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File #: 210688    Version: Name:
Type: Resolution Status: Referred
File created: 8/12/2021 In control: Neighborhood Planning and Development Committee
On agenda: 8/26/2021 Final action:
Title: Directing the City Manager to issue a Request for Proposals for a nexus study to evaluate the implementation of linkage fees on development within the City for the purposes of funding workforce and affordable housing and to evaluate and develop a development linkage fee program within the City.
Sponsors: Andrea Bough, Eric Bunch, Melissa Robinson
Attachments: 1. No Fact Sheet - Resolution, 2. Authenticated Ordinance 210688 sub, 3. Nexus Study Support Letter 8-25-21, 4. Resolution 210688_LISC Letter of Support, 5. Support for Resolution 210688 - Nexus Study, 6. Support of Resultion 210688, 7. LOS Ordinance 210688
COMMITTEE SUBSTITUTE FOR RESOLUTION NO. 210688

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Directing the City Manager to issue a Request for Proposals for a nexus study to evaluate the implementation of linkage fees on development within the City for the purposes of funding workforce and affordable housing and to evaluate and develop a development linkage fee program within the City.

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WHEREAS, the City Council established a Housing Trust Fund through passage of Committee Substitute for Ordinance No. 180719 on December 20, 2018, to help implement neighborhood revitalization, housing development, and preservation projects; and

WHEREAS, on June 20, 2019, by Committee Substitute for Resolution No. 190022, the City Council adopted the Five Year Housing Policy, which, among other things, set forth five Bold Ideas to include the creation/preservation of 5,000 additional single family and multifamily housing units by December 2023 and the creation of a $75 million catalytic housing development (trust) fund to create and preserve units; and

WHEREAS, on January 28, 2021, the City Council adopted Committee Substitute for Ordinance No. 201038, As Amended, requiring that projects which are primarily residential in nature and are seeking economic incentives in the nature of the capture and redirection, abatement or exemption of taxes or other City financing contain a minimum number of affordable housing units; and

WHEREAS, the City Council has an interest in incentivizing development of affordable and workforce housing projects; and

WHEREAS, the City Council recognizes the importance of continued development within the City; and

WHEREAS, the City Council adopted the City's stimulus spending plan "RecoverKC" on May 27, 2021, pursuant to Committee Substitute for Ordinance No. 210392, in which the City Council allocated $12,500,000.00 to the Housing Trust Fund; and

WHEREAS, persons of low and moderate income a...

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