Title
Resolution to Order Election and to Determine Ballot Question for Charter Amendment for the 2021 Affordable Housing Millage (7 Votes Required)
Body
Whereas, City Council has adopted the strategic goal of being a warm, welcoming, and safe community and providing affordable housing options is essential to that goal;
Whereas, Ann Arbor's efforts to develop, maintain, support, or acquire sufficient affordable housing have not created an adequate supply of affordable housing;
Whereas, The market's efforts to develop, maintain, support, or acquire sufficient affordable housing have failed to create an adequate supply of affordable housing;
Whereas, The City of Ann Arbor adopted the Housing Affordability and Economic Equity Analysis in 2015 that establishes a goal of supporting 140 new affordable units each year;
Whereas, The City's current annual investment of $880,000+ in the Affordable Housing Fund does not meet the financial need to develop and/or acquire a meaningful number of affordable units or to provide necessary supportive services; and
Whereas, The City Council wants to adopt policy guidelines for the use of the funds if the Affordable Housing Millage is approved by the voters at the November 3, 2020 election and wants to inform the voters of those policy guidelines;
RESOLVED, It is the City's intention that it will continue to contribute General Fund and County Public Safety and Mental Health millage money to the affordable housing fund regardless of any additional millage money;
RESOLVED, That the following amendment to the City Charter be placed on the ballot and submitted to the voters at the next general city election:
SECTION 8.25. In addition to any other amount which the City is authorized to raise by general tax upon real and personal property by this Charter or any other provision of law, the City shall, in 2021 through 2041, annually levy a tax of up to one mill on all taxable real and personal property situated within the Cit...
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