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Policy Promotion. Policy Development. Policy Implementation. Metropolitan Planning Council.
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Policy Promotion Policy Development Policy Implementation Metropolitan Planning Council Since 1934, MPC has been dedicated to shaping a more sustainable and prosperous greater Chicago region. As an independent, nonprofit, nonpartisan organization, MPC serves communities and residents by developing, promoting and implementing solutions for sound regional growth. • Equity • Sustainability • Economic Competitiveness
2000: Wake-up call • Q: Why is rental stock down if population and employment are up? • A: Traditional supply and demand not working. • Affordable housing not located near good jobs, good transit, good schoolsor other amenities.
Building partnerships • Working across borders: • Municipal • County • State
Rebranding, rethinking • Housing shortages are a drain on the local economy. • In Chicago’s northern suburbs, just 13% of housing stock is affordable 69% of local workforce.
Building partnerships • Engaging employers in housing, transportation, and environmental initiatives
Possible Employer Incentives Federal Tax Deduction Income Tax Credit (works for nonprofits, too) through IHDA: 50 cents on the dollar for EAH investments Matching Fund (to double employee benefits) through IHDA: Up to $5,000 match for income-eligible employees Payroll Tax Deduction (for companies exploring relocation or expansion options) through DCEO New CMAP/CR3 Energy Retrofit (a $3,000 match) for new furnace, insulation, or other energy saving measure that an employer helps and employee to do at home New Climate Action Pilot Evaluation (thorough assessment of bottom-line benefits of EAH investments and other “commute trip reduction” strategies)
More information is available Chicago Metropolitan Agency for Planning http://www.cmap.illinois.gov/ Bob Dean 312-386-8834 BDean@cmap.illinois.gov Metropolitan Planning Council http://www.metroplanning.org/eah/ Samantha DeKoven 312-863-6021 sdekoven@metroplanning.org