...Title
Actions Relating to the Santa Clara County Civil Grand Jury Report Entitled “Affordable Housing Crisis: Density Is Our Destiny” and to Potential Commercial Impact Fees.
...Recommendations
(a) Accept staff’s updated response to the June 21, 2018, Civil Grand Jury of Santa Clara County Report on “Affordable Housing Crisis: Density is our Destiny” with any modifications to reflect direction below.
(b) Discuss and provide direction regarding:
(1) Preparation a nexus study to support a city-wide commercial linkage fee for affordable housing and a feasibility study to assess market impacts of development with variations of fee levels, geographic location, land use, and building type.
(2) Exploration of feasibility studies for a Downtown Core Commercial (office and R & D) development impact fee, which would address affordable housing and infrastructure needs (i.e. transit and parks).
(3) A report back to the City Council in November including the following:
(a) Scope of work for a nexus study and feasibility study, including consultant selection, a funding strategy, and timeline for completion of the studies.
(b) Include a Regional Commercial Linkage Fee as a legislative priority of the City, as previously discussed by the City Council.
(c) Progress report on (a) the formation of the City Council-authorized RHNA subregion, sponsored by the Santa Clara County Cities Association, with specific "next steps" identified for Staff and Council, and (b) formation of a Bay Area wide commercial linkage fee, requiring state legislation, similarly based on relative jobs/housing ratios.
(d) Data regarding ongoing and one-time tax revenues generated from employers in the City of San José.
(4) Exploration of a funding partnership with the Silicon Valley Community Foundation, which has funded similar studies, consistent with its housing and transit strategic grant priority.
CEQA: Not a Project, File No. PP17-009, Staff Reports, Assessments, Annual Reports, and Informationa...
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