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Attachment 1 <br /> Resolution No.19-1078 <br /> 7. Expedited Approvals and Financial Incentives: CONCERN STATUS: High. Much of the Tri-Valley has limited Oppose unless amended as follows: FUNDING AND RESOURCES <br /> Another permit streamlining effort to accelerate developable lands remaining. However,the remaining new . There should be no net loss of local funding. CONTEXT-SENSITIVE HOUSING <br /> approvals of zoning-compliant projects and and infill developments generate impacts that rely on fees to <br /> enable on-site affordability with financial mitigate.There should be no net loss of local funding. <br /> • Require outside agencies to cap/reduce fees to <br /> incentives. CONCERNS:This one-size-fits-all approach generates many of stimulate affordable housing. <br /> Streamlining Applies to zoning compliant +the same concerns as described in Element#6. Additionally: <br /> projects that restrict at least 20%of onsite housing ',• Potential to reduce property tax allocations for each City. • Require an"expiration date"for all fees and <br /> units to middle-income households,defined as regulations locked at application completeness to <br /> 80-150%of area median income(AMI). Projects • Caps on impact fees to a"reasonable"level is currently ensure they are applicable to viable projects. <br /> granted a statutory CEQA exemption and limited undefined. Eliminates abuse by developers who might"lock" <br /> discretionary review. a future application to avoid addressing future <br /> • Further caps on impact fees would eliminate funding <br /> federal,state or local requirements that may <br /> Financial Incentives include 15-year property taxsurface. <br /> sources to provide services and infrastructure(example: <br /> increment abatement,cap on impact fees,parking i school,transit,etc.). <br /> standards reduced to 50%of local requirement. • Require a"reset"should substantive project <br /> Projects to pay prevailing wage. changes be introduced during the course of the <br /> • Requirement to pay prevailing wage is inconsistent with the development review process to avoid potential <br /> Sensitive Communities:receive an automatic 3- overall goal to lower housing construction costs. abuse of the system. <br /> year deferral on implementation while the city <br /> •develops a context-sensitive plan. Reducing tax allocations given to each city without an • Implement and maintain clear and objective <br /> evaluation that the impacts generated continue to be <br /> covered is contrary to the fiscal sustainability of each city. standards and controls to ensure context <br /> Objective:Build more moderate income housing sensitivity. <br /> units. <br /> • Allow all cities(not just Sensitive Communities)to <br /> develop context sensitive community plans that <br /> achieves the overall goal of providing affordable <br /> housing around transit. <br /> • Consider middle income household definition of <br /> 80-120%of area median income,consistent with <br /> local standards(instead of 80-150%of AMI),which <br /> makes units more affordable. <br /> • 50%parking reduction from local standards <br /> should initially be applied only in transit rich areas <br /> where residents actually have to option to use <br /> frequent and high quality public transit. <br /> • Projects should be required to agree to a 30-50 year <br /> inclusionary requirement to receive the <br /> streamlining and financial incentives listed. <br /> Page 6 <br />