Title
An Ordinance to Amend Section 1:156 of Chapter 7 (Downtown Development Authority) of Title I of the Code of the City of Ann Arbor (Ordinance No. ORD-20-13)
Memorandum
The purpose of the proposed code amendment to Section 1:156 is to align the unit income target goals of the DDA Housing Fund with the City of Ann Arbor's Affordable Housing goals as 60% of Area Median Income (AMI) and to clarify that the DDA Housing Fund can be used for plans, studies and processes that support the development of affordable in the downtown that includes 60% AMI households within a range of incomes.
On April 1, 2019, Ann Arbor City Council adopted Resolution R-19-138 directing the City Administrator to collaborate with the Ann Arbor Housing Commission (AAHC) to provide coordinated analysis on the feasibility of city-owned properties as potential locations for affordable housing. R-19-138 incorporated previous resolutions R-19-110, R-19-111, and R-19-116.
The Ann Arbor Housing Commission led the analysis along with support from a staff team and several contractors to determine the feasibility for 11 sites including review of land use and zoning, environmental conditions, financial resources, site-specific costs, and overall risk among other factors. The analysis, three potential portfolio scenarios, and next step recommendations were presented to City Council at the Nov.18, 2019 City Council meeting.
City Council approved the following resolutions at the November 18, 2019 meeting to give direction to staff on the next steps for each of these sites:
R-19-514 to develop 121 E Catherine
R-19-515 to develop 404 N Ashley
R-19-516 to develop 2000 S. Industrial
R-19-517 to conduct community engagement for the parking lots on Ashley/William and First/William
R-19-518 to conduct community engagement for 721 N Main
R-19-519 to conduct community engagement for 3432-3440 Platt and 3435-3443 Springbrook
R-19-520 to hire an architect to conduct further study of 1510 E. Stadium
R-...
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