Fiscal Note
Fiscal note pending.
Title
Approving housing recommendations that serve to strengthen efforts to expand rental, homeowner and student developments, prepared by the Housing Strategy Committee (Citywide).
Body
Action Item:
WHEREAS, on October 3, 2023 via RES-23-00606 (Legistar #79226) Council directed the Housing Strategy Committee to examine and provide recommendations related to Madison’s affordable housing crisis; and,
WHEREAS, the Housing Strategy Committee created two sub-committees to discuss and research the housing needs of rental and homeownership opportunities, while partnering with Downtown Madison Inc to create a third group to address student housing issues; and,
WHEREAS, the sub-committees presented their recommendations to the Housing Strategy Committee, which developed its final recommendations of strategies and actions items to support housing opportunities; and,
WHEREAS, the student housing group presented only preliminary recommendations to the Committee, subject to further input and possible refinement, which the group intends to bring forth in coming weeks.
NOW, THEREFORE, BE IT RESOLVED that the Madison Common Council approves the report submitted by the Housing Strategy Committee which lays out a series of recommendations designed to further the City’s goals to expand affordable housing choices available to renters, homeowners and students in Madison.