Title
Housing Phoenix Plan City-Owned Land Reservation
Description
This report identifies an updated list of City-owned land in accordance with the third initiative of the City's Housing Phoenix Plan, to redevelop City-owned land with mixed-income housing, and requests City Council approval to set aside the identified parcels for the development of affordable or mixed-income housing. There is no impact to the General Fund.
Report
Summary
On June 16, 2020, the Phoenix City Council approved nine policy initiatives listed in the Housing Phoenix Plan with a goal of creating or preserving 50,000 homes by 2030. As part of the third initiative to redevelop City-owned land with mixed-income housing, the Housing Department identified City-owned parcels that would be ideal for affordable or mixed-income housing development. An initial set aside parcel list and phasing plan were approved by the Phoenix City Council on Dec. 2, 2020.
In evaluating the prioritization of parcels for an initial release of Requests for Proposal (RFP), the Housing Department identified a series of additional City-owned parcels suitable for residential development and several parcels appropriate for alternative uses, consistent with other City priorities. The proposed changes are outlined in Attachment A. In order to provide flexibility to align future RFP timing with ongoing city efforts, the Housing Department is proposing to remove the phasing plan associated with the original land reservation. City Council approval will be obtained prior to contract award.
Staff will continue to explore other City-owned land that would be ideal for affordable and/or mixed-income housing development and the co-location of uses.
Financial Impact
This item will not require the expenditure of funds and will not have a financial impact to the General Fund.
Concurrence/Previous Council Action
The Housing Phoenix Plan City-Owned Land Reservation list was originally approved by City Council at the Dec. 2, 2020 Formal meeting.
Location
Council Districts: 3, 4, 5, 7 and 8
Department
Responsible Department
This item is submitted by Deputy City Manager Gina Montes and the Housing Department.