As Mayor, I will work with city staff, common council, and Low Income Housing Tax Credit (LIHTC) developers to develop a focus strategy for affordable housing.
Tax Incremental Financing (TIF) can be used to address affordable housing while creating social-diversity projects, reduce gentrification, and provide opportunities for families to live in a higher-quality property. The City is in the process of reviewing its policies that impact the cost of housings, such as off-street parking requirements, with the understanding that the more land required for developing, the higher the cost.
We must ensure the partnerships with our nonprofits that work in housing are strong. As Mayor, I will build a collaborative partnership with these nonprofits to address issues like housing and affordability. We must recognize that housing is a journey from rental to ownership to senior living. We must ensure that we offer the proper housing for all individuals so that people can move into the home they desire.
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