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File #: 15-21471    Version: 3 Name:
Type: Business Item Status: Agenda Ready
File created: 10/23/2023 In control: City Council Business Meeting
On agenda: 11/13/2023 Final action:
Title: Anti Displacement Programming
Attachments: 1. Action Review Presentation - NEST Recommendations (10.23.2023)
Anti Displacement Programming

A. Approve the use of $5,954,152 from the Coronavirus State and Local Fiscal Recovery Fund to implement anti-displacement programming as recommended by the Neighborhood Equity and Stabilization Commission, and

B. Authorize the City Manager, or his designee, to execute, amend, and renew contracts as needed to complete these transactions.

Committee Chair:
Victoria Watlington, Housing, Safety, & Community Committee

Staff Resource(s):
Rebecca Hefner, Housing & Neighborhood Services

* The Neighborhood Equity and Stabilization Commission (NEST Commission) has been meeting since February 2022 to fulfill their charge to review and recommend specific anti-displacement strategies and tools for protecting residents of moderate to high vulnerability of displacement.
* At the October 23, 2023 Action Review meeting, the NEST Commission provided an overview of their initial programmatic and investment recommendations. The recommendations include:
* Create homeownership opportunities for low-to-moderate income residents through expansion of the Acquisition, Rehab and Resale Program and the House Charlotte Plus Program.
* Establish an Accessory Dwelling Unit (ADU) program to provide affordable rental units and create income streams for low-income homeowners.
* Provide housing rehabilitation services and tenant supports to small landlords to create safe, affordable deed-restricted rental units in rapidly changing neighborhoods.
* Increase access to services that promote resident stability and economic mobility through resource and referral services and community partnerships.
* Reduce barriers to programs and information through targeted outreach and communications.
* Establish a pilot program to increase capacity for innovative shared ownership models.
* This action allocates $5,954,152 of funding from the Coronavirus State and Local Fiscal Recovery Fund (SLFRF) provided by the American Rescue Plan Act ...

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