Title
Affordable Housing Funding Policy
Body
Staff Resource(s):
Raquishela Stewart, Housing and Neighborhood Services
Warren Wooten, Housing and Neighborhood Services
Explanation
• On February 3, 2026, the Mayor asked the Committee to consider what enhancements are needed to the Affordable Housing Funding Policy to better integrate affordable housing investments with the goals of the Mobility Plan to mitigate displacement pressures. At its February, March, and June meetings, the Committee reviewed the policy adopted by City Council in September 2024, including its emphasis on anti-displacement, neighborhood affordability, residential stability, economic mobility, and partnership strategies. The Committee also discussed lessons and policy advancements from implementation of the 2024 Housing Bond.
The Committee will review and discuss recommended updates intended to modernize the policy, strengthen alignment with broader City initiatives, respond to changing community and market conditions, and guide future affordable housing investments. Committee feedback will inform preparation of an updated policy for review and consideration by the full City Council.
Action: Information and Discussion.