Title
Guidelines for the Evaluation and Disposition of City-Owned Land for Affordable Housing
Action
Action:
Approve the Housing and Neighborhood Development Committee's recommendation of the Guidelines for Evaluation and Disposition of City-Owned Land for Affordable Housing.
Body
Committee Chair:
LaWana Mayfield, Housing and Neighborhood Development
Staff Resource(s):
Pamela Wideman, Housing and Neighborhood Services
Explanation
* The Housing Framework indicates that the use of publicly-owned land is a best practice used throughout the country to increase the supply of affordable housing. The City intends to prioritize the use of available City-owned land for development of affordable housing.
* To the extent possible, City-owned land will be used for affordable housing to:
- Create mixed-income and inclusive neighborhoods,
- Leverage, reduce, or eliminate Housing Trust Fund and other public funding requests, or
- Increase the City's long-term deed-restricted affordable housing supply.
* The Guidelines for Evaluation and Disposition of City-Owned Land for Affordable Housing (Guidelines) are intended to:
- Establish criteria, clarity, and reflect desired outcomes relative to the donation, sale, or long-term lease of City-owned land with the overall goal of expanding the supply of affordable and workforce housing,
- Provide an orderly and uniform approach for the disposal of surplus property assets for the expansion of affordable housing,
- Provide for fixed asset control documentation to account for any reuse or disposal of City-owned property, and
- Prohibit disposition of City-owned property in a manner to avoid actual or perceived conflicts of interest.
* The Guidelines also require a periodic review of all City-owned land to evaluate opportunities for affordable housing. A review every five years will be done to determine fully utilized land and every year for land that is either underutilized, has an interim use, or is considered surplus.
Committee D...
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