On April 10 and May 29, 2018  staff presented information on a potential housing measure to be included in the 2018 general election ballot. Presentations have included survey results from the community, governance and structure specifically related to  an advisory committee, and how the funds could be spent.  Direction from Council is needed on whether a bond question related to housing should be placed on the November ballot. Should Council wish to proceed, further feedback is needed regarding the amount and specific ballot language.

Staff will bring the proposed ballot to the June 19, 2018 meeting. The questions must be called no later than the July 3, 2018 Council meeting.

AFFORDABLE HOUSING

Council Goal:
Support development and increase the inventory of public and private affordable housing for renters and home owners throughout the community.

Council Objective:
Adopt a primary property tax rate increased to the maximum allowed with additional funds dedicated to setting up robust City-managed rental housing units.

While the above reflects the applicable 2017-2019 Council Objective, the Council’s discussion on the matter is far more comprehensive and reflects a program intended to tackle the issue of more affordable housing in Flagstaff in a number of ways.

FY 18/19 Budget Priority:
Create an affordable housing ballot measure for the November, 2018 general election that includes a comprehensive revolving fund consideration.