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HomeMy WebLinkAboutPOWERPOINT - 60A - Density Bonus Agreement City Council: October 16, 2018 Steven Mendoza CDA Executive Director Item # 60A 1 On 9/11/2017, Density Bonus  Agreement was approved by Planning Commission On 5/1/2018, the Agreement was  continued at City Council with direction to staff to provide additional information 2 State of California Density Bonus Law adopted in  1979: ◦Allows developers to seek increases in allowed zoning density in exchange for providing additional affordable housing units on-site. ◦Allows developers to request incentives or waivers (variances) from development standards. ◦Allows for a 20% Density Bonus for Senior Projects. 3 Santa Ana’s Density Bonus Ordinance Adopts the  State’s Law: ◦Requires a Developer to submit the Agreement to City Council for approval or rejection City’s Housing Opportunity Ordinance (updated  in November 2015) augments the State’s Density Bonus Law and the City’s Ordinance by allowing a developer to seek an additional 35 percent density bonus calculated from base density. 4 Density or Bonus Allowed for Project Provided 285 units (3.17 acres x 90 units/acre base density used as a standard for Base Density 285 units developments in areas designated DC by the General Plan Land Use element) 20-Percent Density Bonus for Senior Projects Provided by 285 x 20% = 57 units + 57 units California Density Bonus Law 35-Percent Density Bonus Provided by the City’s 285 x 35% = 100 units + 76 units Housing Opportunity Ordinance Total Units 442 units maximum 418 units proposed 5 415 units of affordable housing:  ◦42 units for very low-income ◦373 units for low-income Affordable rents tied to tax credit rents  Preference will be given to households that live  and/or work in the City or have a Section 8 Voucher Discounted or no-cost supportive services,  programming, and amenities that promote independent living to be available to the residents 6 7 Developer requests modifications to the following sections of the  agreement: local hiring/procurement, increased energy efficiency standards, increased accessibility standards, or provision of social services Local hiring/procurement:  ◦2.11 Local Sourcing Plan. Developer agrees to make a good faith effort to encourage contractors and suppliers to hire and procure locally, to the extent that it is cost effective and does not delay the overall project development schedule. Prior to issuance of Building Permit, Developer shall develop and submit to the Community Development Agency (the “CDA”) a local sourcing plan for the Project targeting, to the extent feasible, the hiring of qualified workers, construction contractors, or the purchasing of goods locally within the City of Santa Ana. The plan must be reviewed and approved by the CDA which if not granted or denied within five (5) Business Days, shall be deemed approved (with such approval not to be unreasonably withheld) and be implemented for the construction of the project prior to issuance of Building Permit. 8 Increased energy efficiency standards:  ◦4.14 Alternative Transportation and Energy Source, Resource Conservation, and LEED Certification. While not a condition of the project’s Density Bonus, in recognition of the City’s desire to optimize the energy efficiency of the project, Developer agrees to consult with the project design team, a CABEC certified 2016 Certified Energy Analyst, a LEED AP Homes (low-rise and mid-rise), LEED AP BD+C (high rise), National Green Building Standard (NGBS) Green Verifier, or GreenPointRater (one person may meet both of these latter qualifications) early in the project design process to evaluate a building energy model analysis and identify and consider energy efficiency or generation measures beyond those required by the TCAC minimum construction standards. Prior to the meeting, the energy analyst shall complete an initial energy model based on either current T24 standards or, if the project is eligible, the California Utility Allowance Calculator using best available information on the project. To the extent financially feasible for the project, Developer agrees to incorporate and optimize energy efficient building materials, methods, and amenities. 9 Increased accessibility standards:  ◦4.15 Emergency Backup Generator. While not a condition of the project’s Density Bonus, in recognition of the City’s desire to optimize the safety and welfare of residents of the project, Developer agrees to consult with the project design team regarding the appropriateness of the emergency planning, routing, lighting, as well as ingress and egress of elevators, hallways, common corridors, parking areas, and stairways. To the extent financially feasible for the project, Developer agrees to reasonably incorporate and optimize such safety provisions and amenities above applicable building code. 1 0 Provision of social services:  ◦4.13 Onsite Supportive Services, Programs and Amenities. Throughout the Term of this Agreement, and to the extent such can be coordinated with and largely supplied by philanthropic and other social welfare providers, Developer shall provide residents of the Project access to discounted or no-cost onsite supportive services, programming, and amenities that promote independent living and include but are not limited to: health and wellness services, transportation services, social activities, and physical or recreational amenities. 1 1 The Developer is proposing to build 970 affordable housing  units on two sites located at 2222 and 2114 East First Street.The Planning Commission approved the entitlements for these projects on September 11, 2017 and June 4, 2018, respectively. On December 19, 2017, City Council conducted a TEFRA  hearing for all three projects. During the hearing and within the staff report, it was made clear that holding the TEFRA hearing was not a commitment to approve entitlements nor to provide any other funding for these projects. On June 26, 2018, the Developer submitted a written request  to the City for a sole source award equal to $60 million comprised of a $15 million loan and $1.5 million per year over a 30-year period. 1 2 On March 20, 2018, City Council adopted Affordable  Housing Funds Policies and Procedures to provide a transparent, open and fair process for developers, businesses, non-profit organizations, individuals and other entities interested in the allocation of affordable housing funds and land assets available to the City for affordable housing development. Per that Policy, on July 2, 2018 an RFP was issued. ◦ Thirteen proposals were received following the issuance of that RFP. On August 20, 2018, the City responded to the  Developer’s request for financial assistance by referring them to our Affordable Housing Funds Policies and Procedures and the RFP that was issued on July 2, 2018. 1 3