Res 2018-034/approving the city council's strategic initiatives for fiscal year 2019

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City of San Marcos KEY PRIORITIES: a Develop dedicated housing and revenue sources that meet goals. The Strategic Initiatives identified by the Council during the Visioning Advance in January 2018 Strategies: lend themselves to being organized around the I. Build permanently affordable homes following key priorities: targeted to flood victims on city-owned • Workforce Housing; lots with CDBG-DR funds. • Public Transit; II. Apply for HOME funds. • Public Stormwater; III. Utilize CDBG funds to preserve and maintain for households earning less • Community Partners; and than 80% AMI through the Housing • City Facilities. Rehabilitation Program. IV. Lend CDBG first-time homebuyer funds Strategic Initiatives to households earning less than 80% AMI to purchase housing. Key Priority: Workforce Housing v. Enter into cooperative agreements with other taxing entities to identify tax- A. Update, consolidate and communicate forfeiture properties and make them housingpolicies and actionplans. available for workforcefrccou on permanently affordable housing. VI. Establish a land bank and community Strategies: land trust with the purpose of supporting I. Conduct a housing study that analyzes permanently affordable workforce housing supply, housing demand, and housing. housing choice. II. Update the Affordable Housing Policy to C. Implement land use and zoning reflect the work on Code SMTX and new regulations that support diverse, strategic initiatives mixed income communities in all III. Define workforce housing and create a areas of the City. shared understanding around the priority. IV. Maintain a robust website and participate Strategies: as a community partner in advancing the I. Encourage mixed income communities City's housing goals. V. Develop internal city capacity and within new development. support capacity building efforts in II. Monitor the bonus density program for community partners to advance the effectiveness and re-assess during the City's housing goals. annual code update. VI. Work with local employers such as III. Monitor the number of new missing Texas State University, San Marcos ISD, middle housing types built under Code Hays County, Central Texas Medical SMTX and re-assess during the annual Center, the banking community, the Code update. Greater San Marcos Partnership and IV. Draft an ordinance targeting geographic area non-profits to identify and locations and non-profit home builders implement housing solutions. for appropriate zoning when permanently affordable for sale housing is constructed. r FY 2019 Strategic Initiatives