1. City of Santa Rosa Housing Element Update October 2, 2008

2. Santa Rosa 2035 General Plan Revision ► Focused on Housing Element update ► Will incorporate key policies from other plans ► Will include policies related to climate protection ► To be completed by June 2009

3. Housing Element Update ► Introductory Housing Meeting ► Background data collection/sites inventory ► Presentation of background data – meeting 2 ► Policy development ► Release of draft Housing Element/General Plan ► Presentation of draft Housing Element ► Other opportunities for public involvement

4. Tonight’s Agenda ► Housing Element update program ► HAP Background Report information ► Comments on Draft HE background information ► Current HE policies and programs

5. Housing Allocation Plan Report ► Station Area Specific Plan policy  Acreage based to unit based program  Mixed use exemption  Affordability at 20% very low/low, 20% moderate and 60% above moderate

6. Housing Allocation Plan ► Requires projects of 15 or more acres provide 15% of units for low incomes ► Most projects pay fee in lieu ► 20+ acre projects may provide units off site ► Land dedication is an option ► Exemptions

7. Report analyzes: ► Effects of an on-site requirement  15 percent affordable to low income  20 percent affordable to low income  10 percent affordable to very low, 10 percent to low, 20 percent moderate ► Change from acreage based to unit based requirement ► Elimination of exemption for mixed use developments ► On site versus fees for off site production

8. On site affordable requirement may: ► Reduce prices developers will pay for land ► Integrate affordable units in new development ► Scatter affordable units ► Decrease funds available for affordable housing ► Not reach lower level of affordability

9. Unit based requirement ► More projects required to provide affordable units on site ► Reduce prices developers will pay for land ► Decrease funds available for affordable housing

10. Elimination of mixed use exemption ► Reduce prices developers will pay for land ► Fees or units would be generated in mixed use projects ► On site requirement reduces land budget but less than for residential projects due to value of retail component

11. On site versus off site production On site: ► Disperses units throughout the city, in each project ► Ensures concurrent construction of affordable units ► Level of affordability could be less

12. On site versus off site production In lieu fees (off site): ► Fees can be leveraged to obtain other funds ► Deeper level of subsidy may be achieved ► Units developed are typically rentals, whose long term affordability is more certain

13. Next Steps – HAP Report ► Posted on website for public review ► Integration with Housing Element

14. Full report available: www.srcity.org (Departments>City Admin>Advance Planning) www.srcity.org

15. Draft Housing Element Background ► Existing conditions – housing costs and supply, special needs, constraints, programs ► Comments / questions

16. Housing Element Policies & Programs ► Existing policies ► Existing housing programs

17. General Plan Update Timeframe ► Draft General Plan December 2008 ► Submittal of Housing Element to State ► Boards/Commission review in early 2009 ► City Council April 2009