pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndGeologicHazardAbatementDistrictBoard/2014-06-17.pdf, 16
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OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndGeologicHazardAbatementDistrictBoard | 2014-06-17 | Concurrent Meeting of the Oakland Meeting Minutes June 17,2014 Redevelopment Successor Agency / City Council / Geologic Hazard Abatement District Board 2.) No specific affordable housing requirement has been imposed on the Broadway Valdez Specific Plan area, because the City is proceeding with a nexus study for a city-wide affordable housing impact fee. The following language puts a timeline for that nexus study on the record and makes it clear to potential developers in the Broadway Valdez District that the City is proceeding with a city-wide study, which will apply to the specific plan area. The following language will be added as a new bulleted item to Section 4.4.7 as follows: Affordable Housing Requirements The City is committed to equitable development in Specific Plan Areas, Priority Development Areas (PDAs) and large development projects that provides housing for a range of economic levels to ensure the development of thriving, vibrant, complete communities. Among other actions, the City will conduct a nexus study and an economic feasibility study to evaluate impact fees for affordable housing, transportation, and capital improvements which will apply citywide, including in the Broadway Valdez District. The study will be completed no later than December 31, 2014. The City will also consider programs for acquisition and land banking of opportunity sites and other affordable housing policies in these areas to ensure that development of affordable housing takes place within the Plan Area. *Note: In order to avoid duplication with the above item, the first two paragraphs in Attachment E to the staff report (item 3, second bullet) will be deleted and replaced with the following: Bonuses and Incentives for Affordable Housing and Community Benefits: The City will explore the feasibility of developing a Housing Overlay Zone (HOZ) that provides an appropriate method for bonuses and incentives that would allow additional heights or density in exchange for the provision of affordable housing and other community benefits. Criteria to consider as part of this analysis are: *Note: The rest of the item remains unchanged. 3. Add the following two paragraphs to the Resolution, between the ninth and tenth "further resolved" paragraphs, to clarify the intent of the City Council City of Oakland Page 16 Printed on 7/1/14 | 16 | OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndGeologicHazardAbatementDistrictBoard/2014-06-17.pdf |