Ann arbor needs more affordable housing
In order to help the City of Ann Arbor achieve its affordable housing goals, Partners for Affordable Housing has been exploring the possibility of a City of Ann Arbor millage for affordable housing and related supportive services. In June 2020, a voter poll was conducted by top-rated firm EPIC-MRA and found that 77% of City of Ann Arbor voters expressed support for the proposal and would vote for such a millage in November 2020. Notably, 3 out of 4 respondents from every ward supported such a millage. The polling was paid for by a grant the Washtenaw Housing Alliance (WHA) received from the Ann Arbor Area Community Foundation (AAACF). After discussions with city council members, CMs Nelson and Smith along with Mayor Taylor brought forward a resolution to place a millage on the November ballot.
The proposed millage would support construction, rehab, maintenance, and acquisition of affordable housing units, and provide funding for related supportive services, for the lowest-income households in Ann Arbor – those earning between 0-60 percent of the Area Median Income (AMI). The proposal language can be found here.
Details about the millage proposal and its key impacts are as follows:
- At 1-mill for 20-years, approximately $6.5 million would be raised per year for a period of 20 years.
- It would support the development of approximately 1,500 units of affordable housing, housing up to 3,700 people.
- For every $250,000 in market value and $125,000 in taxable value, the millage proposal would increase taxes for homeowners by $125 per year.