Placement: New Business
Action Requested: Discussion
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Discussion of the City Council's Strategic Plan Goal 4 - Housing Initiative.
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Submitted By: Alessandra "Alex" Tasca, Deputy Director, Neighborhood Services
Strategic Plan Link: The City's Goal of a diverse local economy and employment opportunities.
Executive Summary (General Business): Staff seeks to engage the City Council in a discussion on proven strategies for housing incentive programs that could encourage developers to create additional housing options for working professionals. This initiative builds on continuous research into best practices and policies that could be incorporated into the City's code of ordinances to support economic development and increase attainable housing options. Staff developed a draft policy framework, including a proposed title, mission, vision, and guidelines, as well as a toolbox for review. This discussion will help refine the policy and incentives into a tailored program that aligns with the City's housing goals which staff will bring forward to Council at a future meeting.
Presentation Information: Carmen Capezzuto, Neighborhood Services Director, will present an overview to guide the City Council discussion followed by a Q&A session with staff.
Staff Recommendation: Request that the Council Request that the Council A. Approve the draft title, vision, mission, & policy guidelines for further development, or provide comments and direction for the amendment of the proposal. B. Approve the tools included in Parts 2 & 3 of the toolbox proposal for further development or provide comments and direction for the amendment of the proposal.
Background:
Based on input regarding the development of the Goal 4 Diverse Economy & Employment Opportunities - Housing Initiative, and the following completed activities, staff is proposing a draft policy framework for an Essential Attainable Housing Incentivization Program (EAHIP). The draft framework is the product of ...
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