RES 2025011 - Laserfiche WebLink

6th Cycle Program 2.3: Regularly review the Lower-Income Housing Fee for market-rate residential development, including consideration of adjustments to the fee within the amounts supportable by the existing Nexus Study to ensure the fee reflects the cost to mitigate demand for new affordable housing created by new development, and while ensuring that fee levels remain such that they do not present an undue constraint to housing production. As part of the review of existing fees, evaluate and change the basis of the residential fee to be structured on a per square foot basis, so as to incentivize the production of smaller units. Mitigate demand for new affordable housing created by new development, and while ensuring that fee levels remain such that they do not present an undue constraint to housing production. Review and consider updates to fees based on existing Nexus Study (January 2025); commence comprehensive Nexus Study update (January 2026); adopted amended fees based on comprehensive Nexus Study update, including fees on a per square foot basis (March 2026) The City initiated work on a comprehensive update of the commercial linkage fee, affordable housing in-lieu fee, and development impact fees in December 2023. The study included feasibility analysis and analysis to consider assessing fees on a per square foot basis. Update to the fees approved December 17, 2024: https://weblink.cityofpleasantonca.gov/WebLink/0/doc/309647/Page1.aspx. 6th Cycle Program 2.4: Continue to make available funding from sources such as the City’s Lower Income Housing Fund, and the City’s Federal HOME and CDBG funds to assist local non-profit agencies and housing developers. The City will also provide technical support to agencies to seek other sources of funding and to plan and develop affordable and special needs housing. Assist in the development of 100 low- income units over the planning period Ongoing; seek funding biannually (first quarter 2024, 2026, 2028, and 2030) Still ongoing. In 2024, the City provided LIHF and HOME funds to non-profit agency Tri-Valley REACH to construct a 2-bedroom/2-bath Accessory Dwellling Unit (ADU) for 2 clients with intellectual/developmental disabilities. 6th Cycle Program 2.5: Continue to offer waivers or reductions of City fees for affordable housing units, including the following: 1. Exempt all housing units affordable to very low- and low- income households and Accessory Dwelling Units from payment of the Lower-Income Housing Fee. 2. Allow for the approval of fee waivers and/or reductions for inclusionary units and the housing developments of which they are a part, for projects that meet the requirements of the Inclusionary Zoning Ordinance in terms of the proportion of proposed affordable units to be provided. When considering such discretionary fee waivers or reductions, greater consideration will be given to their approval when a housing development’s proposed proportion of lower-income units exceeds the minimum required by the Inclusionary Zoning Ordinance (i.e., not all market rate units in projects that comply with minimum inclusionary requirements will necessarily receive fee waivers or reductions). Increase the number of ADUs and deed restricted affordable housing units. Ongoing as projects applications are processed The City continues to exempt all housing units affordable to very low- and low-income households and Accessory Dwelling Units from payment of the Lower-Income Housing Fee.