CITY of ALBUQUERQUE
TWENTY SIXTH COUNCIL
COUNCIL BILL NO.
R-24-22 ENACTMENT NO. ________________________
SPONSORED BY: Joaqu?n Baca, by request
RESOLUTION
title Establishing A Two-Year Policy For The Priority Site Plan Approval And Construction Permitting Of Development Projects That Will Result In Permanent Housing In Centers And Corridors And Development Projects Within Metropolitan Redevelopment Areas (Baca, by request)
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ESTABLISHING A TWO-YEAR POLICY FOR THE PRIORITY SITE PLAN APPROVAL AND CONSTRUCTION PERMITTING OF DEVELOPMENT PROJECTS THAT WILL RESULT IN PERMANENT HOUSING IN CENTERS AND CORRIDORS AND DEVELOPMENT PROJECTS WITHIN METROPOLITAN REDVELOPMENT AREAS.
WHEREAS, there is a demonstrated housing crisis across the country that is also impacting Albuquerque due to lack of available housing units; and
WHEREAS, sub policy 5.5.5.q within the 2017 Albuquerque/Bernalillo County Comprehensive Plan states develop and use cost-effective redevelopment techniques, including Metropolitan Redevelopment Areas, Tax Increment Financing Districts, Main Street Districts and other; and
WHEREAS, policy 9.7.2 states Metropolitan Redevelopment: Identify and prioritize opportunities for catalytic projects that stabilize and serve blighted neighborhoods and support redevelopment in those areas; and
WHEREAS, it's important to promote investment in Metropolitan Redevelopment Areas due to historical disinvestment and aligns with future tools, such as the TIF districts that the City will have at its disposal; and
WHEREAS, delays in site plan approvals and construction permitting processes may hinder timely completion of development projects or discourage applications from being submitted, exacerbating housing shortages and discouraging economic growth; and
WHEREAS, prioritizing site plan approvals and construction permitting processes for development projects aimed at creating permanent housing will help to address housing afford...
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