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File #: 22-1063    Version: 1 Name:
Type: Minute Order Status: Action Item
File created: 5/13/2022 In control: City Council Meeting Agenda
On agenda: 5/23/2022 Final action:
Title: CC - ACTION ITEM: (1) Discussion and Consideration of Whether to Place a Ballot Measure on the November 8, 2022, General Municipal Election Ballot to Develop an Affordable/Workforce Housing Parcel Tax Ordinance; and (2) Direction to the City Manager as Deemed Appropriate.
Attachments: 1. 2022_05_23_ATT_Attachment 1 Parcel Tax Scenarios
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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CC - ACTION ITEM: (1) Discussion and Consideration of Whether to Place a Ballot Measure on the November 8, 2022, General Municipal Election Ballot to Develop an Affordable/Workforce Housing Parcel Tax Ordinance; and (2) Direction to the City Manager as Deemed Appropriate.
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Meeting Date: May 23, 2022

Contact Person/Dept: Onyx Jones/Finance

Phone Number: (310) 253-6016

Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X]

Attachments: Yes [X] No []

Commission Action Required: Yes [] No [X] Date:

Public Notification: (E-Mail) Meetings and Agendas - City Council (05/18/2022)

Department Approval: John Nachbar, City Manager (05/18/2022)
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RECOMMENDATION

Staff recommends City Council: (1) discuss and consider whether to place a ballot measure on the November 8, 2022, General Municipal Election Ballot for an Affordable/Workforce Housing Parcel Tax Ordinance; and (2) provide direction to the City Manager as deemed appropriate.


BACKGROUND

At the September 27, 2021, City Council meeting, there was support among City Council Members to move forward with the examination of an affordable housing ballot measure. It has been recognized there is a severe shortage of affordable housing, where cost burden is the most common housing problem experienced by both renters and owners of households. The lack of affordable housing has contributed to individuals experiencing homelessness within the City.
With the elimination of the Redevelopment Agency, City Council has expressed an interest in examining alternatives for incentivizing the production of very-low-, low- and moderate-income and workforce housing in Culver City to address the problem of housing affordability. The elimination of the Redevelopment Agency has also caused the disintegration of the only continual revenue source through the Low- and Moderate-Income Housing Fund (LMIHF) for the suppor...

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