8C Consent 2011 1003 - Laserfiche WebLink

Home

On January 17, 2006, the City Council amended the City's Inclusionary Housing Ordinance (Article 30, Sections 6 -3002, 6 -3004, 6 -3006 and 6 -3014 of the Zoning Code) to expand the application of the Ordinance to include condominium conversions. Applicable General Plan Policies The Housing Element contains several policies applicable to the Affordable Housing Trust Fund and Inclusionary Housing Ordinance: Goal 3: New Housing Opportunities - Provide housing opportunities and improve economic access to housing for all segments of the community. Goal 53: Affordable Housing Development Policy 53.03. Funding - Actively pursue and leverage private, non - profit, and public funds to facilitate the development of affordable housing in San Leandro. Provide administrative and technical assistance to affordable housing developers and support the applications of these developers for loans, grants, tax credits, and other financing sources that facilitate affordable housing production in the City. Action 53.03 -C: Affordable Housing Trust Fund Maintain a local affordable housing trust fund that is capitalized with in -lieu fees from the inclusionary zoning program and condo conversion fees. The fund should be used to leverage affordable housing development in San Leandro. Policy 53.04 - Inclusionary Housing - Require the inclusion of affordable housing in new housing developments -both inside and outside of redevelopment project areas. Modify ordinances as needed to make these requirements clearer and more effective. Action 53.04 -A. Redevelopment Area Inclusionary Housing Policy Require developers of residential projects within San Leandro's redevelopment areas to set aside at least 15 percent of all new units as affordable housing. Pursuant to State law, at least 40 percent of these affordable units should be set aside for very low income households. This requirement is consistent with State law for redevelopment project areas. A higher percentage of affordable units are required for projects that receive financial assistance from the Redevelopment Agency. Action 53.04 -8: Revisions to Inclusionary Zoning Ordinance Revise the Inclusionary Zoning Ordinance (Zoning Code Article 30) to incorporate "lessons learned" in the five years since its adoption. It may be desirable to amend the Ordinance so that it is more responsive to market fluctuations. The aim of the revision should be to increase the production of affordable units while still achieving geographic dispersal of affordable housing across the city. Changes to the Ordinance should consider the public feedback received during the Housing Element update process. Among the public's suggestions were. • Making it easier to contribute to the Affordable Housing Trust Fund rather than incorporating inclusionary units on site. Such a change could enable deeper levels of subsidy for affordable housing development and increase the supply of very low and extremely low income units when above moderate income housing is built.