Should the government dictates who may and may not live in a house? Is it really a property value thing? What if you can't afford to buy a $100,000+ house? Will certain neighborhoods be off limits? Public input session coming up about a proposed pilot program in Grandview Emerson and Weigent Hogan neighborhoods.
Special January Joint Meeting with Weigent Hogan
The City Wants Our Input!
The conversion of owner occupied, single family homes to rental properties in the WHNA and GENA neighborhoods has increased significantly in the last few years. Between 2013 and 2016, 12.5% of the owner-occupied homes were converted to rentals. The city is concerned about this trend as rental properties often lose value over time, the value of adjacent homes can be negatively impacted and neighborhood parking issues often arise.
Join us January 14th at 6:30 PM at the Unitarian Universalist Fellowship Hall at 401 West Ave for our continuing discussion with City Planner Jason Gilman regarding a pilot the city is proposing in the WHNA and GENA neighborhoods. These 2 neighborhoods were chosen because of the high number of recent single-family home conversions. The pilot would reduce the “unrelated rule” in the city’s ordinance from allowing 3 unrelated persons to live in a home to allowing 2 unrelated persons to live in the home.
The City wants our input! The city’s goal here is to encourage single family home ownership and stabilize neighborhoods. The ordinance change would be paired with Community Development low-interest, partially forgivable loans for rehabbing rentals back to owner-occupied homes and targeted planning for multifamily housing.
A list of points to consider about the proposed change to the unrelated rule can be located here.