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.
body
Meeting Date: June 13, 2022
Contact Person/Dept: Onyx Jones, Assistant City Manager
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 (06/08/2022)
Department Approval: John Nachbar, City Manager (06/08/2022)
_____________________________________________________________________
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 (LMIH...
Click here for full text