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80A - AFFORDABLE HOUSING SERVICES
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80A - AFFORDABLE HOUSING SERVICES
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Last modified
8/16/2018 6:35:55 PM
Creation date
8/16/2018 6:28:33 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
8/21/2018
Destruction Year
2023
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Request for Qualifications for Affordable Housing <br />Financial Analytical and Advisory Services <br />City of Pasadena — 60-80 South Vinedo DeusRy Bonus Analyses <br />KMA analyzed a developer's request to construct a 26-urdt residential development on <br />a 30,000 square foot property. The proposed project includes an 18% density bonus and <br />one concession. To evaluate the developer proposal, IMiA analyzed a project that <br />complies with the existing zoning, a scenario that tested the value created by the <br />density bonus, and the proposed project. IMIA prepared a memorandum that <br />summarizes the developer's request, outlined the City's Density Ordinance <br />requirements, and provides a finding on whether or not the developer's request met the <br />Ordinance's requirements. <br />KMA Work Completed: 2014 <br />Contact Person: Jose Jimenez, Planner <br />Telephone Number: 626.744.7137 <br />Email: josejimenez@cityofpasadena,net <br />City of Claretnont I Inclusionary Housing Policy <br />KMA assisted the City of Claremont in creating an Inclusionary Housing Ordinance <br />and an in -lieu fee structure. IMIA quantified the net economic detriment created by <br />the requirement to provide low and moderate income housing after consideration of the <br />benefits associated with the incentives being offered by the City. KMA also prepared <br />the policies and procedures manual and supporting documentation required to <br />implement the program. IMIA also provides financial analyses of projects that are <br />proposing to use the in -lieu fee option. <br />Year Completed: 2014 <br />Contact Person: Brian Desatnik, Community Development Director <br />Telephone Number: 909.399.5342 <br />Email: bdesatni1<@c1.daremoni.ca.us <br />Keyser Marston Associates, Inc. Page 13 <br />
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