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Resolve: That it is the sense of the Malden City Council that they express their support for the Sale of Surplus Property for the Purpose of Affordable Home Ownership.
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The Mayor and the Director of the Office of Strategic Planning and Community Development (OSPCD) are hereby urged to investigate the potential sale of Malden's surplus properties.
This proposal seeks to address the critical need for affordable home ownership units in Malden, a city that has experienced significant growth and development in recent years.
By repurposing these underutilized properties, the City can help alleviate the housing crisis while simultaneously fostering community development and inclusivity. The transformation of surplus properties into affordable housing not only contributes to the well-being of residents but also enhances the overall vibrancy of the local economy.
Furthermore, targeting these specific properties allows for strategic urban planning, ensuring homes are situated in accessible locations with available services and amenities.
Through this initiative, Malden can set a precedent for responsible property management and social responsibility, increased tax revenue, and reaffirming its commitment to providing equitable housing opportunities for all. Thus, a thorough exploration of this proposal is essential to creating a more sustainable and inclusive Malden for present and future generations.