Title
Inclusionary Housing Ordinance Update. Update on the City's workplan to consider updates to the inclusionary housing ordinance.
Body
CITY OF ALAMEDA
PLANNING BOARD
WORKSHOP
STAFF REPORT
ITEM NO: 5-B
PROJECT
DESCRIPTION: Inclusionary Housing Ordinance Update. Update on the City's workplan to consider updates to the inclusionary housing ordinance.
GENERAL PLAN: Citywide
ZONING: Citywide
ENVIRONMENTAL
DETERMINATION: Exempt - A workshop discussion has no possibility of an effect on the physical environment.
PROJECT PLANNER: Steven Buckley, Planning Services Manager
PUBLIC NOTICE: No notice is required for a workshop discussion; the agenda was posted at City Hall and on the City's website. Notice will be given more broadly when warranted.
EXHIBITS: 1. Inclusionary Housing Ordinance
2. Inclusionary Housing Worksheet
3. 2024 Income and Rent Limits
4. Consultant Scope of Work
5. Consultant Presentation Slides
BACKGROUND
In 2004, the City Council adopted Ordinance No. 2926, which amended the Alameda Municipal Code (AMC) by adding new section 30-16, Inclusionary Housing Requirements for Residential Projects (see Exhibit 1). Ordinance 30-16 is a mechanism for the development of affordable homeownership and rental housing in Alameda. Implementation of this ordinance is referred to as the Inclusionary Housing Program and housing within the program is referred to as Below Market Rate (BMR) housing. See Exhibit 2 for a brief summary of program guidelines.
The ordinance currently requires that all residential projects with five (5) or more units provide at least 15% of the units with deed restrictions to ensure that the units are affordable to very low-income (4%), low-income (4%), and moderate-income (7%) households. Residential projects with nine (9) units or less may pay a per-unit fee in lieu of providing the deed-restricted units. Any project with 10 or more units must construct the deed-restricted units. These household incomes vary from yea...
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