title
CC - (1) Discussion of an Affordable Housing Linkage Fee; and (2) Provide Direction to the City Manager as Deemed Appropriate.
body
Meeting Date: March 15, 2021
Contact Person/Dept: Todd Tipton -CDD/Economic Development
Tevis Barnes - CDD/Housing
Phone Number: (310) 253-5783
(310) 253-5782
Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X]
Public Hearing: [] Action Item: [X] Attachments: [X]
Commission Action Required: Yes [] No [X] Date:
Public Notification: (E-Mail) Meetings and Agendas - City Council, (03/11/2021); Committee on Homelessness (03/11/2021); Finance Advisory Committee (03/11/2021); Landlord Tenant Mediation Board (03/11/21); Chamber of Commerce (03/11/2021);
Department Approval: Sol Blumenfeld, Community Development Director (02/22/2021)
RECOMMENDATION
Staff recommends the City Council (1) discuss an affordable housing linkage fee; and (2) provide direction to the City Manager as deemed appropriate.
BACKGROUND
The City Council has expressed interest in facilitating the production of low, moderate and workforce housing in the City in order to address the problem of housing affordability1 and satisfying state and regional affordable housing mandates. To date, the City Council adopted Rent Control and Tenant Protection Ordinances and recently adopted a Mixed Use Inclusionary Ordinance to preserve existing affordable units and expand opportunities for new affordable unit development.
The City Council also expressed interest in pursuing Linkage Fees. With the wind down of redevelopment agencies in 2012, most cities have struggled with facilitating affordable housing production and have turned to mandatory inclusionary housing requirements and affordable housing development impact fees, also called "Linkage Fees" to create new affordable housing. A proposed Linkage Fee was recommended for City Council consideration in the 2019 Housing Division workplan.
As ...
Click here for full text