HOUSING OAK PARK

Inclusionary Zoning

Issue Four: Adoption of an Inclusionary Zoning Ordinance

Description: Our community benefits from a unique character of diversity, convenience, and quality schools and services that has enhanced the value of our homes. However, this benefit has had an unintended consequence of reducing housing opportunities for poor and working families and individuals in Oak Park. As the housing prices continue to increase, we need to ensure that our community remains accessible to people of all incomes.

Recommended Actions: The Village of Oak Park should enact an inclusionary zoning ordinance that will provide affordable housing for working families alongside market rate housing in our community. The ordinance should provide for set asides in larger developments and conversions, an affordable housing trust fund, and other tools that help create and preserve affordable housing.

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