Submitted By
Tammie Grossman, Director Development Customer Services
Reviewed By
LKS
Agenda Item Title
Title
An Ordinance Amending Chapter 12 ("Housing"), Article 5 ("Inclusionary Housing")
End
Overview
Overview
On March 11, 2019, the Village Board adopted an Ordinace with numerous amendments made at the table. In an abundance of caution, staff is placing the item on the agenda for review of the language prepared by staff, especially as the Ordinance relates to the addition of Madison Street as well as the level of Zoning Relief requested which triggers the Ordinance.
Body
Staff Recommendation
Staff is seeking Board review of the language adopted and confirmation that staff has incorporated the direction of the Board at the meeting of March 11, 2019.
Fiscal Impact
As part of the 2020 Budget process, staff will present alternatives for monitoring and securing compliance with the Ordinance either by using existing staff or contracting with an outside non-for-profit.
Background
After study sessions on February 11, 2019 and February 25, 2019, the Village Board directed staff to prepare an Inclusionary Housing Ordinance requiring developments of 25 units or more of rental housing or attached single family dwelling units (townhomes) to include 10% affordable units or pay a fee in-lieu of $100,000 per unit. As part of the March 11, 2019, study session, the Board requested removal of non-applicable definitions, the inclusion of Madison Street contiguous properties that are west of Lombard, the inclusion of rents that are 60 percent of Area Median Income (AMI) and applicable of affordable for 30 years.
On September 4, 2018, the Village Board requested that staff research and submit information on the status of affordable housing units currently within the Village and develop recommendations, for an inclusionary housing ordinance, to be reviewed and considered based on the City of Evanston's model. On February 11, 2019, staff presented recommendati...
Click here for full text