Action items: Space Study and Boeing's New Midmarket Aircraft
The Economic Development Board recently approved two action items that will implement the Amazing Place strategy. A commercial space study will help the region better understand the competitive environment of this emerging sector. The board also approved an action item to s upport efforts to secure design, production, and final assembly of Boeing's New Midmarket Aircraft (NMA) and strengthen the supplier base in Washington state.
The new housing will be built across the street from Tacoma Community College and near an existing transit center. Eventually the area will be served by Link light rail.

REDI FUND FINANCES AFFORDABLE HOUSING IN TACOMA

Tacoma will be the first city in the region to benefit from new housing financed by the Regional Equitable Development Initiative (REDI) Fund. The Tacoma Housing Authority will develop 300 to 500 affordable and market rate homes in Tacoma's West End, thanks to a $4 million loan from REDI and $2 million from the Washington State Housing Finance Commission. The idea for REDI - to promote new housing near transit - grew out of PSRC's Growing Transit Communities partnership. It's great to see this new tool being put to work!

GETTING READY FOR 2050
 
On Thursday the Executive Board was briefed on work that will extend the regional growth strategy to 2050. Over the next several months, PSRC staff will work with the Growth Management Policy Board on preparing for the VISION 2050 project launch - including releasing new 2050 forecasts of population and job growth and developing a scope of work. Stay tuned! There will be lots of opportunities for involvement by jurisdictions and community members to weigh in and help shape the region's plans for growth.


OPPORTUNITY TO JOIN ECONOMIC DEVELOPMENT BOARD
 
We're seeking applicants to serve on the Economic Development Board as presidential appointments. These appointees are selected by the EDD Board President and will help guide implementation of the regional economic strategy. Appointments are for two-year terms, beginning in February 2018. If interested, please fill out this application form and return to us by January 19.

I welcome your feedback on our work at PSRC. You can reach me at jbrown@psrc.org .


Executive Director
Puget Sound Regional Council
December 8, 2017