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File Number: 19-015 <br />the project proposes to actively manage and optimize the available pool of on-site parking <br />through a parking management program. Units that do not need a vehicle space will have their <br />spaces allocated to other units that need a second vehicle. Substantial secured indoor bicycle <br />parking will be provided for tenants. Furthermore, the project is located one and a half blocks <br />away from the nearest Downtown DA-zoned area where one parking space is required per unit. <br />With developable land in short supply and the high cost of construction for underground and <br />structured parking, parking often serves as a barrier for the development of new housing. High <br />parking requirements have the unintended consequence of pushing residential projects beyond <br />the feasibility point for developers and the affordability point for residents. In these situations, it is <br />essential for new infill residential projects to optimize their available parking and to encourage <br />their residents to regularly use transit and active transportation modes like walking and biking. <br />While it is recognized that the project may reduce the supply of readily available street parking <br />causing inconvenience for residents, staff finds the alternatives to be less acceptable. <br />Inclusionary Housing Requirement <br />To satisfy the Inclusionary Housing Requirement (Z.C. Section 6-3016) and advance the City’s <br />Housing Element goals, the applicant proposes to provide 1) two rent restricted units and 2) pay <br />an in-lieu fee of $160,357. The proposal is based upon the following: <br />•That the affordable housing in-lieu fee is set at $5.00 per net rentable square feet as <br />recommended in the Affordable Housing Nexus Study. The study, which was a joint venture <br />with San Leandro and other East Bay and Silicon Valley jurisdictions, was completed in <br />November 2016, presented to City Council in April 2018 and will serve as the basis for <br />forthcoming proposed Inclusionary Housing Ordinance amendments. The proposed <br />apartment building has 44,900 net rentable square feet so the gross amount of the fee is <br />$224,500. <br />•As per the San Leandro Zoning Code 6-3006, for a project 44 to 49 units, 7 inclusionary <br />units are required (4 very low and 3 low income units). However, Section 6-3016(B) <br />provides that the City has discretion to “approve, conditionally approve or reject any <br />alternative proposed by the Developer as part of an Inclusionary Housing Plan”. <br />•Due to the high cost of building in the region and the State mandate for the City to meet its <br />above moderate income (market rate) income regional housing needs allocation (RHNA) <br />goal per Senate Bill (SB) 35, the applicant may provide two long-term (55 years) rent <br />restricted units to fulfill 2/7th of the inclusionary housing production requirement and <br />achieve the remaining 5/7th by paying a pro-rated in-lieu fee equaling about $160,357.00 <br />(5/7 x $224,500). The in-lieu fee of $160,357.00 would be paid prior to or at the issuance <br />of the Certificate of Occupancy for the proposed apartment building. <br />SB 35 took effect on January 1, 2018 and enabled the State to identify local jurisdictions <br />that were not complying with mandated RHNA goals for housing production at various <br />income levels. While San Leandro is complying with its very low and low income housing <br />goals, the State identified over 300 jurisdictions including San Leandro that were not <br />complying with their above moderate income housing goals. <br />Page 8 City of San Leandro Printed on 1/30/2019