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ADMINISTRATIVE REVIEW DRAFT Policies and Actions Implementation Strategies Policy 53.02 FUNDING Actively pursue and leverage private, non-profit, and public • Annual HOME and funds to facilitate the development of affordable housing in CDBG Funding San Leandro. Provide administrative and technical assistance • Housing Programs to affordable housing developers and support the applications • Redevelopment of these developers for loans, grants, tax credits, and other Project Funding financing sources that facilitate affordable housing production in the City. Action 53.02 A: Applications for Grant Funding Continue to pursue all available funding sources for affordable housing construction, including annual applications for federal CDBG and HOME funds. Action 53.02 B: Support for Non Profit and For -Profit Affordable Housing Developers Continue to provide support and information to non-profit and for profit developers seeking to create affordable housing in San Leandro, including assistance in applications for Low Income Housing Tax Credits, Mortgage Revenue Bonds, Affordable Housing Program funds, and other funding sources. Policy 53.03 INCLUSIONARY HOUSING Require the inclusion of affordable housing in new housing • Inclusionary Housing developments —both inside and outside of redevelopment Ordinance project areas. Modify existing inclusionary housing • Redevelopment Law ordinances as needed to make these requirements clearer and more effective. Action 53.03 A: Changes to Inclusionary Housing Requirements Pursue the following changes to the City of San Leandro's inclusionary housing requirements: • Expanding the requirement to apply to single family projects as well as multi family projects. • Expanding the requirement to apply to projects of 10 units or more, rather than projects of 20 units or more (projects of 10 to 19 units would designate at least one unit as affordable). • Creating incentives to promote the inclusion of lower income units as well as moderate income units within owner -occupied projects. • Requiring some of the designated "affordable " units in large multi family projects to be reserved for very low income households, as well as low income households. The existing ordinance —which effectively applies only to projects outside of redevelopment project areas --requires 10 percent of the housing units in multi family projects of 20 units or more to be set aside as affordable housing. The recommended changes would make the ordinance more effective by lowering the threshold to 10 units, and including single family projects as well as apartments. The changes would also help HOUSING ELEMENT 6-6 SAN LEANDRO GENERAL PLAN 1ig8