and help us build these emergency proclamations wereid f litigation. so then we had to compromise, compromise and then come back down to earth. so there was that.. then what happened was on augusd the fire on maui displaced 3000, households and a market that was already be on tight. i mean you can't do anything for less than five or $6000 a month

already on maui. it to everything into chaos. so what did we learn? we already feel l we know we have to do all of these different pieces to build housing, but when we pulled back the curtain we found out where a good house people? the only option we had as her fema friends will tell us and everyone has been hearing in the "washington post" and "new york times" and "wall street journal" is long-term rentals. we have to find long-term rentals. hold back the curtain and we found what the real deal was in our state. on maui alone there were 31,000 short-term rentals. 31,000. only 150,000 people live■0 ther. interested with 89,000 short-term with 89,000 short-term rentals, of which a total for the whole state, 89,000 short-term rentals, only 15,0■á00 legal. we have 74,000 quote illegal or unsanctioned unlicensed short-term rentals. i have 50,000 units, i am 50,000

units short statewide. probably trying to build a house everybody and have these 89,000 short-term■h rentals because its so appealing to come and short-term rent in hawaii. i want unpack this a little bit because we're going to w thisis is one of our huge pieces of solution, why am mentioning now. for a short-term rental brings in 400% return, as compared to regular rentals. every house is being rented at 4000 bucks a month to one of our nurses, and short-termm% rental owner, god bless them, will bring 16,000. how do you compete with that? short-term rentals short-term rentals are owned by mainland guys. andcx i rea wouldn't have

bought on maui we tried everything. amazingly the council passed a bill to■■ñ give people 18 montho two years of complete property tax amnesty, no property tax if they would convert to long-term rental to house -- people have been displaced by fire that killed people. only 15% of the people would even take that as an opportunity, and were paying the full boat, their fair market value of what they earn short-term rental business people. t convert that without maybe bringing down some pretty terrible, you know, we described■ hammer, and we don't want to just like disrupt peoples business lives. butt we now are out of balance. we have a fundamental imbance. that was what i was thinking as all of you were sharing your stories. there is a fundamental imbalance in america andhi women have to

n some way, whether it's short-term rentals or affordable loans, or projects that we actually use some of ouh is ourup bankers have told us, f we set aside about 5%, the value of a large project like say a $2 billion project, if, ife we can guarantee 5% in an account in a special fund in our state coffers, they can begin to loan way below to people. because no one will go 3% loan when regular rates for 7%. that's another thing that has emerged as an idea. i wanted to share that scenario with you and talk very, very briefly about homelessness for us. we have a homeless rate as you know. we are poised and you will hopefully ask in a couple of years whethere did are poised to drop unsheltered homelessness by half over four years. even after having had a very high number. the way we're■l using the

resources we have including healthcare resources to build small villages and let people go the villages houses or $16,000 on average cost, as opposed to four or 500,000 to build a kind a kind of regular home. we are taking very high utilizing and suffering individuals and giving them, even sometimes a tiny rent or n% rent, the space to go and get better and the cost by dropping at over 70% per person which will free up medicaid dollars, which gets w us the capacity to invest in some of these other excellent ideas. right now as we know hhs hazlett eight of our states begin to do that. it's a lot to share but i just wanted to say i think there's some other imbalances in society went to address if you have any hope of not having the same out. i want to turn a moment to governor -- sorry. yes.

>> has anybody forget the short-term rental thing? is anybody doing anything in that space? we know newor york, right, new york took pretty bold action and they passed the bill would have to be on-site to short-term rentals. it's pretty aggressive, okay? but it did drop understand from the lectures i've received an update by over 80%. so that's a lightning the marke. and i can't say whether it's good or for bad. matt asked kathy, but we're about to do something similar things to transfer as a back to the market. i think charlie once again, we don'tn know the answer in colorado. i want governor murphy to get ready. is a resident bankers to hear your thoughts on financing and governor cox ideas, the ones i mentioned to much of it obligate for federally. it's hard to talk about housing without, and ignore the fact you have to borrow to build and so we love your on that pecan short-term rentals and

whatever else you want to address come charlie. >> on short-term rentals whatever you think is right answer. newdr york city vacancy rate is 1.4% right they still acute supply problem. many other tools they need to bring to bear. the company made a p well. the only other point i will make his folks have talked about financing tools. governorta cox mentioned because of the banking system issues, the regular sebastian gorka equity to be used to finance multifamily hsing, thatoften cot high interest rates as well just generally. you can replace that equity with public dollars with a public loan you can cut the cost by like six to 10% to build a multifunction multifunction and find some of the affordability in a way t makes the pencil and works, the units could bill. montgomery county, maryland, has done this recently. zach marks is an interesting person who was worked on this as

an odd thoughts podcast if anyone listens. the other piecece of-19 cost is that makes delaylding to get through the red tape even more essential because the laser more costly. they were always consummate even more costly now. >> e governor murphy. >> i want to clarify something really quickly. >> yes. >> i don't of other states do this but in oregon we chang the constitution to use our public obligation bonding capacity of the state to fund housing which is why the task att but we had that almost a decade. >> i'm not sure i've got a wand, jared took a couple of observation. most important thing i've heard is i wouldld like greg legislate calendar in newe jersey. so that's the most important follow-up that i've got. >> mark twain no means a

life, liberty or wallet is safe while congress is in session. [laughing] >> and phil, we do speeders were all safe and while congress is in session because they are not doing much. [laughing] >> spoken as a former member. >> phil, was going to say we got a little bit better because great has got 90 days every two years. we cut 80 days every two years but were trying to get a change to two days every 80 users. [laughing] >> that is for the ages. i'm going t come back to you and the second. i'm serious, but we've got, we're not dissimilar. we pika one of the most expensive, it's not hai our median house price is about 550,000 but it's up dramatically especially post-pandemic we had aes of in migration from new york city and philadelphia special up north. we have a chronic shortage of affordable housing. we have a very famous now decades

laurel case which is basically redlining against black and brown potential homebuyers that is hadye a huge impact over the past now 40 years plus in new jersey. there's a bill that is being debated and been in the legislature which may well long last solve the riddle's in the . i'm actually get solved this year which would be a pretty historic step in right direction. i won't bore you with all the things we've done. we're building out as aggressively as again and we have a huge, kenya, like you we have a huge shortage. i'm notee saying, i'm not sure where that number lands, the advocates probably push it to make a number but is still a big number the matter where it on the specific question of spencers idea which is why i'm going to come back to doug, i love it. my guess is it's going to work and you give us fooor to build a

public bank in new jersey since the day i got an office in north dakota is h' only state in the t. it struck me spencers approaches little bit of a version of that. you don't go, i know student loans is a big piece of which are public bank does i wonder if there's something in your that we could learn from that but also kind of a of what you've done inva north dakota ai understand. >> happy also to talk about that idea because her legacy fund which is built with energy, so think about like a mini sovereign wealth fund, not as big as alaska's but welation a w years ago we took 20% of it which was 1.6 billion and growing, and thatxs 20%, 10% was designated towards going towards bonds in state, end-state investment, another 10% towards equity.

we've made some modifications but we've got to make tools, the state bank which is over 100 100 years old, the student loan portfolio is about a $10 billion may come about 10% of the portfolio student loans and other goes towards all kinds of basically economic develop activities andds supporting our local community banks. we don't compete with our local community banks. we probably get the most robust local community b in the country because we been able to stop the large national some coming in buying up all the small-town banks than encle branches. we've been able to maintain local family ownership and that's what we got such a healthy well-capitalized local bankin >> jarod, if i may, that's why my one concern with your plan, spencer's whether or not the local community banks are going to see you as crowding out. the second speeders again speeders all the local command banks of the community action they would matching funds. increases again their threshold

to be able to land with the security of the state backing get. >> that's one of the magic wands in the north dakota bank where they sort of put the money essentially through the community banks. so there's harmony. the other comment is a simple one. i would be stunned if you're from the interest rates are not lower. i don't know how much lower but i'll be very surprised that they are not lower, and god willing that's a journey that will continue at that a a chunk ofs eproblem will get either sol or get aei lot better than it is today. >> fellow governors, governor carney. >> i just have, i'm not sure. i heard it to a limited extent but other of the states under maryland has a zoning requirement in montgomery county. obviously if any of the other governors other states have inclusionary zones so kind of high income comtt big houses a requirement that a portion of the development

include affordable units? just what if anybody has something --■j >> in colorado we allow our municipalities and counties to require up to 20% homes are a-uppercase-letter affordable at their discretion. they can to 0%, 10% but up to 20%. governor moore. >> thank you so t much. first i just want to say thank you to so many of you for answering my calls when i called asking about this exact issue because this is been a core priority for so thank you. it is true, i mean in our state you do have a lot of local zoning that includes inclusionary housing. it is that something tfwhat taks place on a statewide level. that's one of the lessons learnt that we had with that, hey look at the sting from a statewide level, it does become complicated. we have what is now we've introduced maybe the most

aggressive and thorough housing package in our legislative session in our state's history that's actually a fun of our legislature right now. because it's looking at how can we do a lot of this movement through incentives and it becaus finicky thing being able to get a lot of these jurisdictions to be able to be bought in. because also the challenges wee are seeingow they can utilize inclusionary housing is going to be different to make baltimore were part of the challenges there's 18,000 vacant homes if you include brown zones. it's around 40,000. the way to look at it is different than even from the eastern shore where it's about how to protect the farmlands i the wetlands but in places where you can buildha that you shoulde able to build. we've hadld to take a targeted d regial there's three things we've focused on.. one is how we talk about increasing the inventory and we spoke about some of those things. and actually utilize a lot of

ideas of apprenticeships and thinks about how to get more people involved in network. the second piece is just a basic protection of renters and that includes legislation and we have onboard death with his giving a a right ofno first refusal for renters of turning more renters into homebuyers, raising the eviction filing fee in maryland. right now the lowest eviction filing fee in the entire country. the third piece is producing value. governor murphy, you just spoke on it, we are proud of the fact maryland is the birthplace of thurgood marshall and the birthplace of babe ruth. salt the birthplace of redlining. it is redlining idea of using dy lines to be able to determine what people can live and what the values of themi homes should be. we have rlly tried to take a very aggressive approach to addressing theav issue of unfair appraisal values into the store uldeaause those up in one of the greatest drivers of wealth gap that we've

seen in our state's history. so making historic investm to tn appraisers, historic investments in being able to comepr up with their values for people inside of homes and neighborhoods, and making sure wean can address the housing issue and the housing crisis without doing something that focuses on four screens either displacement or gentrification or wealth theft. it's something we been delivered on but i think a key lesson lene the montgomery canyon looks at evs have used in trouble look at it versus how western maryland will look at it is you have to be very deliberate and very are focused to have the kind of progress that were looking for. >> fantastic discussion i want to add one general point in your because, i knew greatest into some untenable going here butins trying to solve with zoning, we should come in america we invented zoning.

zoning came during the industrial revolution when there was a lot of like air things. have a factor sure other people do, keep them separate. then we went even further and said here's the kind of homes i can be retails there, and one dimensional map and you draw out and say all these things have got to be separate. that was great people that built roads and was great for the car companies, and then we built a city that is designed with both cities all over america that automobiles and not designed for people. if you take a look at your cost, anybody that spent a like spencer has been the cost running a city as a linear feet of everything, sewer and water and sidewalk and roads and then would you get more about you and them more firene stations and tn you'ot school districts that individuals decide to build greenfield elementary schools out on the edge and that's great for the developers. you drive all the linear cost is a cost ofin that andin the costd we pay for the sewer and water?

sometimes we were doing that were making developers rich and not helping the people that the workforce that were trying to solve that's one of the things that is changing in some cities aroundnd code base code which if you're building one of these damages to the think you could up to 20% and low income, if you have a neighborhood that's all houses, if you want have a coffee shop that looks like house you'd be able to have coffee shop because people say when i leave my start a home to a new home past have three cars, because the mom, the debt and the kids all got a car to be able to drive to school, doctorr church, terrestrial, to the grocery store. you can't walkno anything. then people would go to vacation safe that was most amazing vacation ever had. because we went to someplace where we could walk and everything was right there. you can have that in your own t state. you have to design it. we've got to make sure we're not using the success you having at the state level to subsidize bad

design which then down the road ten, 20, 30 years and i would people say we've got these new forms of transportation because a new things of new designs of electric bikes which become four seasons and do whatever and we spent all of our dollars building roads and we haven't sent, this places in northern europe that us know what people bike all winter long. you can't find a place like that and just because we don't put investment into building infrastructure from for mu. so i think one of the things we have to look at as a country our housing costs are high in part because of the way we design our cities. i thinkca there's again this fo, check out form-based code, there's there's an interesting things that are there and this can you guess talked about beginning the granny flats and other stuff apart of it is with got to get the coffee shop the barbershop and law firms back into residential neighborhoods in ways i can helpck low the cost to create services we don't need a a car for everything. >> very powerful vision,

governor burgum. [applause] yes? >> put it on. >> thank thank you, spencerr pointing out that home ownership needs to be part of this whole formula. in rhode island we p put 25% of our funds towards housing in my second budget that was 250 million. we are approaching $500 million for mental, primarily rental, low and moderate income now. so in a state our site as a pretty sizable number. $100 million will have on the ballot this year loong that wore career path housing so would like to compare notes. i've announce were going to get better know how wreoing to do it yet. i've got about 60 days to actually forget how we will make a presentation but love to kind of get with you on that. i was a former mayor as well, so

we put the in law housingn, years ago. actually my mom lives in an in law apartment in now so we built about 15, 18 years ago. networks in a way i think is really important. i think it was mentioned by the panel up there. and also the issue i would like to ask greg, you said you moved your available apartments from about 1% to 6%. and you how many units that is? last year on homeownership i t 30 million and to create down payments for homeownership. we did about 1600 new homeowners rhode island as a result of that in one year. still waiting list on that. how many units did you need to build against how many you had to move it from 1% to 6%? >> %? >> so that dated think fry that was done by the realtors in the city, in a city of missoula,

which is one. we don't have any big as our former u.s. senator used to say, there's a lot of dirt between the light bulu could got to give your perspective, you could get in your car outside this building and drive to chicago, you're still inn montana. that's how big it is. so missoula is a community of -- yeah, 50,000 people. and if you google missoula apartment vacancy rate, something, the story was about 60 days ago that reported that. that's also the report that showed the rental rates have come down by 20%. that's one community that impact of all the things that we get. >> that's a key. our largest community is up 100,000 people. billings is number one.

missoula is one of our university counts, but -- >> that's a key piece and that number. to move you from that, that's very impressive, and lowered the rental by 20% on that so weill follow up on that number because one of the concern i have is actually overloading the market. we've seen that interstate when we dri so far that people start losing a lot of equity they built up over time. so this got to be a sweet spot in their. >> yeah, and we've s not seen, e seen a leveling off of home values. we've seen rental rates come down. we havee come down yet. >> we are running short on time. what to go to governor kotek an. the question i posed to charlie in the moment will be what have enough so that we should be talking about? what eeuld be in this sweet to think you haven't heard here today? governor kotek. >> thank you. i really enjoyed this conversation. couple things.ti

more philosophical i think. the balance between mandates and incentives. our incsionar zoning what happened in oregon was prior to me come into the legislature, this was many years ago, we actually outlawed inclusionary zoning. so when we tried to put it back as an option for communities, we got so much pushback we had to write in law all the criteria you would use and it made it very rigid. it was voluntary but too rigid. we'll have to be careful one ofe the reasons when he came to the middle housing in oregon, people like make a voluntary. i went with the cities over certain size have to do to witho single-family standalones. 25,000 and higher population you have to include the other types of middle housing. the reason was i did want to see some communities saying we're not going to change because

we're going to have significant equity issue right off the bat. people got there, they still of local variation, butverybody should be trying to provide different options. i want to challenge all of us, i love the idea of starter homes. because and people can s take advantage of the number one investment in our country for housing, which is the mortgagec. you own your home, you get a big tax break. we should have smaller homes that qualify for that. duplexes as homeownership opportunities. townhomes. because and plays and we don't have a lot of land we've got to think different about it. hope you're successful. ownership really matters. it reallyy does. what that ocean looks like i think we have to change. g those lines were trying to do accessory dwelling of the next phase would be an automatic way to subdivide and self so-r

somebody is not just a rental, we want affordable units from it but also what a a great startr home if you subdivide. what haven't you heard, to head like us to be? >> i heard a lot of really great ideas and a l lot of great leadership, so thank you. one thing that hasn't come up as much is parking, and easy to miss but parking is expensive especially free parking. minneapolis i mentioned they got a bunch of apartments built, went come down in real terms, even what other cities saw a rinse continue to rise because of that was because they built apartments along bus rapid transit lines and they said a lot of folks be taking the bus. we don't need as many parking space. they still have parking spaces but not the middle number that would've been required to have previously by a parking minimum that did make sense for those buildings. just the thing to consider. the only other thing i will say this governor burgum, so much path dependency what are

built and find it looks like tho seemsth like people are choosina certain option when they're not being provided choices that they would choose if theyd were ther. you have to reconcile that with the fact people don't like change in the abstract, right, but if you build them the committee with a coffee shop does mean they will have a car. of course you have a car but they walk more and feel good about that like it would on the vacation community. people don think about thehe fact a lot of this stuff which is living with because it's always been that wayay and when you make those changes and provide those options it's c actually quite popular. don't mistake the sort of initial brush with reality that governor cox was describing that a lot of you face with how that will play out over the long-term because i think you see over and over again when people make progress on this issue, , they rewarded for it by a better temerity of a people say thank you. >> thank thank you, charlien for joining us. thank you to our arnold

ventures. ventures. we appreciate your support both policy as well as on the nonprofit side lot of this important work.k thank you to our fellow governors. ofs was a wonderful exchange thinks all of us is our number one a perhaps a few of you number to issue but asu big issue for evey single one of us. without i'll turn back to archer, governor cox. >> thanknk you. round of applause. thank you so much. [applause] >> are right, ladies and gentlemen, we're almost done. i have to ask one question on this topic because doug is going to make me do it. my favorite que■nstions asked crowd like this. how many of you going up walked to school, the grocery store, or church? one of. look around the room at all those hands. how many of you walk to one of those places now? okay. a little more than i expected but you see the numbers go down drastically so appreciate that. i think i have to point out,

there was an editorial in the just today that is titled build a baby build your governors take a walk friend wes moore looking verya dapper i must say. it's basically a review of all of our state of the state addresses that mention housing. many of you are mentioned in there if you get a chance to check it out. the last thing i have to say is just this. i hope we recognize how you nuked -- how unique what just happened is in politics in our couny today. i don't think anybody could come being in the right know if you did know whoho we were would've done who was a republican and who was it's pretty we would've thought that was a a democrat for sure theg we talkd about that vision. doug for president, man. [laughing] >> doug, i guess after let's respond. those with the rules of the debate.

>> i believe in economics. >> there you go. i like that. i like that as well.at trust the science, doug. thank l of you for sticking around to let you how proud i am to be associate with you, the greatest leadership in the country and in the wor in this room right now. we admire you. we appreciate your service and your dedication. i know it's hard on your families. we have a beautt scheduled at te house. i hope all you get an opportunity to be there. it's a very special occasion, and we look forward to hosting you there, but for now we stand adjourned. thanks, everyone. [applause] >> c-span is your unfiltered view of government. we defended by these television companies and more including

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