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File #: 56845    Version: Name: Accepting the white paper titled “Equitable Development in Madison
Type: Resolution Status: Passed
File created: 7/30/2019 In control: Department of Planning and Community and Economic Development
On agenda: 11/19/2019 Final action: 11/19/2019
Enactment date: Enactment #: RES-19-00788
Title: SUBSTITUTE - Accepting the white paper titled “Equitable Development in Madison: An assessment of factors contributing to displacement and gentrification”.
Sponsors: Satya V. Rhodes-Conway, Grant Foster
Attachments: 1. Equitable_Development_White_Paper_Draft_08-06-19.pdf, 2. Equitable_Development_Staff_Memo11-11-19.pdf, 3. Equitable Development presentation_11-11-19.pdf, 4. 56845 v2.pdf, 5. 56845 v1.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsWatch
11/19/20191   Adopt Substitute  Action details Meeting details Not available
11/19/20192 COMMON COUNCIL Adopt SubstitutePass Action details Meeting details Not available
11/11/20191 PLAN COMMISSION RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICERPass Action details Meeting details Not available
10/24/20191 HOUSING STRATEGY COMMITTEE Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
10/17/20191 EQUAL OPPORTUNITIES COMMISSION Return to Lead with the Following Recommendation(s)Pass Action details Meeting details Not available
10/3/20191 COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
9/26/20191 HOUSING STRATEGY COMMITTEE Re-referPass Action details Meeting details Not available
9/18/20191 ECONOMIC DEVELOPMENT COMMITTEE Return to Lead with the Following Recommendation(s)Pass Action details Meeting details Not available
9/12/20191 EQUAL OPPORTUNITIES COMMISSION TablePass Action details Meeting details Not available
9/12/20191 COMMUNITY DEVELOPMENT AUTHORITY Return to Lead with the Recommendation for ApprovalPass Action details Meeting details Not available
8/21/20191 ECONOMIC DEVELOPMENT COMMITTEE ReferPass Action details Meeting details Not available
8/6/20191 PLAN COMMISSION Refer  Action details Meeting details Not available
8/6/20191 PLAN COMMISSION Refer  Action details Meeting details Not available
8/6/20191 PLAN COMMISSION Refer  Action details Meeting details Not available
8/6/20191 PLAN COMMISSION Refer  Action details Meeting details Not available
8/6/20191 COMMON COUNCIL Referred  Action details Meeting details Not available
7/30/20191 Department of Planning and Community and Economic Development Referred for Introduction  Action details Meeting details Not available
Fiscal Note
No additional City appropriation is required with the acceptance of this whitepaper. Implementing recommendations within the whitepaper will require the inclusion of expenditures in future capital and operating budgets, subject to Common Council approval at that time.
Title
SUBSTITUTE - Accepting the white paper titled “Equitable Development in Madison: An assessment of factors contributing to displacement and gentrification”.
Body
PREAMBLE
The recently adopted Oscar Mayer Strategic Assessment contained a recommendation to evaluate of how housing prices in Madison are impacting displacement and gentrification within the city. After reviewing studies prepared by other communities, Planning Division staff emulated a census tract-based analysis that considered economic vulnerability, demographic change and housing markets to understand which areas are most susceptible to gentrification and displacement. In addition to identifying where this could occur, staff researched best practices that can minimize or mitigate potential negative consequences of future growth in these areas.

WHEREAS, in the City of Madison, as well as nationally, the increasing costs of housing has become a critical issue; and,

WHEREAS, the average cost of housing in Madison increased approximately 25% in the most recent five year period for which data is available; and,

WHEREAS, increasing housing costs have a disproportionate impact on lower-income residents; and

WHEREAS, several central neighborhoods well served by transit have seen some of the highest increases in housing costs, possibly resulting in displacement of low income residents to more affordable, more peripheral areas with less transit access; and

WHEREAS, with anticipated population growth of 70,000 over the next 25 years, market forces are unlikely to change significantly; and,

WHEREAS, analyzing demographic and housing market time series data can help identify areas most at risk for gentrification and displac...

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