AGENDA PACKET_2021-09-07 - Laserfiche WebLink

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Housing Opportunity Ordinance September 7, 2021 Page 4 developed in order to make the larger fee more reasonable. 41-1904 (c)(ii) Skilled and Trained This section is amended to incorporate Workforce and Sliding a skilled and trained workforce 41-1909(a)(5) In -Lieu Fee Schedule: requirement and a sliding scale for the Incorporates a skilled payment of an in -lieu fee pending City and trained workforce Council direction. requirement and a local hire requirement The amendment also incorporates a local hire requirement where a developer of 20 or more housing units must ensure a minimum 30% local hire. 41-1906 Standards: This section is amended to require units Revised the term of for sale and rental units that are built on - affordability for site to be affordable in perpetuity as an ownership and rental enhancement. units on -site 41-1909 Inclusionary Housing This section is amended to further clarify Fund: Clarifies the use the use of in -lieu fees paid to the City. It of the in -lieu fees provides the Community Development collected Agency with a priority for the use of the funds for large families and allows the funds to be used for additional one-time programs addressing housing security, eviction prevention, and housing legal assistance for city residents. This section is also amended to require projects that receive inclusionary housing funds to have a skilled and trained workforce and a minimum 30% local hire. 41-1910 In -lieu fee calculation: This section is amended to provide for Provides for periodic periodic review of the in -lieu fee when review at the option of determined to be appropriate by the City the City Council; Council. The amendment also deletes deletes "Prior Projects" the paragraph on "Prior projects" since it is no longer applicable. City Council 35 — 4 9/7/2021