Explanation
BACKGROUND: This legislation authorizes the Director of Development to enter into a contract in the amount of $125,000 with the Mid-Ohio Regional Planning Commission (MORPC) for the purpose of coordinating a regional housing strategy. The past decade has been one of historic growth for Central Ohio, and that growth is expected to continue for the foreseeable future, with MORPC projecting the region to be home to 3 million residents by 2050. Not only is the region growing; it is changing. Increases in both the young adult (Millennial) and 65 and older (Baby Boomer) populations are shifting housing preferences. Furthermore, the highly competitive real estate market and a persistently high poverty rate have led to more vulnerable groups struggling to find safe and decent housing in neighborhoods of choice.
As a result, MORPC, the City of Columbus, and other partners (Project Partners) are coordinating a housing strategy for the region that develops investment and policy recommendations for communities to support mixed income neighborhoods and regional growth. The goal of the Project Partners is to foster a housing market where every household with a full-time wage earner can obtain housing in the private market, and to effectively supplement the market where we cannot achieve that goal.
Emergency Justification: Emergency action is necessary in order to enter into contract with MORPC and facilitate the resulting regional strategy without delay.
Contractor Compliance: CC004591
Contractor Compliance Dates: 11/15/2018 to 11/15/2020
FISCAL IMPACT: The funding for this contract ($125,000) is fully budgeted within the 2019 General Fund operating budget.
Title
To authorize the Director of the Department of Development to enter into contract with the Mid-Ohio Regional Planning Commission for the purpose of creating a regional housing strategy that develops investment and policy recommendations for communities to support mixed income neighborhoods and ...
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