HomeMy WebLinkAboutCity Council - 6323 RESOLUTION NO. G 3 3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH ADOPTING AN INTERIM
AFFORDABLE HOUSING STRATEGY
WHEREAS, the City Council of the City of Huntington Beach
adopted and received certification by the State Department of
Housing and Community Development for its 1989 Housing Element
in accordance with Section 65585(a) of the California Government
Code; and
The City Council finds that the policies in the Housing
Element encourage increasing the supply of housing affordable to
low and moderate income households; and
The City Council has adopted policies which assure
accessibility to decent housing for all; and
The City Council encourages and promotes the availability of
a range of housing types throughout the community; and
In order to help implement the State-certified goals of the
Housing Element of the General Plan, the City Council desires to
adopt an interim Housing Strategy until such time as a
comprehensive long range implementation plan is approved,
NOW, THEREFORE, the City Council of the City of Huntington
Beach does hereby resolve as follows :
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1. The Interim Housing Strategy of the City of Huntington Beach
is as follows :
A. General Affordable Housing Requirements
Any residential development that receives a "benefit"
as a result of a public action which ultimately
increases the value of the project, shall provide a
minimum of 20% of the units for low and/or moderate
income households, either on-site or off-site. The
basic philosophy behind this policy reasons that the
City should receive a benefit in return for a benefit
granted. For example, if one acre of an industrial
property is re-designated to residential, the value of
the property increases significantly. A portion of the
increased value should be returned to the City to meet
the adopted affordable housing goals of the Housing
Element .
Examples of benefits include, but are not limited to,
the following:
1) A General Plan Amendment
2) Zone Change/Specific Plan
3) Development Agreement with the City
4) Direct financial assistance from the City or Agency
5) Significant modification to development standards
which can be translated into a financial savings
to the project
B. Specific Affordable Housing Requirements
1) Master-planned communities exceeding ten (10)
acres shall provide, either on-site or off-site,
20% of the units at affordable levels .
a . For sale or for rent units shall meet
moderate income levels, rather than very low
and low-income levels . However, the
City/Agency shall have the option to assist
in making the unit affordable to
lessor-income groups by developing a specific
program with the developer in advance of
commencement of design specifications .
b. For sale units shall also meet first time
buyer requirements . There shall be no resale
covenants attached to the particular
projects; except that the City/Agency shall
be given the first right of refusal at future
resale (market value) of such units in order
to maintain the availability of affordable
units .
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2) Assisted units (bond financing, down payment
assistance, interest write downs, etc. ) shall include
covenants regarding resales .
a . For sale units and rental units need only to meet
moderate income levels, (unless specified
otherwise by the financing program) but shall be
required to maintain that level for thirty (30)
years . City/Agency financially assisted units may
be provided with longer terms .
3) Developments of less than ten (10) acres, whether for
sale or rental units or single-family detached
subdivisions may:
a. Build 20% of the required affordable units at an
alternate location within the City. Such
alternate locations must be under the control of
the applicant at the time the development
application is submitted to the City for approval .
b. Rehabilitate existing units and ensure long-term
affordability through recordation of restrictive
covenants .
C. Preserve existing affordable units by recording
covenants that ensure long-term affordability.
d. Prepare a program which is designed .to generate
new opportunities for affordable housing, subject
to approval of the City/Agency.
e. Make an in-lieu fee payment to an affordable
housing trust fund, if such a program is adopted
by the City Council .
PASSED AND ADOPTED by the City Council of the City of Huntington
Beach at a regular meeting thereof held on the day of
1991.
Mayor
ATTEST: APPROVED AS TO FORM:
City Clerk /J City Attorney
REVIEWED AND APPROVED: INI IATED AND APPROVED:
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City Administrator rect CorgFunlftf Development
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