By proactively targeting landlords who neglect their properties to turn a profit, a revamped Third Party Transfer program that prioritizes community ownership could help break the cycles of disinvestment, speculation, and displacement, supporters of the legislation say.
City Limits rounds up the latest housing and land use-related events, public hearings and affordable housing lotteries that are ending soon.
“When our family did finally find stable housing, it was transformative. Our apartment finally became a home—a foundation for our lives to flourish.”
The City Council approved a modified version of the mayor’s sweeping zoning reform plan, City of Yes for Housing Opportunity, with a vote of 31-to-20. Here’s how each lawmaker landed.
“While I supported the majority of the zoning reforms originally proposed, the modifications maintain its key components while accommodating specific neighborhood concerns and, most importantly, the essential principle that housing should be built in every district.”
The Council voted to adopt a modified version of the City of Yes plan—one which scales back some of the zoning reforms included in the original, adds affordability incentives, and allocates $5 billion for infrastructure upgrades and housing programs.
“While revised zoning enables new structures, what other structures can we put in place to ensure that rising developments aren’t accompanied by still-rising rents?”
City Limits rounds up the latest housing and land use-related events, public hearings and affordable housing lotteries that are ending soon.
“Its free market approach is an inefficient way to alleviate the affordability crisis. Really doing so would require that the government subsidize or invest more in permanently affordable housing.”
City Limits rounds up the latest housing and land use-related events, public hearings and affordable housing lotteries that are ending soon.
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