...Title
Actions Related to the Affordable Housing Siting Policy. - TO BE HEARD AT 6:00 P.M.
...Recommendations
(a) Accept the staff report regarding the proposed City of San José's Affordable Housing Siting Policy, including an annual report out to the Community and Economic Development City Council Committee, and authorize a plan that is applicable to all housing developments that accept Housing Department funding, based on the distribution of homes as follows:
(1) In Phase One (initial three-year period effective July 1, 2021), 30 percent of affordable homes located in Category 1 neighborhoods, 50 percent in Category 2 neighborhoods, and 20 percent in Category 3 neighborhoods, as shown in the Siting Policy Map;
(2) In Phase Two (after initial three-year period), 60 percent of affordable homes located in Category 1 neighborhoods, 30 percent in Category 2 neighborhoods, and 10 percent in Category 3 neighborhoods; and
(3) Limit funding in high-impacted census block groups where 50 percent or more of existing homes are deed-restricted and the block group contains 200 or more homes.
(b) Adopt a resolution approving the Affordable Housing Siting Policy and the Affordable Housing Siting Policy Map and repealing the former Dispersion Policy under Resolution 67604.
(c) Direct the Housing Department to identify potential nonprofit partners to administer a predevelopment and land acquisition loan program for sites in Category 1 neighborhoods.
CEQA: Not a Project, File No. PP17-008, General Procedure and Policy Making resulting in no changes to the physical environment. (Housing)
TO BE HEARD AT 6:00 P.M.