Discover innovative Akron housing plan to boost resident retention and development growth. Find out key strategies now!

Akron's Housing Action Plan: Improving Housing Quality for Residents

The City of Akron recently released its Housing Action Plan and Market Value Analysis, outlining strategies to enhance housing quality and affordability for residents. Collaborating with the Greater Ohio Policy Center and the Reinvestment Fund, the report highlights a 75% increase in housing values since 2017 in Akron.

Essential local news straight to your inbox

Signals 330 keeps you informed about Akron with curated news just for you. Stay updated with the latest Akron news by subscribing to this free newsletter.

Neighborhoods with housing values of less than $59K targeted

Identified distressed neighborhoods like West Hill and Sherbondy Hill have stabilized, with home values rising by $20,000 to $40,000. The report suggests 23 recommendations categorized into enhancing existing neighborhoods, attracting and retaining residents, and lowering barriers to development. "This information will be valuable to city staff and our partners," said Mayor Shammas Malik. In the short term, the plan focuses on maintaining Akron neighborhoods by enforcing building and safety codes, rental license programs, and collaborating with the Summit County Land Bank. The long-term recommendation includes a revolving loan fund for small landlords and home repair grants for critical repairs.

Housing issues need an 'all-hands-on-deck' approach

The report emphasizes the complexity of housing issues, requiring a collective effort. Recommendations include resources and education on home maintenance by local nonprofits, a "Right to Counsel" program for renters, residential tax abatement programs, and incentive programs like down payment assistance. Investing in walk and bike infrastructure to connect neighborhoods to job centers is a priority, with changes already seen in form-based zoning codes in Merriman Valley and Middlebury development plans. What do you think? - Should Akron focus more on affordable housing or new development? - Is the city doing enough to address housing issues for underserved communities? - Should Akron prioritize green spaces in its development plans?