Banks: Affordable housing must be available. First, we must untie the restrictions on the thousands of the blighted houses throughout the city and use incentives to develop those properties into affordable housing units. Second, we work to freeze residential property assessments to not penalize long term residents because new residents have driven up property values.
Bloom: Our city is unique and vibrant, and the people who live here make it that way. We need to protect our residents and ensure they have safe and comfortable places to live. As a councilmember, I will work to create discourse between the council and the departments of Community Development, Economic Development, and HANO to find comprehensive solutions to housing. I will work with developers who are applying to build new structures, to create a percentage of housing units for working class and low-income residents, in accordance with proposals from the Smart Housing Mix policy. I plan to entice developers to do this by offering positive incentives, rather than enacting restrictive legislation, wherever possible.
Legislation to safeguard housing should not have the opposite effect: it should not serve to effectively de-incentivize development, but should encourage smart and responsible development to flourish by offering positive incentives that attract inclusive housing development. Having more economic opportunities available to residents will help us all succeed. I will lend my support to any effort to join together the varying interests of residents, government, developers, and community groups to create smart housing solutions.
To achieve this holistic approach to housing, I will work to ensure that business and economic leaders, those in the city's departments of Community Development, Economic Development, and HANO have the opportunity to hear from community stakeholders. Again, I will work hand-in-hand with city leadership to create incentives for development to provide residents with access to needed resources like transit, services like pharmacies and groceries, and recreational opportunities. I will place pressure on city governmental departments to work together to create comprehensive plans and requests for proposals that will address the needs of working people in our city.