AGENDA PACKET_2021-09-07 - Laserfiche WebLink

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Housing Opportunity Ordinance September 7, 2021 Page 9 built on -site for extremely low-income households equal to 5 percent of the total number of units. 41-1903 Exempt Projects: This section is amended to delete the Clarifies which projects language regarding applications are not subject to the deemed complete prior to November ordinance 28, 2011 and further clarify the exclusions to the HOO that may be agreed upon by City Council in a development agreement. 41-1904 In -Lieu Fee Option: This section is amended to increase the Revises the in -lieu fee in -lieu fee from $5 per habitable square and changes the timing foot to $15 per habitable square foot. of payment This section also removes the incentive for "Entitled Residential Projects" to obtain building permits during the current economic climate. The provision for "Entitled Residential Projects" no longer applies after October 1, 2021. The amendments also extend the timing of payment from issuance of the building permit to issuance of the certificate of occupancy, allowing a developer the option to pay after the project is 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. City Council 35 — 9 9/7/2021