ANNUAL REPORT ON THE STATUS OF HOUSING IN THE CITY OF SOMERVILLE — File 211811

ANNUAL REPORT ON THE STATUS OF HOUSING IN THE CITY OF SOMERVILLE No later than September 1 of every year, the Mayor shall submit to the City Council a Report on the Status of Housing in the City of Somerville providing, at minimum, the following information on housing activities during the fiscal year that ended on the immediately preceding June 30: 1. The total number of new rental housing units created, broken down by affordable units and market rate units. For the affordable units and the market rate units, respectively, the total number of units produced by number of bedrooms, e.g. total number of one bedroom units, total number of two bedroom units, etc. (“the bedroom breakdown”); 2. The total number of formerly rental housing units that were converted to condominium housing units, followed by the bedroom breakdown; 3. The total number of newly constructed residential condominium units, broken down by affordable units and market rate units. And for the affordable units and the market rate units, respectively, the bedroom breakdown; 4. For the affordable units, the number created by separate categories for each of the various affordable housing zoning requirements and incentives, and from funds from any City funding program such as the Affordable Housing Trust Fund or the Community Preservation Fund; 5. The number of residential property tax exemptions by category; 6. A demographic breakdown of the residents of the City and of the students in the Somerville Public School system; 7. The most recent annual reports of the Affordable Housing Trust Fund, the Fair Housing Commission and the Community Preservation Plan, and a report from the Office of Housing Sustainability that provides relevant data relating to affordability and residential evictions; 8. An analysis discussing the number of affordable units that may have been lost during the preceding fiscal year caused by economic conditions, condominium conversions or any other factors that influenced the loss of affordable units; 9. A narrative addressing the various metrics set forth in this Report and recommendations for the following fiscal year to increase the number of affordable units in the City; and 10. The City Council shall hold a public hearing no later than the second City Council meeting in October to receive public comment on the Report.