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11-26-18_AGENDA PACKET
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11-26-18_AGENDA PACKET
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Rebuttal to Developers View on Sunshine Meeting Sunshine Meeting Report ‐ Neighborhood Rebuttal‐Table View Page 11 of 14 2018‐11‐13 Affordable Housing: COMMENT QUESTION REPORTED TO DEVELOPER DEVELOPER RESPONSE: NEIGHBORHOOD RESPONSE: 1. What is a market rate unit? It is housing that is either sold or leased at the price the market bears. No comment 2. Would you save money including inclusionary housing? No. No comment 3. Will there be inclusionary housing, the application says there will be low and very low units included? When the application was submitted on site inclusionary was considered, but the project will propose to pay in‐lieu fees and not include on site. Application has inclusionary housing. Proposing to pay in‐lieu fees does not sound legally binding. 4. Have you made any promises to groups about affordable housing? No, in our business we meet with affordable housing developers to see what projects are planned, This project will require payment of a fee in excess of $6,500,00 in order to subsidize much needed affordable housing throughout the City. Again, this does not seem legally binding. 5. No affordable units on site It is not our current plan to provide any affordable units on site. Not the current plan, but it could be in future plans according to filing..
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