Placement: New Business
Action Requested: Discussion
title
2025 Affordable Housing Advisory Committee (AHAC) Incentive Strategies Discussion
body
Submitted By: Bolivar Gomez, Acting Housing Programs Manager
Strategic Plan Link: The City's Mission to enhance our community's quality of life.
Executive Summary (General Business): Review of the 2024 AHAC Incentive Strategies and discuss potential modification of the existing strategies as well as discuss any new potential incentive strategies to include in the 2025 AHAC Report.
Presentation Information: N/A
Staff Recommendation: Move that the committee discuss the 2024 AHAC Incentives Strategies and provide staff direction on which existing strategies should be modified as well as any new incentive strategies that should be included in the 2025 AHAC Report.
Background: The following is a summary of the existing 2024 AHAC Incentive Strategies:
1. Expedited permitting: The processing of approvals of development orders or permits for affordable housing projects is expedited to a greater degree than other projects.
2. Modification of impact fees: All allowable fee waivers provided for the development or construction of affordable housing.
3. Flexible Densities: The allowance of flexibility in densities for affordable housing.
4. Reservation of infrastructure capacity: The reservation of infrastructure capacity for housing for very-low-income persons, low-income persons, and moderate-income persons.
5. Affordable Accessory Residential Units (or Accessory Dwelling Units "ADUs": Affordable accessory residential units.
6. Reduction of Parking and Setback Requirements: The reduction of parking and setback requirements for affordable housing.
7. Allowance of Flexible Lot Configurations: The allowance of flexible lot configurations, including zero-lot-line configurations for affordable housing.
8. Modification of Street Requirements: The modification of street requirements for affordable housing.
9. Local Government...
Click here for full text