City of Columbus - File #: 2184-2018

• File #: 2184-2018
• Version: 2
• Type: Ordinance
• Status: Passed
• File created: 7/18/2018
• In control: Rules & Reference Committee
• On agenda: 7/30/2018
• Final action: 8/3/2018
• Title: To amend Title 45, Housing Code, of the Columbus City Codes, by enacting new Chapter 4565, entitled “Affordable Housing and Community Reinvestment Area Incentive Policy”.
• Sponsors: Jaiza Page, Elizabeth Brown

Date	Ver.	Action By	Action	Result
8/3/2018	2	ACTING CITY CLERK	Attest
8/2/2018	2	MAYOR	Signed
7/30/2018	2	COUNCIL PRESIDENT	Signed
7/30/2018	1	Columbus City Council	Amended as submitted to the Clerk	Pass
7/30/2018	1	Columbus City Council	Approved as Amended	Pass
7/23/2018	1	Columbus City Council	Read for the First Time

Explanation

BACKGROUND:

In 2016 and 2017, the City commissioned and received a study from HR&A on the effectiveness of its economic development incentives, including real property tax abatements in community reinvestment areas.  The study concluded that the City’s economic development incentive programs could be improved to better target economic development incentives to areas where the market was not yet encouraging investment.  The City has developed an incentive policy to encourage development of affordable housing through targeted economic development incentives, including real property tax abatements, throughout the City.  This ordinance will amend Title 45, Housing Code, of the Columbus City Codes.

Title

To amend Title 45, Housing Code, of the Columbus City Codes, by enacting new Chapter 4565, entitled “Affordable Housing and Community Reinvestment Area Incentive Policy”.

Body

See attached