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(Leah Hogsten | The Salt Lake Tribune) The Oxford Place Apartments on 300 South in the adumbration of The Cottonwood accommodation complex, Tuesday, July 12, 2022. A new abstraction says gentrification is aggressive above Salt Lake City, with new development and ascent rents binding out absolute association and admired businesses and abrogation no affordable neighborhoods in agreement of housing.
By Wei Yao and Cameron Smith | Special to The Tribune
| Aug. 25, 2022, 12:00 p.m.
The contempo studies affirm what addressee organizers accept been adage for years now; there is a apartment crisis. This crisis is deep, astringent and threatens to derail the city’s advance entirely.
Worst yet, the solutions currently on the table are fundamentally wrongheaded. The burghal is assuming to airing a “middle path???amid pro-tenant and pro-developer policies. But in absoluteness these proposals are acutely pro-developer and anti-tenant.
The “Affordable Apartment overlay???that has been brought to the Salt Lake Burghal Planning Commission allows developers to avoid body zoning in barter for accouterment a assertive bulk of affordable housing. The angle we accept heard sets “affordable???at ante affordable to those authoritative 80% of the Area Median Assets (AMI,) or $57,350. For those account who aren’t aware, that is added than bifold the assets of six of ten of the city’s best accepted jobs.
The gap amid what is appropriate and what is bare is declared to be abounding by chargeless bazaar armament of accumulation and demand. The affirmation has been fabricated by advocates of the apartment bury that acceptance added apartment to get congenital will access supply, and appropriately lower costs, acceptation both tenants and developers win. However affirmation that zoning deregulations lower apartment costs is attenuate at best. While, on the added hand, there is acceptable affirmation these measures drive gentrification and displacement.
Deregulatory affairs for apartment await on developers to break our problems for us. These affairs await on developers accomplishing things adverse to their own interests, such as overbuilding and accepting in bulk wars with added developers, blurred rents over time. Limiting the ambit of accomplishments to break this crisis to “fine???authoritative accoutrement rather than edgeless political instruments is fundamentally foolish, aboveboard and absolutely unproven. In contrast, accessible control, administering and adjustment to anticipate adverse advantage has affluence of success stories.
Despite consistently affectation helplessness, the burghal has a cardinal of accoutrement to force hire costs down. One archetype is akin zoning incentives to projects accouterment a cogent bulk of units at 30% AMI (less than $500 a month), and to aggrandize the areas in the burghal area accepting zoning incentives would be all-important to body apartments. This is absolutely accustomed in the legislation that fabricated city-wide affordability requirements actionable at the accompaniment level.
A added austere and applied band-aid would be to carry money abroad from redevelopment agencies, austere affected abatements and accidental alley renovations to about endemic or subsidized apartment projects. The burghal and accompaniment spent $67 Million on Operation Rio grande and able abutting to nothing. The burghal has endless barmy expenditures that materially accommodate annihilation for association of this city. All this money should be acclimated to body about owned, rent-controlled apartment units.
In the abbreviate term, accessible apartment can be acclimated to artificially crowd a neighborhood. Burghal money can be acclimated to angel hire assets on the aback end in barter for artificially low hire listings in high-demand neighborhoods. In the continued term, the accessible apple can accommodate stable, not-for-profit apartment in a way that is democratically controlled and apprenticed by charge rather than profit.
Public options, if pursued seriously, could acquiesce the burghal to accommodate apartment for its atomic association after anytime defective to accommodate with developers who accept no affiliation to our burghal above a admiration to accomplish money off of it.
There are innumerable, simple, acceptable solutions to housing. All of them crave against developers and their interests and acid them out to some extent. Furthermore, none of these solutions are atypical or new, they are behavior that were boundless in this country, and were axed with the acceleration of Reaganomics and neoliberalism for political reasons.
Similarly, our burghal leaders???clouding of the affair and acquiescence to “experts???has added to do with their claimed and political motivations than the needs of Salt Lake residents.
Renters in this basin charge to adapt and accessory up for a austere political attempt to charge accomplished anybody too afraid or conflicted to angle up to developers. Burghal leaders charge to accede which ancillary they are on, because continuing on the fence is no best an option.
Wei Yao is a University of Utah alum and citizen of Salt Lake City’s Ballpark neighborhood.
Cameron Smith is the architect of Borderless Operations Solutions.
They collaborated to columnist this commodity in abutment of Wasatch Tenants United.
By Wei Yao and Cameron Smith | Special to The Tribune
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