SomervilleMeetings

22-1793 Order Approved

That the Director of the Office of Housing Stability discuss the potential impact of the anticipated January 2023 Social Security cost of living increase on affordable housing.

Sponsor
Kristen Strezo
Introduced
Oct 20, 2022
Assigned to
City Council
Enactment #
214445

History

  1. Feb 9, 2023
    City Council Work completed · roll call: pass Meeting agenda, item 6.C.5.
  2. Feb 2, 2023
    Housing and Community Development Committee Recommended to be marked work completed Meeting agenda, item 3.
  3. Oct 25, 2022
    City Council Approved and sent for discussion · roll call: pass

    Housing and Community Development Committee

    Meeting agenda, item 4.1.

Official text

That the Director of the Office of Housing Stability discuss in the Housing and Community Development Committee the potential impact of the anticipated January 2023 Social Security cost of living increase and how this increase could impact affordable housing tenant income restrictions and how/if federal guidelines will be adjusted to protect residents against displacement.