11B-601 Moderate Income Housing Authority Objective

It is the objective of the Town to ensure that all development provides a range of housing opportunities for all identifiable economic segments of the population, including households of low and moderate income. It is the policy of the Town to focus its moderate income housing efforts on monitoring the need and providing an opportunity for low to moderate income families to obtain housing that meets their needs and not focus merely on building low income units and to provide a variety of housing types. A. All action heretofore taken (not inconsistent with the provisions of this Ordinance) by the Town Council and by other officers of the Town directed toward the creation and establishment of the Authority are hereby ratified, approved and confirmed. B. The Garden City Town Council will create a Moderate Income Housing Authority according to Ordinance #06-31. The Moderate Income Housing Authority is an advisory committee that will report directly to the Town Council. C. The Moderate Income Housing Authority will create a description for Moderate Income Housing and the regulations pursuant to administering the program. The regulations will include; determining the existing supply, estimating a five year need, a survey and evaluation of zoning=s effect on moderate income housing, a description to encourage an adequate supply of moderate income housing, and determine the effects of developments which do not include or provide for moderate income housing within their development. D. The Moderate Housing Authority shall at all times be comprised of members of the Town Council and the Planning & Zoning Commission as well as members of the community. E. The Town Council is hereby authorized and directed to take all other action necessary or appropriate to effectuate the provisions of this Ordinance. F. If any section, paragraph, clause or provision of this Ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause or provision shall not affect any of the remaining provisions of this Ordinance. G. All Resolutions or Ordinances found to be in conflict with this Ordinance be, and the same are hereby, rescinded.