Submitted By
Emily A. Egan, Development Services Director
Reviewed By
Erin E. Baynes, Assistant to the Village Manager
Agenda Item Title
Title
A Resolution Adopting the Strategic Vision for Housing Plan Prepared by the Metropolitan Mayors Caucus
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Overview
Overview
The Metropolitan Mayors Caucus presented the Strategic Vision for Housing Plan ("the Plan") to the Village Board on March 19, 2024. The Plan provides an overview of current conditions and provides a path forward relative to housing reform by identifying initiatives for sustainable housing opportunities in Oak Park.
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Recommendation
Recommendation
Adopt the Resolution.
Background
At the Village Board meeting on February 6, 2023, the Village Board approved a Professional Services Agreement between the Village of Oak Park and the Metropolitan Mayors Caucus ("MMC") to conduct a comprehensive housing study updating the Homes for a Changing Region Report adopted on April 2, 2012, by the Village Board. The MMC has prepared a new Strategic Vision for Housing Plan pursuant to the Professional Services Agreement. The Plan was developed to evaluate the Village's housing policies and provide a vision and framework for the Village to pursue over the next five to ten years and beyond. MMC presented its final report to the Village Board at the Village Board's March 19, 2024, regular meeting. Comments regarding the Plan were captured by staff and addressed in an "Information Only Memorandum" to the Village Manager which is attached.
Fiscal Impact
The Plan was funded per an approved budget amount of $75,000 (over Fiscal Year 2023 & Fiscal Year 2024), Development Services, Planning & Urban Design Division - External Support Account #1001.46202.101.530667.
DEI Impact
The Plan addresses populations who are marginalized by focusing on housing and zoning reform relative to affordability and inclusivity. The Plan is based on extensive research and data gathering by MMC which includes contributions fro...
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