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Res 2023-189R approving amendments to the Low-Income Housing Tax Credit (“LIHTC”) Policy section of the Affordable/Workforce Housing Policy to reduce the required percentage of units under 30% of the Area Median Income from 25% to 15%
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Res 2023-189R approving amendments to the Low-Income Housing Tax Credit (“LIHTC”) Policy section of the Affordable/Workforce Housing Policy to reduce the required percentage of units under 30% of the Area Median Income from 25% to 15%
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12/17/2023 10:13:57 PM
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Resolutions
City Clerk - Type
Approving
Number
2023-189
Date
12/5/2023
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RENTAL HOUSING <br /> 1. THERE IS A NEED FOR MORE DIVERSITY IN THE TYPES/SIZES OF HOUSING UNITS BEING PRODUCED <br /> a. Encourage the creation of a diverse housing stock <br /> i. Review development codes to reduce/remove regulatory barriers to allow alternative <br /> housing types that foster affordability such as: <br /> 1. Micro homes/efficiency dwelling units <br /> 2. Accessory dwelling units - with specific criteria for approval such as the primary <br /> dwelling must be the homestead of the homeowner and the house and accessory <br /> dwelling unit combined must still be able to comply with any applicable occupancy <br /> limits. <br /> 3. Mixed use buildings <br /> 4. Zero-lot line homes <br /> 5. Courtyard homes <br /> 6. Industrial (pre-fab) housing that meets construction codes—with design standards <br /> that will ensure the home is compatible with the surrounding area. <br /> 7. Housing designed for persons with special needs <br /> The Development Code shall establish criteria that ensures alternative housing is <br /> appropriately located. <br /> 2. THE CITY'S AGING HOUSING STOCK AND OLDER NEIGHBORHOODS NEED TO BE MAINTAINED IN GOOD <br /> CONDITION. <br /> a. Reduce costs of renovating older homes while ensuring that modern safety concerns are addressed. <br /> i. Review development code regulations applicable to non-conforming residential structures <br /> regarding repairs and modifications, reconstruction after destruction, and non-conforming <br /> moved structures to ensure that the standards provide maximum flexibility while not <br /> compromising safety. <br /> b. Ensure that aging rental units remain in compliance with safety codes. <br /> i. Establish an inspection program that establishes periodic inspections and appropriate <br /> responses to complaints from residents <br /> ii. Consider adoption of an incentive program to encourage the renovation of small, older <br /> residential rental property; incentives might include fee rebates upon the unit passing final <br /> inspection. <br /> 3. HOUSING COSTS(OTHER THAN RENT PAYMENTS)CAN CREATE A BURDEN FOR LOW AND MODERATE INCOME PERSONS <br /> a. Reduce transportation costs through development of housing in Location Efficient Areas(LEA). <br /> i. Define parameters for establishing Location Efficient Areas & review development codes to <br /> ensure they encourage affordable/workforce development therein. <br /> Affordable&Workforce Housing Policy 5 <br /> Adopted July 2014;Amended March 2017,June 2018,&March 1,2022 <br />
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