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HomeMy WebLinkAboutStaff Report 4.F 10/21/2019Agenda Item #4.F October 21, 2019 Honorable Mayor and Members of the City Council through City Manager Tiffany Robbe, Senior Planner Heather Hines, Planning Manager SUBJECT: Resolution Approving Alternative Compliance with Inclusionary Housing Requirements Pursuant to Implementing Zoning Ordinance Section 3.040 for the Haystack Pacifica Project RECOMMENDATION It is recommended that the City Council adopt a resolution approving Alternative Compliance with inclusionary housing requirements pursuant to Implementing Zoning Ordinance (IZO) Section 3.040 for the Haystack Pacifica Project to allow an alternative mixture of units by income levels and authorizing that the 15% onsite inclusionary units be available to low-income households. BACKGROUND In 2018 the City Council amended the General Plan to modify Housing Element program 4.3 to require 15% onsite inclusionary housing for residential development of five or more units and require affordability restrictions for 55 years for rental developments. This modification was in response to AB 1505 and sought to increase production of affordable housing units in the City to provide essential housing for all Petaluma residents. Also in 2018, the City Council adopted IZO Section 3.040 to codify and implement revised Housing Element program 4.3. IZO Section 3.040 requires that homeownership and rental projects consisting of five or more units provide 15% of project units as onsite inclusionary housing. Additionally, Section 3.040 specifies income thresholds for both rental and ownership projects, requiring that 7.5% of rental projects be made affordable to very -low-income households and 7.5% be made affordable to low-income households. Both the revised Inclusionary Housing Program and the Inclusionary Housing requirements added to the IZO provide for alternative compliance to satisfy a project's inclusionary housing requirement at the sole discretion of the City Council. IZO Section 3.040.D.3 specifically identifies an alternative mixture of units by income level as a potential way of satisfying a project's inclusionary housing requirement through alternative compliance. When the Council approved amendments to the IZO to add Section 3.040 they adopted an effectiveness clause that allowed residential development that was deemed complete prior to January 1, 2019 to be processed under the previous inclusionary housing provisions. The Haystack Page 1 Pacifica Project was deemed completed on March 12, 2019 and therefore is subject to the inclusionary requirements as adopted in 2018. On May 28, 2019 the Planning Commission approved Resolution No. 2019-09 approving Site Plan and Architectural Review (SPAR) and associated SmartCode Warrants for the Haystack Pacifica Project. The approved project includes construction of 178 multi -family units, approximately 24,855 square feet of ground floor commercial and additional tenant amenity areas in the block bordered by East Washington, Copeland, Weller, and East D Street (Figure 1). The approved project includes construction of the Transverse Street and frontage improvements on Figure 1: Project Location all sides. Additionally, the approved project includes 15% onsite inclusionary housing to be distributed throughout the project and to include a mixture of unit types to match the overall make up of the project (2 studios, 9 1 -bedrooms, 14 2 - bedrooms, and 2 3 -bedrooms). Figure 2: First Floor Building Plan Figure 3: Copeland Street Elevation Page 2 Figure 4: Weller Street Elevation PROJECT DESCRIPTION Pacifica Companies submitted a request for alternative compliance consistent with IZO Section 3.040.1) and proposing an alternative mix of units by income to allow all onsite inclusionary units (estimated as 27 units based on current 178 -unit count) to be available to low-income households. The justification for this request as outlined in the applicant's materials (Attachment 2) is to reduce ongoing project costs associated with increasing construction costs, development impact fees, infrastructure improvements, and onsite inclusionary requirements. As proposed, alternative compliance would only impact the income mix, allowing all 15% of the units to be available to low-income households instead of splitting between 7.5% to low and 7.5% to very -low as is required for rental projects. DISCUSSION Given the City's expressed desire for affordable housing and the Project's location near the SMART station, the Haystack Pacifica project design, refined over years of community and City review, had long included the proposal to provide 15% of its units at a rate affordable to low- income households. According to the applicant, the Project's financials were based on providing the 27 onsite inclusionary units at the 80% area median income (AMI) rate. Because the Project was not deemed complete until March 2019 it is subject to the current inclusionary housing requirements as outlined in IZO Section 3.040. Subsection 3.040.D. provides for Alternative Compliance in how a project satisfies the required inclusionary housing at the sole discretion of the City Council. The IZO outlines several examples of ways to a project's inclusionary housing requirement through alternative compliance, including "alternative mixture of units by income levels". IZO Section 3.040.E.6. specifies that "in considering requests from a developer for alternative compliance to creating inclusionary housing units the City Council's consideration will include whether creating inclusionary affordable units would render the overall project financially infeasible under then current economic conditions". While Pacifica Companies did not opt to provide detailed project financial information as part of their request, the submittal materials (Attachment 2) indicate that providing half of the onsite inclusionary housing units at the very low-income level would compound other increasing costs and potentially render the project financially infeasible. Attachment 2 notes that providing the affordable units at the income level split specified by the IZO would create a $100,000 annual project shortfall, and that shortfall along Page 3 with the rising costs of construction, development impact fees, and significant infrastructure requirements conditioned on the project make the project infeasible. It is recommended that the City Council approve the request for alternative compliance based on the following findings: • The Project has long been forward -thinking, compliant with City planning and zoning requirements, and committed to providing 15% affordable housing onsite. The project was designed to include 15% affordable housing onsite when previous inclusionary housing requirements allowed payment of in -lieu fee which would have been notably less expensive for the developer. • Consistent with the reasoning for adopting the effectiveness clause that allowed project's deemed complete prior to January 1, 2019 to be processed under the previous inclusionary housing provisions, the Haystack Pacifica project had been in process for considerable amount of time with a significant commitment of both time and finances by the applicant to engage in community outreach and redesign efforts. • The Project is compliant with Housing Element Program 4.3 as amended on November 19, 2018, in that it provides 15% onsite inclusionary with affordability restrictions of 55 years. • With approval of Alternative Compliance by the City Council the Project is consistent with IZO Section 3.040, including provision of 15% affordable housing units on-site distributed throughout the Project with a unit mix that mirror the mix in the larger Project (2 studios, 9 1 -bedrooms, 14 2 -bedrooms, and 2 3 -bedrooms), and with duration of the affordability covenants to be at least 55 years. • Petaluma's Regional Housing Need Allocation for the 2015-2023 cycle indicates 103 low income units available at 51 % to 80% of average median income and as of June 30, 2019 only 18 permits had been issued for low income units, representing a significant unmet need within the low-income category. Regional Housing Need Allocation 2015-2023 Income Category New Units Needed Permits Issued % Met Very Low 199 9 5% 0 - 50% AMI Low 103 18 17% 51 - 80% AMI Moderate 121 76 63% 81 - 120% AMI Above Moderate 322 704 219% > 120% AMI TOTAL 745 807 • The project site is one of the three "catalyst" sites within the City and determined to "present the best opportunity for transforming the Station Area, meeting the goals of the General Plan and the CPSP and the community's vision" (Station Area Master Plan). The SAMP envisions transformation of the Station Area via development and redevelopment of the area toward pedestrian -oriented, livable, mixed-use environments that support transit ridership. The SAMP states that alternative solutions may be necessary to spur Page 4 development on catalyst sites in the short term and specifically SAMP recommends consideration of measures to increase project profitability and probability of financing. ENVIRONMENTAL REVIEW The Project has been reviewed under the provisions of the California Environmental Quality Act (CEQA) Guidelines. An Environmental Checklist for Streamlined Review (CEQA Analysis) was prepared as part of the Haystack Pacifica Project review. It found that the project is eligible for several CEQA Exemptions set forth in the CEQA Guidelines including the Community Plan Exemption (15183), Consistency with Program Environmental Impact Report (EIR) (15168), and a Class 32 Infill Exemption (15532). In addition, the Project is exempt from CEQA in accordance with California Government Code Section 65457, projects that are consistent with a Specific Plan EIR. Authorizing alternative compliance by allowing an alternative mixture of units by income levels will not in and of itself institute a material change in the environment; therefore, pursuant to §15061(b)(3) (Review for Exemption, General Rule) of the CEQA Guidelines, there is no possibility that the study may have a significant effect on the environment. FINANCIAL IMPACTS The costs associated with processing this request for Alternative Compliance request is billed on a time and materials basis to the project's cost recovery account. ATTACHMENTS Attachment 1. Resolution approving Inclusionary Housing Alternative Compliance Attachment 2. Pacifica's Statement dated September 23, 2019 Attachment 3. IZO Section 3.040 — Inclusionary Housing Attachment 4. General Plan Housing Element Program 4.3 Page 5 ATTACHMENT 1 RESOLUTION OF THE CITY OF PETALUMA CITY COUNCIL RESOLUTION APPROVING ALTERNATIVE COMPLIANCE WITH INCLUSIONARY HOUSING REQUIREMENTS PURSUANT TO IMPLEMENTING ZONING ORDINANCE SECTION 3.040 FOR THE HAYSTACK PACIFICA MIXED USE PROJECT LOCATED AT 215 WELLER STREET APN: 007-143-003, 004, 007, 014, and 015 FILE NO. PLMA-16-0001 WHEREAS, in January 2016 Pacifica Companies filed an application requesting Site Plan and Architectural Review and associated SmartCode Warrants for the Haystack Pacifica project, including 178 dwelling units, approximately 24,855 square feet of ground floor commercial, and additional tenant amenity areas located at 215 Weller Street Assessor's Parcel Numbers 007-143- 003, 004, 007, 014, and 015 (the "Project"); and WHEREAS, at the time the application was submitted the City's inclusionary housing policy encouraged onsite inclusionary housing within '/Z mile of the SMART station but allowed payment of in -lieu fee to satisfy inclusionary requirements. WHEREAS, since early in the entitlement process, Pacifica Companies agreed to provide 15% of the total multi -family units as on-site affordable housing units (27 units); and WHEREAS, in 2018 in response to AB 1505 the City amended the General Plan to revised housing element program 4.3 to require 15% onsite inclusionary housing for residential development of five or more units and require affordability restrictions for 55 years for rental developments; and WHEREAS, housing element program 4.3 provides that developers may fulfill their inclusionary requirement subject to approval by the city council using alternative methods; and WHEREAS, also in 2018, to implement the updated housing element program 4.3, the City adopted a Zoning Text Amendment to codify inclusionary housing requirements for all residential projects of five units or more to provide a minimum of 15% onsite affordable units and specifying that for rental projects said 15% onsite affordable units must be split between very -low and low-income; and WHEREAS, as adopted, IZO Section 3.040.1) provides for alternative compliance as other ways to satisfy a project's inclusionary housing requirement and provides for review of alternative compliance on a project by project basis at the sole discretion of the City Council; and WHEREAS, IZO Section 3.040.D.3. specifically identifies an alternative mixture of units by income level as a potential way of satisfying a project's inclusionary housing requirement through alternative compliance; and WHEREAS, when IZO Section 3.040 was adopted by the City Council there was an effectiveness clause that allowed residential development that was deemed complete prior to January 1, 2019 to be processed under the previous inclusionary housing provisions which allowed ATTACHMENT 1 payment of housing in lieu fees instead of construction of onsite units; and WHEREAS, the Haystack Pacifica project was deemed complete on March 9, 2019; and WHEREAS, the Haystack Pacifica project is subject to the inclusionary requirements as laid out in IZO Section 3.040; and WHEREAS, at a duly notice public hearing on May 28, 2019 the Planning Commission approved Resolution No. 2019-09 approving Site Plan and Architectural Review and associated warrants for the Haystack Pacifica project, and including the provision of 15% onsite inclusionary housing; and WHEREAS, on September 24, 2019 Pacifica Companies submitted a request for Alternative Compliance to inclusionary housing requirements pursuant to IZO Section 3.040.1), specifically requesting an alternative mixture of units by income level to provide 15% onsite inclusionary at the low-income level; and WHEREAS, the City Council considered Pacifica Companies' request to satisfy the city's inclusionary housing requirement through Alternative Compliance at their regular meeting on October 21, 2019 and considered the staff report dated October 21, 2019; and NOW THEREFORE, BE IT RESOLVED that the City Council approves an alternative mixture of units by income level to allow all 15% of onsite inclusionary housing to be provided to low income households as Alternative Compliance to satisfy the inclusionary housing requirement for the Haystack Pacifica Projects and adopts the following findings: 1. The foregoing recitals are true and correct and incorporated herein by reference. 2. The project is consistent with Housing Element Program 4.3 in that the project provides 15% of the units onsite for use as affordable housing with affordability restrictions for 55 years for rental development. 3. Implementing Zoning Ordinance Section 3.040 outlines the city's inclusionary housing requirements and Subsection 3.040.1) provides for Alternative Compliance at the sole discretion of the City Council. An alternative mixture of units by income level is explicitly listed to meet alternative compliance. 4. With approval of Alternative Compliance by the City Council the Project is consistent with IZO Section 3.040, including provision of 15% affordable housing units on-site distributed throughout the Project with a unit mix that mirror the mix in the larger Project (2 studios, 9 1 -bedrooms, 14 2 -bedrooms, and 2 3 -bedrooms), and with duration of the affordability covenants to be at least 55 years. 5. Petaluma's Regional Housing Need Allocation for the 2015-2023 cycle indicates 103 low income units available at 51% to 80% of average median income and as of June 30, 2019 only 18 permits had been issued for low income units, representing a significant unmet need within the low-income category. 1-2 ATTACHMENT 1 6. The Haystack Pacifica project site is identified as one of the three Catalyst sites within the City and determined to "present the best opportunity for transforming the Station Area, meeting the goals of the General Plan and the CPSP and the community's vision" (Station Area Master Plan). The SAMP envisions transformation of the Station Area via development and redevelopment of the area toward pedestrian -oriented, livable, mixed-use environments that support transit ridership. 7. The Station Area Master Plan states that alternative solutions may be necessary to spur development on the Catalyst sites in the short term and specifically recommends consideration of measures to increase project profitability and probability of financing. 8. Haystack Pacifica has identified a financial shortfall for the approved project due to project costs associated with increasing construction costs, development impact fees, infrastructure requirements, and onsite inclusionary housing. The requested alternative compliance to the prescribed income mix for onsite inclusionary would reduce ongoing project costs by approximately $100,000 per year and is anticipated to enable build out of the Haystack Pacifica project including the inclusionary units. 1-3 Attachment 2 PA CIF'Kik O M P A M I E S Shaping real estate globally... since 1978 September 24, 2019 City of Petaluma 11 English Street Petaluma, CA 94952 RE: HAYSTACK PROJECT Honorable Mayor and Members of the City Council, We at Pacifica Companies are requesting an alternative compliance for the inclusionary housing aspect of our project. We would like to start the conversation as to why our project is requesting alternative compliance for Ordinance NO. 2663. We acquired this property in 2012, with the intent and commitment to supply affordable housing in our project. We proposed suppling 15% of the project (27 units) at 80% AMI. This was discussed and agreed upon with the Housing Administrator as early as 2016 with the first submittal to the Planning Department. Unfortunately, our plans were not deemed complete until March of 2019. With the new Ordinance we will be required to provide 50% at 50% AMI and 50% at 80% AMI, leaving us an unforeseen shortfall of over $100,000 annually. This along with the rising cost of construction, development impact fees, and the infrastructure upgrade requirements as conditioned for this project, are making this project infeasible. We are requesting City Council allow us to supply inclusionary housing for our project at the original proposal of the 15% affordable units (27 units) at 80% AMI. We thank you for your time and your consideration. Sincerely, Abbie Hawkins l Attachment 3 Implementing Zoning Ordinance Excerpt Section 3.040 — Inclusionary Housing This section shall govern inclusionary housing as part of residential development pursuant to Housing Element Policy 4.2 and associated Program 4.3. A. Applicability. The provisions of this section shall apply to all residential projects of five or more units, including residential components of mixed-use projects. B. Requirements. All residential projects of five or more units shall comply with the following requirements: 1. Location. Unless otherwise permitted in accordance with this section, inclusionary housing units shall be provided on the site of the residential development. 2. Quantity. The number of onsite inclusionary housing units shall be equal to or greater than 15 percent of the total number of residential units or lots in the residential project. 3. Income Levels. The following income restrictions shall apply based on the ownership structure of the residential project. a. Inclusionary housing units in a rental project shall be made affordable to very low and low income households as follows: 7.5% of the total number of residential units or lots in the residential project shall be affordable to very low income households and 7.5% of the total number of residential units or lots in the residential project shall be affordable to low income households. b. Inclusionary housing units in an ownership project shall be made affordable to low and moderate income households as follows: 7.5% of the total number of residential units or lots in the residential project shall be affordable to low income households and 7.5% of the total number of residential units or lots in the residential project shall be affordable to moderate income households. 4. Duration. Affordable units required pursuant to this section shall be made subject to affordability covenants that are binding on owners of the units and their successors for a duration of at least 55 years in the case of rental projects and for a duration of at least 45 years in the case of ownership projects. 5. Fractional Units. In determining the number of inclusionary units required to be provided pursuant to this section, fractional units shall be rounded up to the nearest whole integer. For fractions less than 0.5 the number shall be rounded down and the fractional unit shall be paid by applicable in -lieu fee. For fractions 0.5 or greater, the number shall be rounded up to the nearest whole integer to provide onsite units. For example, in the case of a 20 unit residential rental project, provision (13)(3)(a) would require making 7.5% or 1.5 of the units affordable to very low income households, and 7.5% or 1.5 of the units affordable to low income households. In this example, the inclusionary unit obligation for the project would be rounded up to 2 units affordable to very low income households and 2 units affordable to low income households. C. Inclusionary unit development standards. In addition to other development standards and requirements set forth in this ordinance and other applicable laws and regulations, all inclusionary housing units shall be consistent with the following standards: 1. Inclusionary units shall be constructed and occupied concurrently with or prior to the construction and occupancy of the market rate residential units in the project, unless an alternative schedule based on extenuating circumstances is adopted as part of the project approval. In phased projects inclusionary units shall be constructed and occupied in proportion to the number of units in each phase of the project. 2. Inclusionary units shall be distributed throughout the residential project site, to the fullest extent practicable. Ordinance No. 2300 N.C.S. 3-1 3. The design, appearance and general quality of the affordable units shall be comparable and compatible with the design of the market rate units as determined through the Site Plan and Architectural Review process, provided that all other zoning and building codes are met. D. Alternative Compliance. At the sole discretion of the City Council, a project's inclusionary housing requirement may be met through alternative compliance in one of the following ways or a combination thereof: 1. Donation of a portion of the project site or an off-site property to the City or a non-profit organization deemed acceptable by the City for development of affordable housing; or 2. Payment of a housing in -lieu fee established by the City's adopted fee schedule; or 3. Alternative mixture of units by income levels; or 4. Use of an alternative method, such as provision of a smaller percentage of onsite inclusionary units coupled with payment of in -lieu fee for the inclusionary units not provided. E. Submittal Requirements. All applications submitted to the City for development of a residential project of five or more units or a mixed-use project including a residential component of five or more units shall include the proposed method of satisfying the requirements of this section. Compliance with the inclusionary housing requirements shall be reviewed as part of the development review process and presented to the decision making body as part of the overall project analysis for consistency with both the City's General Plan and this section. Submittal requirements to demonstrate compliance with this section shall include the following: 1. Total number of residential units in the project 2. Number of onsite inclusionary units 3. Proposed sale price of both market rate and inclusionary units and/or proposed rental price for both market rate and inclusionary units 4. Location of onsite inclusionary units within the project 5. Size and bedroom count for the proposed inclusionary units 6. Should the applicant wish to request alternative compliance from the City Council, the application shall include the request and describe the method and details of proposed alternative for compliance. In considering requests from a developer for alternative compliance to creating inclusionary affordable units, the City Council's consideration will include whether creating inclusionary affordable units would render the overall project financially infeasible under then current economic conditions. To that end, the developer may, at its option and at its own expense, provide its project financial information to an independent third -party housing/real estate analyst retained by the City to conduct a financial feasibility analysis. The independent analysis will be conducted utilizing the applicant's data, and any additional information that may be required of the developer to complete a thorough assessment. The independent analyst shall employ recognized best practices for the industry and render a detailed recommendation to the City Council to support its conclusions. Any of the developer's sensitive proprietary information shall be redacted before making the report public to the extent permitted by law. Ordinance No. 2300 N.C.S. 3-2 Attachment 4 OTY (1V N.'TALLMA0'J.5.. 0,,,.`".,:. F ..AJS Nfin :Lt"MEf''TI F'�::)[:c -= Assign a share of the responsibility for providing affordable housing to the developers of market -rate housing and non-residential projects. Program: 4.3 Require developers of residential projects, both homeownership and rentals, of five or more units to provide 15% of the units on-site for use as affordable housing with affordability restrictions for 45 years for homeownership developments and affordability restrictions for 55 years for rental developments. Subject to approval by the City Council, developers may fulfill their inclusionary requirement by one of the following ways: a. Donate a portion of the project site or property to the City or a non-profit organization for use as affordable housing. b. The developer may make an in -lieu payment to the City's Housing Fund in an amount equal to a 20% inclusionary requirement. c. Use alternative methods, such as but not limited to, requesting a smaller percentage of on- site units, and/or donating a separate parcel of land for development of affordable housing to otherwise satisfy the objectives of the City's inclusionary policies reflected in this program. Responsibility: City Council, Planning Division, and Housing Division, Funding: Housing Fund Schedule: 11/19/18 —1/31/2023 (This program was revised 11/19/18 per resolution by the City Council) City of Petaluma Housing Element 4-1