City of Madison - File #: 00673

• File #: 00673
• Version: 2
• Name: Substitute Resolution creating a Community Development Authority Long Range Planning Subcommittee
• Type: Resolution
• Status: Passed
• File created: 2/23/2005
• In control: COMMUNITY DEVELOPMENT AUTHORITY
• On agenda: 4/19/2005
• Final action: 4/19/2005
• Enactment date: 4/25/2005
• Enactment #: RES-05-00398
• Title: SUBSTITUTE - Creating a Community Development Authority Long Range Planning Subcommittee.
• Sponsors: Tim Bruer, David J. Cieslewicz, Andrew F. Heidt

Date	Ver.	Action By	Action	Result
4/20/2005	2	COMMUNITY DEVELOPMENT AUTHORITY
4/19/2005	2	COMMON COUNCIL	Adopt	Pass
4/6/2005	2	HOUSING COMMITTEE (ended 6/2012)	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER
3/10/2005	2	COMMUNITY DEVELOPMENT AUTHORITY
3/7/2005	2	BOARD OF ESTIMATES (ended 4/2017)	Return to Lead with the Recommendation for Approval	Pass
3/3/2005	2	Finance Dept/Approval Group	Approved Fiscal Note By The Comptroller's Office
3/1/2005	2	COMMON COUNCIL	Fiscal Note Required / Approval
3/1/2005	2	COMMON COUNCIL	Refer
3/1/2005	2	COMMON COUNCIL	Refer
2/24/2005	1	Council Office	Referred for Introduction
	1	Council Office	Referred for Introduction

Fiscal Note
No appropriation required.
Title
SUBSTITUTE - Creating a Community Development Authority Long Range Planning Subcommittee.
Body
Preamble: Public housing and the Section 8 program are two major components of the City of Madison's affordable housing programs. Both programs are under major potential financial duress given federal funding cuts. The operating subsidy for public housing is about 89% of operating costs in 2005. In 2006 the operating subsidy is expected to be at about 80% of need. Meanwhile the Section 8 program is facing a proposed cut of $660,000 in 2006. These budgetary facts coupled with lower average rent payments received put Madison's programs on increasingly tenuous financial footing.

Meanwhile an aging public housing stock and an aging population place additional demands on affordable housing.

This situation demands careful planning to respond effectively to these public housing issues.

WHEREAS the economics of public housing appear to be in increasingly difficult straits, and

WHEREAS the future budgetary could lead to potential staff and service reductions, and

WHEREAS public housing is critical to the supply of affordable housing in our community, and

WHEREAS new financing, ownership alternatives and models of development may be necessary to alter the current budgetary dynamics to limit the impact of federal funding on the city's levy, and

WHEREAS the CDA needs to explore future partnership models and developmental opportunities, and

WHEREAS the CDA needs to assess and evaluate CDA-owned housing stock and increase the quantity and quality of services to low-income communities.

NOW, THEREFORE BE IT RESOLVED, that the Mayor and the Community Development Authority begin a long-term planning process that will identify approaches to addressing the economics of public housing and the Section 8 program, examine new models of development and service delivery, and survey potential opportunities for f...