The City has contracted with Urban Partners to conduct a two phase study into rental housing needs in Newark as follows:
An assessment of student and non-student rental housing needs, including the current rental inventory and a determination of the number of additional units needed to ensure the economic feasibility of the market;
Provide recommendations on the number of additional units needed to meet current and future demand: including the type and location of the units necessary, as well as strategies to update the determination of need as development continues.
An assessment of the current home owner assistance programs, single family occupancy and maintenance controls, and downtown mixed use development strategy as a tool to balance the impacts associated with off campus student rental housing growth.
Provide examples of successful programs for the City to investigate regarding promotion of owner-occupancy.