RES 19-1065 - Laserfiche WebLink

Program 12.3:Strive to construct,rehabilitate,and conserve the City's regional shared housing within the constraints of available The Citycontinues to strive to construct housing within the constraints of available infrastructure,traffic.ar quality,and financial limits,by the contusion of By 2023 infrastructure,traffic,air quality,and financial limits.Combined,the City's 2015-2023 the current Rational Hnuuna Needs Detrrmmation period-in 2023 housing sites inventory can accommodate at least 3,243 units. In 2016,the City began working with ECHO Housing to perform first time homebuyer services previously provided by TVHOC.As part of ECHO's agreement with the City, Program 12.4:Work with the Tri-Valley Housing Opportunity Center and they will conduct outreach to employers and lower income target groups in the employers to develop partnerships for partiapating in programs to make Meet annually with groups mentioned in the program. community to encourage participation in affordable housing programs.The City housing affordable to Neu workers. continues to meet regularly as a member of the Tri-Valley Affordable Housing Committee to help develop strategies to make housing more affordable to local businesses. Program 14.1:Preserve for the longest term feasible,rent resNcled Policy 14:Preserve for the longest tens feasible, Ongoing and when units Since 2001,all regulatory agreements have included a provision that the terms shall assisted projects affordable to extremely low-,low-and very-low-inpertfe restricted units affordable to extremely low-,low- become at risk of apply in perpetuity(or for 99 years if restricted due to financing requirements). The households,and provide assistance to retain below-market rate rent and very-low-income households which am at risk of converting to market rate. City continues to implement this policy on all new projects. restrictions. changing to market-rate housing. Program 142 Structure future rent-resNction contract agreements to Ongoing and when units The City continues to analyze rent-restriction contract agreements as they come in allow the City the opportunity to purchase or subsidize assisted units at become at risk of on a case-by-case basis.In 2018,no rent-restriction agreements were executed. the conclusion of the rent-restnction period. converting to market rate. Program 14.3:Structure future rent-resnrohmr contract agreements for When new assisted The City continues to look at creative ways to structure agreements and maximize all new assisted projects with limited or no time reshrctions to minimize the displacement of tenants. projects are approved. the term of affordability. The City continues to attempt to provide apartment rehabilitation loans to the Program UA:Provide rehabilitation funds or other incentives such as a greatest extent feasible;however,no apartment projects sought City funding for densitybonus where a r nate for apartment can texts in exchangeOngoing;dependent on rehabilitation projects in 2018. The Citywill continue to monitor future opportunities PP oP D P specific proposals Pr°1 PPo for extended or perpetual assisted housing time periodsfor providing financial assistance to existing apartment complexes in exchange for affordability restrictions. Program 14.5:Issue bonds or provide other funding where appropriate Ongoing;dependent on The Citycontinues to issue bonds andprovide fundingforappropriate ro ects on a to reduce apartment complex mortgage raves in exchange for extended 9 g' P projects specific proposals case by case basis.No bonds were issued in 2018. or perpetual assisted-housing crate periods. Policy 15:Make appropriate modifications to the Land Use Element of the General Plan,Zoning Ordinance,and other City ordinances,programs. The City continues to make infrastructure improvements on an as-needed basis. Program 15.1:Identify a funding mechanism for nfrastmcture Research irtprovenuents conlanad in the General Ran N axortmodale pro ecled and policies to facilitate the provision of housing, available funding Other improvements include the City's new Recycled Water Project.Improvements especially housing for those with disabilities to sewer capacity have been funded through the CIP under existing replacement housing god. (including developmental disabilities),and housing mechanisms annually and expansion funds. affordable to moderate,low,and very low income households. Program 152:Waive City tees for housing developments that provide a As applications are minimum of 15 percent affordable to extremely low-and very low- received for projects The City continues to review waiving City fees for eligible affordable projects on a income households. containing units for lower- case-by-case basis. income households Program 15.3:Expedite the development review process for housing As applications are proposals that provide aminimum dl5 percent affordable lxmoderatereceived for projects The City continues to expedite the development review process for affordable low-,extremely low,arid very krwlncane households. containing units for lower- projects on an as needed basis income households Program 15.4:Support State legislative reform to improve the fair-share housing process and provide financial and other incentives to strengthen Ongoing The City continues to advocate Federal and State legislative changes and provides general support on an ongoing basis. local jurisdictions'abilities to meet their far-share responsibilities.