PLUSH Letter to Planning Commission: Making HOMA Work for Housing and Jobs
The Bellevue Chamber’s PLUSH Committee submitted the following letter to the Bellevue Planning Commission regarding the City’s Housing Opportunities in Mixed-use Areas (HOMA) code update. The PLUSH Committee supports HOMA’s goal of increasing housing capacity in mixed-use areas, and we are recommending three key elements to ensure the policy is workable and delivers results in the near term: a modest 3% floor plate bonus to support downtown job and tax base growth, an MFTE supercharger if mandatory affordability is adopted, and a grocery store bonus covenant term aligned with market realities.