City of Madison - File #: 39668

• File #: 39668
• Version: 1
• Name: Accepting the report and recommendations of the Housing Strategy Committee - Market Rate Rental Report.
• Type: Resolution
• Status: Passed
• File created: 8/10/2015
• In control: HOUSING STRATEGY COMMITTEE
• On agenda: 10/6/2015
• Final action: 10/6/2015
• Enactment date: 10/9/2015
• Enactment #: RES-15-00796
• Title: Accepting the report and recommendations of the Housing Strategy Committee - Market Rate Rental Report.
• Sponsors: Larry Palm, Zach Wood
• Related files: 36956

Date	Ver.	Action By	Action	Result
10/6/2015	1	COMMON COUNCIL	Adopt	Pass
9/24/2015	1	HOUSING STRATEGY COMMITTEE	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
9/21/2015	1	PLAN COMMISSION	Return to Lead with the Recommendation for Approval	Pass
9/16/2015	1	ECONOMIC DEVELOPMENT COMMITTEE	Return to Lead with the Recommendation for Approval	Pass
9/10/2015	1	COMMUNITY DEVELOPMENT AUTHORITY	Return to Lead with the Recommendation for Approval	Pass
9/3/2015	1	COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE	Return to Lead with the Recommendation for Approval	Pass
9/1/2015	1	HOUSING STRATEGY COMMITTEE	Referred
9/1/2015	1	HOUSING STRATEGY COMMITTEE	Referred
9/1/2015	1	HOUSING STRATEGY COMMITTEE	Referred
9/1/2015	1	HOUSING STRATEGY COMMITTEE	Referred
9/1/2015	1	COMMON COUNCIL	Referred	Pass
8/10/2015	1	HOUSING STRATEGY COMMITTEE	Referred for Introduction

 Fiscal Note

The report includes a number of recommendations to address issues of market rate rental housing.  No appropriation is required at this time, but it is anticipated that City agencies will include requests in future budgets for additional funding and reallocations of existing funds, subject to approval by the Common Council.

Title

Accepting the report and recommendations of the Housing Strategy Committee - Market Rate Rental Report.

Body

WHEREAS, Substitute Ordinance, File #25837 charges the Housing Strategy Committee to prepare and submit a biennial housing report to the Mayor and the Common Council which will include the following:

1.  Current data on Madison and regional housing supply and trends;

2.  Strategies for maintaining a broad range of housing choices for all households and income levels; and,

3.  Strategies for maintaining and increasing affordable owner-occupied and rental housing in Madison and the region; and,

WHEREAS, the Housing Strategy Committee was also charged with reviewing the biennial housing report prepared by staff and would forward the report with the Committee's recommendations to the Mayor and Common Council for their action; and,

WHEREAS, given the size and scope of the biennial housing report the Housing Strategy Committee created "Market Rate Rental Report" for committee and Common Council review; and,

WHEREAS, to address these challenges, the Housing Strategy Committee recommends a multipronged strategy focused on the ideas of:

• Open communication and information sharing between rental housing providers and municipal government.

• Create a Development Zone Initiative to proactively encourage rental housing development in locations throughout the City.

NOW, THEREFORE BE IT RESOLVED, that the Common Council accepts the report and recommendations of the Housing Strategy Committee Market Rate Rental Report.