HomeMy WebLinkAboutPresentation - #28CITY COUNCIL
HOUSING AD HOC COMMITTEE
PROGRESS REPORT & HOO
RECOMMENDATIONS
J U LY 61 2021
PURPOSE
For the City Council to:
Receive a report on the progress of the
Housing Ad Hoc Committee
Discuss the changes recommended by the
Committee to the Housing Opportunity
Ordinance
Provide direction to staff
HOUSING AD HOC COMMITTEE
Progress & Recap
✓ Mayor & City Council formed the Housing Ad Hoc Committee on March 2,
2021
✓ Key Affordable Housing Discussion Topics
a. Housing Opportunity Ordinance
b. Rent Stabilization/Rent Control
c. Just Cause Eviction Policies
d. Forms of land ownership
e. Fee Reductions
f. Regulatory Streamlining
✓ Recommending changes to the HOO
✓ Committee will return with additional recommendations regarding rent
stabilization & rent control and just cause evictions policies
✓ Remaining topics (d-f) to be evaluated and considered as part of the General
Plan and Housing Element updates
The Gap: Rent & Income
40%
30%
20%
10%
0% f
-10%
-20%
2006 2010 2015 2019 2006 2010 2015 2019
Orange County, California Santa Ana, California
Cumulative % Change (Rent) —Cumulative % Change (Income)
Housing Wage to Afford 2-
Bedroom Multi -Family Rental Unit
Pa` $30.72 �•i
I •
• 92706•
s
•• 92703
92701 $28.30
$30.90
�92704
39.32
,$32.57
36.14 705
a<
Legend
Housing Starts 2010 — 2020
SFD (383 points)
• RDU (106 points)
MF2-4 (21 points)
• MF5, (851 points)
Housing Wage for
2-bedroom unit
$28 30
$28.31 - $30.90
$30.91 - $32,57
— $32.58 - $39.32
DJN
0.5 0 1
�M fles
3-Bedroom Affordability for 5-
Person Families, by Zip Code
92707
92706
'.l► 061
92704
92703 _
92701 L
92701
92703 92704 92705 92706 92707
Subsidized
51
117 - - 16 18
* NOAH
43
- 1 2 1 5
■ Unaffordable
55
46 133 118 150 128
Market + No rate data
87
26 16 2 4 16
92705
a`
2%
92706
10%
701
703
0
40% -
r
1%
92704
2%
92707
92705
kG
asp
Legend
Percent of Units Affordable
0.00% - 10.00
Omni 10,01%-25-00%
- 25-01'A - 45.00%
- 45.%-
0 N
0-5 0
Miles
KEY HOO PROVISIONS & COMMITTEE
RECOMMENDED CHANGES
Residential projects with 20 or more units
• Increase in the residential density prescribed by the
General Plan or mixed -use development standards
• Conversions of rental units to condominium ownership
• Applies to only incremental units above the permitted
density
• Requires construction on site if the project will
displace existing low & very low income households
• 10% Moderate Income (81-120%AMI)
• 15% Low Income (51-80% AMI)
• 10% Very Low Income (31-50% AMI)
• Build onsite
• Build offsite
• Rehabilitate existing housing stock
• In -Lieu Fee: $5/sf
• No Change
• Include increase in the residential density permitted
by the zoning classification
• Inclusive of all City initiated General Plan
Amendments and Zone Changes after November 28,
2011
• 5% Extremely Low Income (0-30% AMI) category for
Units for Rent
• Set In -Lieu Fee at $15/sf
AdditionalIn addition to existing eligible uses the inclusionary
enhancements housing fund, prioritize housing security, eviction
prevention, housing legal assistance, and programs
promoting creation of large bedroom units and
focusing on extremely low income families.
Supportable In -Lieu Fee
$17.10 to $17.80/Sq. Ft. of Leasable
Area
$13.00/Sq. Ft. of Saleable Area
2021 In -Lieu Fee Analysis by KMA
City Council Discussion