Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Accept the Root Policy Housing Needs Assessment as Part of the City of McKinney’s Global Housing Strategy
Summary
COUNCIL GOAL: Goal #1: Direction for Strategic and Economic Growth
1C. Provide a Strong Economy by creating a Global Housing Strategy and facilitating a balance between industrial, commercial, residential and open space.
MEETING DATE: September 15, 2020
DEPARTMENT: Housing and Community Development Department
CONTACT: Janay Tieken, Housing & Community Development Manager
Shirletta Best, Community Services Administrator
RECOMMENDED CITY COUNCIL ACTION:
• Approve the Resolution
ITEM SUMMARY:
• A City Council goal is to facilitate conditions needed for economic growth and resilience through the creation of a Global Housing Strategy
• An understanding of current housing inventory, as well as project housing inventory needed to meet the needs of residents, is important to achieving this goal.
• The Housing Needs Assessment will provide the information necessary for future City Council housing policy decisions.
BACKGROUND INFORMATION:
• On July 21, 2020, Root Policy presented a draft of the Housing Needs Assessment to City Council.
• The Housing Needs Assessment was finalized based on City Council direction.
FINANCIAL SUMMARY:
• The cost of the study was $55,000 and was budgeted in the FY20 Housing and Community Development Fund.
BOARD OR COMMISSION RECOMMENDATION:
• N/A