Reso 2022-085 Approving Third Addendum and Planning Entitlements

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including the requirements of Zoning Code chapter 3.04. The Planned Development Project establishes specific development standards for this project, which ensure orderly and thorough planning that will result in high -quality urban design. The Project includes variety and avoids monotony in providing access, light, open space, and amenities. The Project complies with the City's Inclusionary Housing Ordinance through an Alternative Inclusionary Housing Plan, as allowed under San Leandro Zoning Code Section 6.04.132. The Project will include dedicated on -site workforce and moderate income inclusionary housing units in the single-family and townhome development that will help the City address the shortfall of above moderate income housing per the City's regional housing needs allocation. The Project will also make housing in -lieu fee payments totaling over $2 million for the multi -family residential portion of the project, which will significantly increase the City's Affordable Housing Trust Fund such that the City will be able to leverage such funding for future affordable housing projects. Due to the demise of redevelopment state-wide in 2012, the ongoing decline in federal affordable housing funding, and the minimal in lieu fee revenue into the Affordable Housing Trust Fund since the Great Recession of 2008, this project provides a much needed injection of affordable housing funds into the Affordable Housing Trust Fund. The Project also fulfills a significant opportunity site for housing that has awaited redevelopment for a long time and substantially supports the City in meeting its housing goals. The following Housing Element goals and actions are relevant to this mixed -use project: GOAL 53 Affordable Housing Development. Increase the supply of ownership and rental housing in San Leandro affordable to extremely low, very low, low, and moderate income households. Action 53.04-B Revisions to Inclusionary Housing Ordinance. Revise the Inclusionary Housing Ordinance (Zoning Code Chapter 6.04) to incorporate "lessons learned" 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: • 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. 4. That the proposed use will not create adverse impacts on traffic or create demands exceeding the capacity of public services and facilities, which cannot be mitigated. The Project will not create adverse impacts on traffic or create demands exceeding the Page 5 of 12 Exhibit A