Title
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Inclusionary Housing Ordinance Update
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Introduction
overview
This is an update on the Inclusionary Housing Ordinance update process.
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Recommended Action
There is no action associated with this item. This is a presentation only.
Prior Board Action
The Board has taken the following prior action(s):
• On August 27, 2024 the Village heard a presentation (ID 24-296) and held a discussion on changes to the Inclusionary Housing Ordinance.
Background
The Neighborhood Services Department will provide an update on the timeline and process for updating the Inclusionary Housing Ordinance.
Timing Considerations
There are no specific timing considerations associated with this item.
Financial Impact
There is no budget impact associated with this item.
Operations Impact
There is no operating impact associated with this item. This item is a presentation only. The item aligns with the department’s core service delivery.
DEI Impact
The Inclusionary Housing Ordinance currently provides for funding that supports housing for residents with low and moderate incomes.
Community Input
Community members have requested information about the timeline and process for updating the Inclusionary Housing Ordinance.
Staff Recommendation
There is no staff recommendation associated with this item; this is a presentation only.
Alternatives
There are no alternatives associated with this item.
Anticipated Future Actions
Staff anticipate future updates on the Inclusionary Housing Ordinance as part of the implementation of Shape Oak Park.
Prepared By: Jonathan Burch, Assistant Village Manager/Neighborhood Services Director
Reviewed By: Jack Malec, Assistant to the Village Manager
Approved By: Kevin J. Jackson, Village Manager
Attachment(s):