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AP-75 Barriers to affordable housing — 91.2200) <br />Introduction: <br />Through vehicles such as zoning ordinances, subdivision controls, permit systems, and housing codes <br />and standards, the City has attempted to ensure the health, safety, and quality of life of its residents <br />while minimizing the barriers that may impede the development of affordable housing. None of these <br />measures is intended to restrict the affordability of housing, though these regulations may on occasion <br />influence the pricing of housing. <br />Impediments to affordable housing revolves around the lack ofaitl' to of the City residents. <br />Additionally, the lack of programs and resources to reduce x �s lM rent or mortgage burdens to <br />�.-. <br />Individuals is key. The City does all that it can with the lirrii re, iesoU'fees.available to maintain and <br />produce affordable housing for both owners and ren Home rehablli ion and home ownerships <br />��. <br />programs are both available. The City's Work Cent�e�" li Economic Develop pt programs work to <br />u. <br />retain, expand, train and attract individuals and li jq,gsses to the City. <br />Actions it planned to remove or ame7 <br />as barriers to affordable housing such <br />ordinances, building cod&Ne` and c <br />• �� <br />return on residential�lrivistmentx�� <br />The <br />the <br />1;, es of public policies that serve <br />s, ff%k,-q-plicies affecting land, zoning <br />kgtlont hd policies affecting the <br />of affordable housing including the following: <br />• GoS�nmental constiainfs,such 5§plperty taxes, land -use controls (e.g., density and zoning <br />ss�_ N <br />restrictjorLs), building copes buildin&hrmit fees, on-site/off-site improvement, prevailing wage <br />z <br />regulatidnrand ADA corri'pli nce. <br />• Market consi iaiftYs including; he availability, cost, and competition for land. other constraints <br />.... ;P?y :Frs <br />include limited 'Httdrsing financing sources, finance costs, and the costs of <br />32 rir. <br />construction. <br />• Available land in the City mostly consists of small parcels that must be assembled for significant <br />new construction projects. Relocation costs and housing replacement requirements for <br />redeveloping improved properties also presents barriers to the development of affordable <br />housing. <br />• The region's rents have continued to increase. Higher rents limited the ability of some low- <br />income households to obtain affordable housing. Households with poor credit history are also <br />Annual Action Plan <br />2019 <br />45 <br />OMB Control No: 2506-0117 (exp. 06/30/2018) <br />75C-51 <br />