Jobs/Housing Economic Strategy and Implementation Plan May 2002
This report summarizes the findings and recommendations resulting from a study of the current and continuing jobs/housing imbalance in the City of Lemoore. The California Department of Housing and Community Development (HCD) and the City of Lemoore funded the study through a successful $100K grant application by the City and an additional $10K match from the City documenting the current jobs/housing imbalance at a ratio of 0.8 jobs for each housing unit. This qualified the City as "housing rich" based on a standard of 1.5 jobs per housing unit constituting a balance in jobs and housing.
The application stressed the need for a clear statement of economic goals and objectives for the City and a study of industrial and retail targets of opportunity. The economic strategy was also required to include community and economic assessments. The City selected to allocate $55,000 of the available funds for development of the economic strategy, leaving the balance of $55,000 for implementation of the strategy.
Implementation of the economic strategy is to begin upon adoption of the economic strategy and implementation plan by the Lemoore City Council and approval by HCD. This report discusses the findings of the community and economic assessment, assesses the strengths and weaknesses of the community, and presents the recommended economic strategy and implementation plan for City Council and HCD approval.
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