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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
Attachments: 1. 2015 Housing Report - Market Rate Rental FINAL 9-29-15.pdf, 2. 2015 Housing Report - Market Rate Rental DRAFT 8-11-15.pdf
Related files: 36956
Date Ver.Action ByActionResultAction DetailsMeeting DetailsWatch
10/6/20151 COMMON COUNCIL AdoptPass Action details Meeting details Not available
9/24/20151 HOUSING STRATEGY COMMITTEE RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICERPass Action details Meeting details Not available
9/21/20151 PLAN COMMISSION Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
9/16/20151 ECONOMIC DEVELOPMENT COMMITTEE Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
9/10/20151 COMMUNITY DEVELOPMENT AUTHORITY Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
9/3/20151 COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
9/1/20151 HOUSING STRATEGY COMMITTEE Referred  Action details Meeting details Not available
9/1/20151 HOUSING STRATEGY COMMITTEE Referred  Action details Meeting details Not available
9/1/20151 HOUSING STRATEGY COMMITTEE Referred  Action details Meeting details Not available
9/1/20151 HOUSING STRATEGY COMMITTEE Referred  Action details Meeting details Not available
9/1/20151 COMMON COUNCIL ReferredPass Action details Meeting details Not available
8/10/20151 HOUSING STRATEGY COMMITTEE Referred for Introduction  Action details Meeting details Not available

 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.