Submitted by: At the Request of the City Administrator
Submitting Department: Community & Economic Development
Agenda Section: Presentation
Item Title:
title
Affordable Housing Action Plan: Phase II
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Suggested Action:
recommendation
Presentation Only
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Summary Background:
The workshops for the development of the City’s Affordable Housing Action Plan were completed in three parts, which are explained in more detail below. In the third and final stage of this evaluation, 24 proposed housing tools were categorized by their anticipated impact and level of effort to implement locally. Through this evaluation, five (5) housing tools were identified as high effort, high impact tools. These tools will be prioritized into a short list (2-3 priority tools) by Hyattsville City Council at their meeting on December 21, 2020. This evaluation builds on the analysis completed and input collected for the Housing Action Agenda since its start in January 2020 from City staff, local housing partners, and community members; and the initial strategic priorities discussed by City Council at its November 2020 meeting.
Next Steps:
The project team intends to produce the draft Affordable Housing Action Plan in January 2021 for adoption by the City Council.
Fiscal Impact:
Costs related to actionable policy will be presented as part of the strategy document.
City Administrator Comments:
For presentation followed by discussion.
Community Engagement:
Presentation materials will be posted on the City’s website.
Strategic Goals:
Goal 2 - Ensure the Long-Term Economic Viability of the City
Legal Review Required?
N/A