Inclusionary Housing in Pasadena Bill Huang Director of Housing - - PowerPoint PPT Presentation

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inclusionary housing in pasadena
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Inclusionary Housing in Pasadena Bill Huang Director of Housing - - PowerPoint PPT Presentation

Oct 21, 2023 175 likes •329 views

Housing & Career Services Department Inclusionary Housing in Pasadena Bill Huang Director of Housing and Career Services 1.30.18 Ordinance Basics Housing & Career Services Department Enacted in 2001 > Split vote, strong

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Housing & Career Services Department

Inclusionary Housing in Pasadena

Bill Huang Director of Housing and Career Services 1.30.18

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Housing & Career Services Department

Ordinance Basics

  • Enacted in 2001

> Split vote, strong opposition, threat of litigation

  • Applies to housing developments of 10+ units

> Rental: 10% Low Income and 5% Moderate Income > For-Sale: 15% Moderate Income > Developer may provide fewer units but at deeper affordability level (e.g., 1 Very Low instead of 2 Mod)

  • Affordable housing deed restrictions

> Rental: In perpetuity > For-Sale: 45 years

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Housing & Career Services Department

Ordinance Basics

  • Developer Options

> Provide Inclusionary units within the development > Pay Inclusionary In-Lieu Fee > Provide the units on another property (“off-site”) > Donate land w/ value equivalent to the fee

  • Incentives to provide Inclusionary units on-site

> Density bonus: Inclusionary units can be credited towards affordable units required for density bonus > Residential Impact Fee Reduction $957 vs $21,651 per 2-bd unit > Building Permit Fee partially waived > Traffic Impact Fee discounted

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Housing & Career Services Department

Inclusionary Production

Inclusionary units produced: 530

  • Under construction

> 7 projects w/ 68 Inclusionary units > 41 rental, 28 for-sale > 48 Low/Very Low income, 20 Moderate income

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Very Low Low Moderate TOTAL % Rental 148 66 264 478 92% For-Sale 7 2 43 52 8% TOTAL 155 68 307 530 100% % 29% 13% 58% 100%

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Housing & Career Services Department

Westgate Apts (96 units VLI)

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Housing & Career Services Department

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Haskett Court (6 units, off-site)

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Housing & Career Services Department

Inclusionary Map

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MTA MTA MTA MTA MTA MTA

NW Pas

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Housing & Career Services Department

In-Lieu Fee

  • Half due at building permit issuance
  • Half due at C of O issuance
  • $21.9M to date, and leveraged $2M State

funds (Local Housing Match Program)

  • Fee amount based on size of development and

applicable In-Lieu Fee rate

  • In-Lieu Fee rates adjusted annually by CPI
  • Ordinance provides for periodic analysis to

adjust fees for changes in housing market

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Housing & Career Services Department

Inclusionary Sub-Areas

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$1.19 – $33.76/sf $16.86 - $63.89/sf

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Housing & Career Services Department

In-Lieu Fee

How the fee is calculated for a project Example: 40-unit rental project in Sub-Area “B”

  • Project has 36,000 sf net residential floor area
  • Sub-Area “B” In-Lieu Fee rate = $25.21 per sf
  • In-Lieu Fee = 36,000 sf x $25.21 per sf

= $907,560

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Housing & Career Services Department

Summit Grove

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Housing & Career Services Department

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Marv’s Place

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Housing & Career Services Department

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Heritage Square Seniors

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Housing & Career Services Department

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Pasadena Inclusionary Housing

How can Pasadena’s Inclusionary Housing Program be improved?