No. 2350 amending the Northeast Neighborhood Development Area Development Plan to establish a housing program

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The purpose of the establishment of the Northeast Neighborhood • Development Area as described in Section IA of the Northeast Neighborhood Development Area Development Plan (the "Development Plan") is as follows: • To set forth an organizing vision, mission statement, strategy and action plan for the economic revitalization and physical redevelopment of the area of the city known as the Northeast Neighborhood; • To designate a new development target area and tax increment allocation area within the City of South Bend; To establish a framework for an ongoing collaborative planning effort involving Northeast Neighborhood residents, business owners, civic associations, institutional partners and local government. b. Goals and Objectives of the Development Plan Goals (as defined in Section III B of the Development Plan) The goals of the Development Area Plan are: • to ensure neighborhood stability and sustainability for the benefit of current and future residents and business owners; • to protect and increase the property tax base of the area; • to introduce a variety of retail services to serve current residents and support residential growth; • to create employment opportunities through new retail and commercial development; • to encourage housing options for a diversity of household types, age groups, and income levels; • to improve conditions that determine the overall livability of the Northeast Neighborhood, including its physical environment, social capacities, economic viability, public safety concerns and connections with the wider community.