HomeMy WebLinkAboutAgenda - Mail Packet - 12/14/2021 - City Council Futures Committee Agenda - December 13, 2021
City Manager’s Office
300 Laporte Avenue
PO Box 580
Fort Collins, CO 80522
970.221.6505
970.224.6107 - fax
fcgov.com
Futures Committee Agenda
Monday December 13, 4:00-6:00pm
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Chair Comments and meeting called to order
4:00- 4:05 Facilitated by Mayor Arndt
Approval of November 08, Minutes and Overview of Futures Committee
Participation:
4:05- 4:15 Facilitated by Jackie Kozak-Thiel
Think Tank Item 7-2021
4:15- 5:15 Future skills for Employability Karen Kocher, Global General Manager,
Talent & Learning Experiences and Workforce/Workplace of the Future at Microsoft
• Introduction by Teresa Roche
• Q&A facilitated by Jackie Kozak-Thiel
• Summary provided by Jackie Kozak-Thiel (graphic recording by Carrie Van
Horn)
5:15-5:30 Additional Items- facilitated by Jackie Kozak-Thiel
• Bloomberg-Harvard Mayors Leadership Program and related updates from
Mayor Arndt
• Additional learning updates
o Discuss options for January’s meeting
▪ The Future of Architecture, Kat Shelby
▪ Skills needed for the Future, Marco Dondi, McKinsey and
Company
Scheduled Topics
February 2022: The Future of a Connected City, Lisa A. Brown, Senior National
Director for Municipal Infrastructure and Smart Cites, Johnson Controls Inc and
Rowena Patawaran, PI Senior Account Executive, Johnson Controls Inc
Unscheduled Items
Future of building an inclusive and integrated City
Sharing Economy (24-hour City)
Future of Governance
The Future role of Government
Future of higher education
Supply chain for future cities
Democracy and voter participation
Regionalism
Think Tank Items 2021
1-2021 The Future of Housing
and Communities of
Opportunity
2-2021 The Future of Livable
Cities: Housing, Streets
and Food
3-2021 The Past, Present and
Future of Futures
4-2021 How to think like a
Futurist
5-2021 Future of Civic Capacity
in Fort Collins:
Conditions for
Emergence and a Civic
Economy
6-2021 Innovative approaches
to housing and
development
7-2021 Future skills for
Employability
Think Tank Items 2020
1-2020 Becoming Fort Collins:
Regenerative
Approaches for Our
Future
2-2020 The Future of Health
Equity
3-2020 Voices of Youth
4-2020 The Future of
Community
Engagement
5-2020 Pragmatic and
Visionary Approaches
to Digital Inclusion
6-2020 The Impact of COVID-
19 and the New
Normal of Work
7-2020 Future of Leveraging
Our Platform of
Connexion
Growth, transportation, and technology
The Future of Belonging
Longer life spans, retirement and age-friendly cities
Committee Members
Mayor Jeni Arndt
Councilmember Emily Francis
Councilmember Susan Gutowsky
Councilmember Tricia Canonico (alternate)
Staff Liaison: Jacqueline Kozak-Thiel, Sustainability Officer
Staff Support: Megan DeMasters, Specialist, Environmental Services
CITY OF FORT COLLINS
FUTURES COMMITTEE MEETING
Date: November 08, 2021
Location: Colorado River Room, Zoom
Time: 4:00-6:00pm
Committee Members present:
Mayor Jeni Arndt
Councilmember Susan Gutowsky (District 1)
Councilmember Emily Francis (District 6)
Councilmember Tricia Canonico (District 30
Additional Council members present:
City Staff:
Jackie Kozak-Thiel
Kyle Stannert, City Manager’s Office
Presenter:
Shane Phillips, Author of the Affordable City, Manager of the UCLA Lewis Center Housing Initiative
Additional Staff present:
Carrie Daggett, City Attorney
Teresa Roche, Human Resources
Michelle Finchum, Environmental Services
Beth Yonce, Social Sustainability
Dean Klingner, PDT
Lindsay Ex, Environmental Services
Maren Bzdek, CDNS
Meaghan Overton, Social Sustainability
Ryan Mounce, CDNS
Caryn Champine, PDT
Shannon Hein, Economic Health
Sue Beck-Ferkiss, Social Sustainability
Terri Runyan, City Manager’s Office
Sylvia Tatman-Burruss, CDNS
Seve Ghose, CDNS
Community members:
Kevin Jones, Fort Collins Chamber of Commerce
Carrie Van Horn, community member and graphic recorder
Jen Bray, community member
Libby Sparks, community member
Meeting called to order at 4:03pm
Approval of Minutes:
Councilmember Susan Gutowsky moved to approve the October 11 minutes. Councilmember Francis
seconded. Motion passed unanimously. 4-0-0.
Chairman Comments: None
Summary
• Housing affordability continues to be important and most recent community survey indicates it is
still very much on peoples’ mind.
• Addressing housing issues will require addressing the 3 “S”s: supply, stability and subsidy—there
are different tools to do this
• Acknowledge the need to change and not to overburden those that are already burdened
o Shift thinking to see housing as infrastructure
• Discussion of innovative new approaches to housing
o Consider broad upzoning as an alternative to current models for affordable housing
o Shared rental equity options which recognize the inequitable past of housing
▪ Consider building civic economy and seeing this as an investment opportunity
for the Future
o Consider what the next 30-year mortgage might look like
▪ Regionalism—what actions need to be taken at different levels of government to
address housing issues
• Action: Continue to work on adoption of Housing Strategic Plan and its various elements
o Work session on Tuesday 11/10 sharing progress on updates to the Land Use Code
o Housing Strategic Plan has strategies addressing stability and future of belonging
regardless of homeownership status
o Council finance committee will be having a discussion soon about a dedicated revenue
for housing projects
Think Tank Item 6-2021 Innovative approaches to housing and development Shane Phillips, Author
of the Affordable City, Manager of the UCLA Lewis Center Housing Initiative
Part 1: Shane provides an overview of the concepts from the affordable City: Supply, Stability and
Subsidy
• Each S serves a different purpose and can be prioritized for different reasons
• Supply:
o Having enough supply of housing is a starting point for affordable housing
o What it can do: stabilize prices, create new resources and serve as a way to build for the
future
o What it cannot do: cannot cut the median home prices in half on its own
• Stability
o Consider if renters have the same moral worth as homeowners? Historically community
members only gain full rights through homeownership, this doesn’t have to be the case
o Stability acknowledges the moral obligations to meet physical and economic realities and
provides a role for government to decide who wins and who loses
o What it can do: can shield people from rising rents and evictions
o What it cannot do: solve underlying drivers for housing prices
• Subsidy
o What it can do: help people when supply and stability are not enough
o What it cannot do: it cannot help everyone
• None of these 3 things can succeed by themselves, need policies that address all of them
Part 2: Upzoning for affordability
• Upzoning on a limited scale will not make housing more affordable
• Limited scale upzoning means there are still limited sites available, making them more valuable
o Property owners will capture the value of rezoning, not future residents who benefit from
lower prices
• Recognize that missing middle is important but won’t be able to go far enough if it is
geographically limited
• Discusses the “value capture” model and its shortcomings
o It may be able to get some affordable units but only if market prices remain high and
there is demand for expensive housing
• Broad upzoning an alternative: upzone broadly to ensure that no individual land parcel is special
enough to rise in value
o Allows homes to be built and sold profitably
o Lower prices can mean more homes which can help stabilize the overall market
o There is evidence from Minnesota and California that this could work
• Challenges to broad upzoning include:
o Everyday Nimbyism
o Lots of capacity can mean uneven development
o Upzoning needs to be enough to justify demolition (3-4 plexes probably not enough)
o Success comes with its own costs
Part 3: New Renting and Ownership Models
• Recognize that homeownership isn’t for everyone
o Need high income and wealth to access it
o It is financially risk and undiversified
o Benefits inequitable distributed
o Homeowners have political views that support rising property values and maintaining sq
and are generally more anti development/tenant than renters
▪ This is on average and part of not having another social safety net
• Renting has not been an attractive alternative in the US for many reasons
o Unstable and no wealth generating potential
o Not inevitable in countries with stronger rental culture and social safety net
• Shared Equity Rental Housing
o Government and nonprofits buy rental housing with low-interest plans
o Tenants continue to pay rent as normal
o Surplus cash flow and appreciation goes to tenants’ proportion to the rent they pay
• Benefits of shared equity rental housing
o Start to build wealth right away –accessible wealth
o No financial risks to tenants
o Downward rent pressure on non-shared equity rentals
o Tenants can invest in their units
o Flexible to move without large transaction costs
o Fewer “homevoters”—attractive to students
o New housing today becomes shared equity housing of the futures
• Key points
o Shared equity rental pricing 3rd way between homeownership and rental the way we
currently do it
o Take a growing share of housing off the market, provides protections
o Similar to and complementary to community land trusts but intended to serve middle
income market not requiring subsidies
• How to move it forward
o Need federal support for this scale
▪ What is the next “30 year mortgage”
Summing it up:
• There is no silver bullet to address housing: need supply, subsidy and stability No silver bullet—
need all 3
• Broad upzoning can use market effectively
• Shared equity rental housing—addresses market failures
• Consider listening to the UCLA Housing voice podcast to learn more
Discussion
• Question about if HUD is looking at shared equity housing
o Have not heard that they are, but would love if they would explore this option
• Discussion around how broad upzoning can be utilized primarily when there are in-fill projects—
key in Fort Collins since the City is already mostly built out
• Recognize that the shared equity model is a way to see housing as infrastructure
• Discussion around how to get community to embrace new things and have a transformation in
culture
o Bring people to the table that we don’t typically hear from
o Most success in cultural transformation comes from tying various issues together
o Work to protect the people that currently live here
• Question was asked around how we maintain commitment over time since many of these strategies
and implementation can be unpredictable
o Recognize that moving quickly and being respectful of appropriate engagement is a
delicate balance
o Use pilots to get the foot in the door and show people how it can work
o Try to get some things passed at the State level so changes are a little more entrenched
▪ Recognize that Fort Collins cannot do this completely on our own—reforms are
needed at all levels of government
• Question about the relationship between Inclusionary housing and shared equity rentals
o Shane indicates the two could be complementary
• Need to consider the role of lenders and financial community for shared equity rentals
o Some evidence in coastal cities that there is support
• Shane concludes by sharing that the changes that are being made in California are encouraging
o Think about how far we have come in the discussions around housing—there is hope
Additional Items
• Kyle Stannert, Deputy City Manager, and Caryn Champine, Director of Planning, Development
and Transportation, participated in a 3 day event in New York and discussed which of the 3
pillars (collaboration, data or innovation) is best for Fort Collins
o Collaboration could be the most time consuming but all the most inclusive
• Mayor Arndt is doing the Marshall Vance tutorial and will follow-up on broad topics
Meeting adjourned by Mayor Arndt at 5:36pm