HomeMy WebLinkAboutResolution 3416-10-2006A Resolution
ND 3416-10-2006
CREATING A FORT WORTH MAYOR'S ADVISORY TASK FORCE
ON QUALITY AFFORDABLE HOUSING
AND OUTLINING DUTIES OF THE TASK FORCE
WHEREAS, the availability ofhigh-quality safe, decent and affordable housing is essential to
good quality of life for all residents in Fort Worth; and
WHEREAS, the issue of how to provide sufficient quality affordable housing for Fort Worth's
residents is a serious concern and a priority for the City of Fort Worth's City Council ("City Council")
and
WHEREAS, Fort Worth has recently been the beneficiary of explosive growth in the housing
sector, with an increase of 16% in the number of housing units over the past S years, however, many of
the new units being developed are not affordable to families of modest means; and
WHEREAS, housing affordability is generally defined as a payment of 30% of income or less
for housing costs, and nearly 30% of families of moderate incomes (under $50,000 per year) pay more
than 30% of their income for housing costs; and
WHEREAS, the City Council desires to seek policy alternatives that will encourage and support
the appropriate development of quality affordable housing throughout the community; and
WHEREAS, to help identify such policy alternatives, the City Council proposes to seek the
input and recommendations of experts in the fields of housing development, affordable housing finance,
and the housing needs of low and moderate income families; and
WHEREAS, the City Council is particularly interested in obtaining recommendations on the
following issues:
• Creation of a Housing Trust Fund to support development of quality affordable housing.
• Exchange of City incentives in return for obtaining set-asides ofquality affordable housing units
within developments ofmarket-rate housing ("mixed income housing"), and
• Strategies for dispersion of publicly assisted quality affordable housing throughout the larger
community
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS THAT•
1 The City Council hereby authorizes creation of a Mayor's Advisory Task Force on Affordable
Housing (the "Task Force") and directs that its membership be made up of persons representing the
interests of low and moderate income residents, for profit and non-profit housing developers,
neighborhood associations, and the business, financial and philanthropic community
2. Membership on the Task Force shall include no more than 17 persons, including two City
Council representatives, with the Chair to be designated by the Mayor
3 The City Council hereby di-ects the Task Force to develop recommendations on the following
issues, for presentation in the form of reports to the City Council as outlined below The review of
these topics shall include investigation of their legal and financial aspects as well as any factors in Fort
Worth s current housing development and real estate market that may affect implementation of such
policy recommendations. The final report should also include any proposals for the City's Legislative
Agenda that may relate to these issues.
a) Creation of a Housing Trust Fund to promote and support quality affordable housing
development in the City including recommendations regarding dedicated funding sources for
such a Trust Fund and a plan for the use of this Fund. This report is to be delivered to City
Council by March 1 2007
b) Exchange of City incentives for set-asides of affordable housing within market-rate housing
developments, known as `mixed income housing" with a report due to City Council by July
30, 2007
c) Dispersion of publicly assisted quality affordable housing throughout the community with a
report due to Crty Council by July 30, 2007
4 The Crty Council hereby directs the City Manager to provide staff support to the Task Force
through the Housing, Community Relations, Planning, Economic and Community Development and
other appropriate departments, and to request assistance from the Fort Worth Housing Authority staff as
needed. The City Council likewise duects the City Attorney to provide legal assistance to the Task
Force, as needed.
5 The City Council hereby appoints the following people to the Mayor's Advisory Task Force
on Affordable Housing:
Councilmember Sal Es ino, District 2
Councilmember Kathleen Hicks,rtDistrict~`8
Madelyn Gibbs, Council Aide Distract 6
Tom Struhs, Residential Developer
Ken Eberling, Downtown Fort Worth, Inc.
Alex Jimenez, Chairman Fort Worth Housing Authority
Doug Guilliland, Fort Worth Homebuilders Association
Kelly Allen-Gray United Riverside Rebuilding Corporation
Matthew Hudson, President League ofNeighborhoods
Prentice Gary Carleton Residential Properties
Resolution No 3416-10-2006
Valerie Williams, Senior Vice President Bank of America
Val Willcie, Sid Richardson Foundation
Estrus Tucker, Chairman Human Relations Commission
Marty Martinez, Toro Realty LLC
Dale Erwin, Greater Fort Worth Association of Realtors
James Hams, James Harris Partners
Ed Ipser, Market Analyst and Appraiser
6. The City Council hereby approves the appointment of Sal Espino to serve as Chair of the
Task Force and Alex Jimenez to serve as Vice Chair of the Task Force.
ADOPTED"ON THIS 3rd DAY OF OCTOBER, 2006
•~~~x•~
~~
y ~ ~ ua
ATT ~ T ~ ~`
~•~ •~',~; Marty HendrixY ty*Secretary
>`~ .
CITY CQUI~
ClL
OCt o 3 Zoos
~'` ~
City Sec~of the
City of Fort Worth, Texas