3B Public Hearing 2010 0419 - Laserfiche WebLink

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conditions, andlor are paying high percentages of their incomes for housing. The lengthy waiting lists for the subsidized rental housing properties in the County and in the City also exacerbate the lack of affordable housing. As of February 2010, the Alameda County Housing Authority (HACA) reports that there are a total of 7,135 Section 8 certificates and vouchers currently in use in the County of which 1,331 (or 18%) are in the City of San Leandro. Currently, there are over a thousand applicants on HACA's Section 8 and Public Housing Waiting Lists, both of which are currently closed and were last opened in December 2001. HACA notes that such excessive waiting periods are not unusual. Objectives Increase the number of affordable rental units for extremely low-, very low-, and low-income households through the construction of new housing units, the acquisition and rehabilitation of multifamily properties, and the City's Inclusionary Zoning Ordinance. To meet this objective, the City will leverage funding from HOME, CDBG, Redevelopment Housing Set-Aside, federal and state Low Income Housing Tax Credits, tax-exempt bonds, and any other available public or private resources. Accomplishments New Construction of Affordable Housing on Opportunity Sites ^ Continue to work with private and non-profit developers to create affordable rental housing on opportunity sites. HOME, CDBG, Redevelopment Housing Set-Aside, Low Income Housing Tax Credits, and other federal and state and private funding will be used. The City proposes to build seventy-five (75) new affordable rental units in the next five (5) years. Inclusionary Zoning Ordinance Requires that developers of new rental and ownership housing City-wide must make at least fifteen percent (15%) of the units affordable to very low-, low-, and moderate-income households. Prior to the adoption of the Inclusionary Zoning (IZ) Ordinance, the City required developers to set-aside fifteen percent (15%) of their new housing units as affordable in the three (3) Redevelopment Project Areas only. Furthermore, the City's Density Bonus Ordinance allows developers an increase in overall unit density if they choose to exceed the 15% minimum affordable housing set-aside requirements. Over the next five (5) years, the City anticipates creating twenty-five (25) affordable rental units through inclusionary zoning. Acquisition and Rehabilitation Program Continue to work with private and non-profit developers to create affordable rental housing on existing building sites that are not currently used as affordable housing. HOME, CDBG, Redevelopment Housing Set-Aside, CDBG, Low Income Housing Tax Credits, and other federal and state and private funding will be used. An estimated ten (10) acquired and rehabilitated affordable rental units will be produced over the next five (5) years. Housing and Community Development Strategic Plan - FY 2010-2014 City of San Leandro Page 7