Loading...
HomeMy WebLinkAbout1993-02-23 - AGENDA REPORTS - AFFORDABLE HOUSING (2). ..V AGENDA REPORT City Manager Approva Item to be presented Lynn M. Harris CONSENT CALENDAR DATE: February 23, 1993 SUBJECT: Incentives for the Development of Affordable Housing DEPARTMENT: Community Development Community Development, Finance and Parks and Recreation staff have coordinated their efforts and drafted the attached City Council policy statement (Attachment 1). The proposed policy was considered by the City Council at the February 9,-1993, Council meeting. Pursuant to Council direction at that meeting, staff has made the following changes to the proposed policy: 1) The following change was made to Policy II.F.: "The Council may, at Its sole discretion, sell Gity Preposition A money F�ederalr State. or._gratlt rgvenues to other cities for general fund money to be put Into an affordable housing fund." 2) Policy II.H. was added, as follows: "The City shall encourage the formation of joint powers agreements with other agencies to Implement these policies." 3) Policy 11.1. was added, as follows: "Opportunities and programs which allow low and very low Income families to acquire home ownership will be sought and encouraged:' RECOMMENDATION Staff recommends that the Council: 1) Receive and file the staff report; and 2) Adopt the proposed policy. ATTACHMENT Revised Proposed City Council Affordable Housing Policy krounNNm/dlkmk Continued To;�_� Agenda Item: _� CITY OF SANTA CLARITA POLICY/PROCEDURE NUMBER SUBJECT ORIGINAL ISSUE EFFECTIVE CURRENTISSUE SUPERCEDES STANDARD MANAGEMENT PROCEDURE PURPOSE The purpose of this policy Is to Implement the City's General Plan and to establish guidelines for implementing the development incentives, as provided for In the Unified Development Code (Section 17.17.070), for senior, very low, and low Income housing in the City. Pursuant to the Unified Development Code, in order to reduce development costs associated with the construction of projects qualifying under Government Code Section 65915;, the City may offer developer various Incentives,_ depending upon_ the quality, size, scope and location of the proposed development.. if. POLICY . It Is the declared policy of the City Council that: A. Development application fees collected by and for the City (including environmental review fees, but not production fees for environmental Impact reports, studies, or similar documents) shall be waived for very low Income and/or senior housing developments;.... B. Affordable housing developmentsshall be given priority processing status; C. The Council may, at Its sole discretion, approve limited mixed-use zoning In conjunction with the affordable housing development; D. The Council may, at Its sole discretion, approve the use of Community Development Block Grant funds to finance or subsidize the construction of affordable housing developments and assist people In purchasing existing homes; E. The Council may, at its sole discretion, participate in bond financing for the affordable housing development; F. The Council may, at its sole discretion, sell Federal, State or grant revenues to other cities for general fund money to be put Into an affordable housing fund; G. if the City completes Its proposed redevelopment program, the Council will consider establishing a specific percentage of the Increment to be set aside (in excess of the 20% required to'be set aside by California Redevelopment Law) for affordable housing development. The City shall encourage the formation of joint powers agreements with other. agencies to Implement these policies. Opportunities and programs which allow low and very low income families to acquire home ownership will be sought and encouraged. III. . PROCEDURE A. Development application fees shall be waived at the time of application submittal. If the project Is found not to be in conformance with the City's requirements for affordable housing projects, case processing shall be suspended until the applicant: 1) modifies the project to bring It Into compliance with the City's affordable housing requirements, or 2) pays the originally waived application fee In full. B. Development applications for affordable housing projects shall be given priority processing status. A public hearing shall be held by the Planning Commission within sixty days of the City's determination that the application Is complete. C. In order to ensure the long-term availability of the affordable housing stock, the applicant/developer shall provide a guarantee of such availability and affordability to the satisfaction of the City. Projects receiving a density bonus only shall be required to maintain their "affordable" status (as defined by the Unified Development Code and in compliance with the conditions of approval for the project) for a period of not less than ten years. Projects receiving incentives In addition to a density bonus shall be required to maintain their affordable status for a period of not less than thirty years. D. The Council may approve mixed-use zoning In conjunction with affordable housing development If commercial, office, Industrial, or other similar land uses, are determined to be compatible with the housing development, and existing or planned development in the vicinity of the proposed development. In the event that a zone change Is approved in conjunction with the affordable housing project, the new zone shall be required to have a planned development (PD) overlay. E. The Council may approve the use of Community Development Block Grant (CDBG) funds to subsidize eligible activities In support of the construction of affordable housing projects and assist people in purchasing existing homes in compliance with federal regulations for the use of CDBG funds. IV. AUTHORITY Adopted by the City Council on Approved by: Jan Heidt, Mayor eoum1kccd4al.kmk