Number
211079
Version
ORIGINAL
Reference
171755, 190401
Sponsor
ALD. COGGS, PEREZ, AND STAMPER
Title
Resolution authorizing the continued implementation of the Anti-Displacement Neighborhood Preference Policy.
Analysis
This resolution authorizes the continued implementation of the Anti-Displacement Neighborhood Preference Policy to be applied to eligible affordable and mixed-income housing developments receiving financial assistance from the City of Milwaukee.
Body
Whereas, The Department of City Development (“DCD”) developed an Anti-Displacement Plan for Neighborhoods Surrounding Downtown Milwaukee and presented that Plan to the Common Council of the City of Milwaukee (“Common Council”) during March of 2018; and
Whereas, The Plan made a series of recommendations that should be pursued in neighborhoods identified as being at risk of displacement, with the goals of preserving choice for existing neighborhood residents and prioritizing equity for historically disadvantaged groups; and
Whereas, One major recommendation of the Plan was that the City of Milwaukee (“City”) should prioritize the use of city financial resources to create new affordable and mixed-income housing in neighborhoods at risk of displacement; and
Whereas, The Plan recommended developing a companion Anti-Displacement Neighborhood Preference Policy (“the Preference Policy”) that would provide a limited preference for existing low-income neighborhood residents to assist them in accessing newly created affordable housing units in developments receiving city assistance in their neighborhoods; and
Whereas, Common Council File No. 190401, adopted on July 30, 2019 created the Anti-Displacement Neighborhood Preference Policy and authorized its utilization in conjunction with affordable and mixed-income housing developments receiving financial assistance from the City; and
Whereas, The Preference Policy designates 20 percent of the affordable housing units receiving city assistance within ...
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