additional detail through further study with staff and Board. He appreciates
the report reflects the complex and interrelated nature of so many policy
areas. When we're requiring mandatory minimum parking onsite, it reduces
the number of units we're going to develop, which plays into the need to
examine the overnight parking ban. He said he hopes staff looks at how
density bonuses are going to play into the missing middle zoning issues.
Regarding the recommendation to revise the IZO, he said he hopes that as
we analyze this, we are thoughtful about where we want to set that minimum
for where the inclusionary housing ordinance applies. He said he would
support the IHO covering all of Oak Park as a necessary starting point.
He asked how the AMI for Oak Park is determined. Associate Schnelle
said the AMI is for the Chicago region. The area median income in 2022
was roughly $85K. Trustee Straw noted that the median unit we're selling
now is $230K than would be affordable under that calculation and that is
why this missing middle strategy makes so much sense and he is
interested in aggressively moving forward on that.
It was moved by Trustee Straw, seconded by Trustee Wesley, to extend the
meeting past 10:00 P.M. A voice vote was taken and the motion was approved.
Trustee Wesley said he would like to see a recommendation to build more
units and sets a target for the number of units over a 1-year, 5-year, and
10-year period. Building more units correlates positively with more
affordable housing in our village. He referenced the Illinois Housing
Development Association's ratings of municipalities on the percentage of
affordable housing. He noted that prior to 1939, Oak Park had 14,566
housing units. Today Oak Park has 24,708 housing units.
He said he supports all of the recommendations. He said he would like to
see the option that missing middle is a by right feature of the zoning code
and not something that has to go through an approval process or deployed
in very specific areas of the village. He'd like to view the village in its
entirety and not in specific districts. He said he thinks we need to set the
baseline of why this happened in order to reverse it. He said he is
supportive of an IHO and does not want to see one that prevents us from
adding more units. He read a statement from 46th Ward Alderman James
Cappleman and said studies showed that building more units increased
affordable housing.
He said prices are higher here because Oak Park is so desirable. We
won't ever be able to catch up with the naturally occurring affordable
housing that we built 100 years ago. People wanting to move here will rent
naturally occurring affordable housing which will drive out people with lower
incomes from our community which makes it a less diverse place which
decreases the equity. He suggested we take the things that we know work
and do those things here.
Trustee Straw noted that Oak Park is less dense than we were 50 and 80