SUBJECT: Report to Consider Adoption of a Resolution Approving a Regional Housing Needs Allocation (RHNA) Unit Production Plan to Support the Production of Affordable Housing Units REPORT IN BRIEF Pursuant to City Council Policy direction, consider Merced City Council Resolution 2022-15 approving a Regional Housing Needs Allocation Unit Production Plan requiring new residential development projects which require specific discretionary land use entitlements to produce ten percent (10%) of the total proposed residential units as affordable housing allocated to Extremely Low, Very Low-, Low, and Moderate income levels, considers exemptions or exclusions to the policy, sets affordability terms, provides other options to meet the affordability goals, outlines potential City assistance programs; and, consider any modifications to the plan such as increasing the affordability requirement up to fifteen percent (15%), and should the Council seek to increase the affordability requirement past (15%) provide direction to initiate a Request for Proposals (RFP) to seek a consultant to prepare a Feasibility - Nexus Study for legal compliance. RECOMMENDATION City Council - Adopt a motion: A. Adopting Resolution 2022-15, a resolution of the City Council of the City of Merced, California, approving a Regional Housing Needs Allocation Unit Production Plan to support the production of affordable housing units; and, B. Consider modifications to the recommended Plan such as increasing the affordability requirement up to fifteen percent (15%); and, C. Consider providing direction to initiate a Request for Proposals (RFP) to prepare a Feasibility - Nexus Study for legal compliance purposes.

Committee

City Council/Public Finance and Economic Development Authority/Parking Authority

Introduced

February 1, 2022

On agenda

April 4, 2022