Submitted By
Tammie Grossman, Development Customer Services Director
Agenda Item Title
Title
Presentation and Discussion Regarding Affordable Housing Proposals and Motion to Direct Staff to Proceed with Selected Applicants and Prepare the Necessary Documents for Board Approval
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Overview
Overview
At the September 25, 2017 Special Meeting the Village Board directed staff to initiate a process to determine the appropriate disposition of the monies held in the affordable housing fund. Staff issued an RFP and received six responses. Staff and the Housing Program Advisory Committee (HPAC) reviewed the proposals and together with staff have made recommendations. Staff is seeking Board direction on which projects to select.
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Anticipated Future Actions/Commitments
Recommendation
Depending on the options selected by the Village Board, staff would return with ordinances specifying the funding allocations with the various agencies for final adoption.
Body
Report
Oak Park has a various adopted goals that include affordable housing. These are:
Village Board Goal: The Village will work to maintain its current affordable housing stock and explore new ways to advance additional affordable housing units adopted February 5, 2018.
Comprehensive Plan Goal: Provide mixed-income housing that is accessible, integrated and responsive to the needs of Oak Park's diverse population adopted on September 14, 2014.
Homes for a Changing Region Goal: This report prepared by the Chicago Metropolitan Agency for Planning, adopted by the Village Board in 2012, states that the Village should increase housing options for workforce and seniors through transit-oriented development that leverages the Village's Metra and CTA stations, reducing the need for residents to drive. The Village needs to continue to promote alternatives to car ownership such as mass transit, bicycling, and car-sharing services. The report also states the following regarding future rental needs: Much...
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