File #: 202100293    Version: 1
Type: Motion Status: Adopted
File created: 1/26/2021 In control: Cincinnati City Council
On agenda: 2/3/2021 Final action: 2/3/2021
ORD/RES# date: ORD/RES#:
Title: MOTION, submitted by Councilmember Landsman, WE MOVE that the Administration draft legislation, if necessary, to allow the Department of Community and Economic Development (DCED) to create a formal internal policy to best leverage the City's debt forgiveness capacity, in order to 1. Better preserve existing affordable housing, and 2. Help finance new affordable housing options in the City.
Sponsors: Greg Landsman
Attachments: 1. Motion_ Debt-Forgiveness and Maintaining Affordability (1)

title

MOTION, submitted by Councilmember Landsman, WE MOVE that the Administration draft legislation, if necessary, to allow the Department of Community and Economic Development (DCED) to create a formal internal policy to best leverage the City’s debt forgiveness capacity, in order to 1. Better preserve existing affordable housing, and 2. Help finance new affordable housing options in the City.

recommendation

ADOPT