PLANNING COMMISSION MEETING DATE:
June 17, 2024
SUBJECT:
Title
CONSIDERATION OF EXISTING LAND USE REGULATION ADDRESSING INCLUSIONARY HOUSING REQUIREMENTS AND ASSOCIATED DENSITY BONUS CALCULATIONS FOR RESIDENTIAL RENTAL PROJECTS AND INCLUSIONARY HOUSING AGREEMENTS
LOCATION/APN:
City-wide
CASE NUMBER:
CATEGORICAL EXEMPTION (EX24-007), TEXT AMENDMENT (TA 24-0002)
Body
Recommendation
Recommend to the City Council APPROVAL of the following in the order set forth below:
1. APPROVE the proposed Resolution PC 24-5401, recommending that the City Council adopt an ordinance amending the City's inclusionary housing ordinance and Categorical Exemption EX24-007.
Body
Introduction
AB 1505 went into effect on January 1, 2018, restoring local agency authority to adopt or amend an ordinance to require developers to provide affordable housing as a condition of constructing residential rental housing units. The proposed Resolution recommends that the City Council amend certain sections of the City's existing inclusionary housing ordinance (SMMC Chapter 20.310) to delete the exemption for the construction of new residential rental projects and density bonus projects from Section 20.310.030, clarify that the inclusionary housing ordinance applies to density bonus projects in Section 20.310.020, and amend the requirements for residential rental units under Sections 20.310.040, 20.310.050, and 20.310.060.
Additional recommended changes to SMMC Chapter 20.310 are to clarify that the City does not intend to require that more than 15 percent of rental units be reserved for target households (low-, very low-, extremely low- or moderate-income households), unless a higher percentage is requested by the developer and identifying the income levels for new inclusionary rental units to align with the deficit identified in the City's most recent Annual Housing Element Report
The proposed Resolution also recommends that the City Council amend Section 20.310.080 to up...
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