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File #: 18-0361    Version: 1 Name: 3/19/18 - Resolution in Support of Hickory Way LIHTC Application
Type: Resolution Status: Passed
File created: 3/19/2018 In control: City Council
On agenda: 3/19/2018 Final action: 3/19/2018
Enactment date: 3/19/2018 Enactment #: R-18-097
Title: Resolution to Support the Low Income Housing Tax Credit application for Hickory Way Apartments
Related files: 17-0355, 17-1328
Title
Resolution to Support the Low Income Housing Tax Credit application for Hickory Way Apartments
Memorandum
The Ann Arbor City Council strongly supports the Low Income Housing Tax Credit application of Hickory Way apartments (South Maple Rd.). City Council is adopting the following resolution of support as evidence to the Michigan State Housing Development Authority of the importance of this affordable housing project to the City of Ann Arbor.
The City of Ann Arbor, in concert with other community stakeholders, developed the Sustainability Framework/Master Plan to encourage long-term sustainability and growth. It is being used as a tool by the City and its various stakeholder organizations to direct resources and efforts toward common goals in order to maintain a high quality of life within the community.

While the overall Framework outlines a shared community vision, resulting in significant public and private resources and actions and working in concert to leverage all opportunities, the Community goals outlined in the Sustainability Plan are the most relevant to the resources and investments being made to further affordable housing, including the Hickory Way project.

The Plan prioritizes the need for diverse housing. It specifically directs the need to "provide high quality, safe, efficient, and affordable housing choices to meet the current and future needs of our community, particularly for homeless and low-income households." As well documented in Washtenaw County's Housing Affordability and Economic Equity - Analysis, the need for affordable housing units in the City of Ann Arbor is urgent.

The City of Ann Arbor is concerned about ensuring that our low-income residents live in neighborhoods with access to transportation, jobs, good schools, recreational opportunities and services. This development is on a bus-line and is close to numerous employment opportunities. Ann Arbor public schools are one of the highest ranked in the state. Many of the ...

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