CONSIDER ADOPTING A RESOLUTION TO PROCEED WITH AMENDMENT NO. #2 TO THE FY 2025-27 CITY COUNCIL PRIORITY WORKPLAN, UNDER MAJOR POLICY AREA: EXPAND HOUSING OPTIONS, ADD NEW POLICY NO. 312 - ASSESS THE LEGAL FEASIBILITY OF IMPLEMENTING A POLICY FOR NEW OR PROSPECTIVE DEVELOPMENT AGREEMENTS ENTERED INTO BY THE SUCCESSOR AGENCY/HOUSING SUCCESSOR AGENCY TO REQUIRE THE INCLUSION OF A PREFERRED LOCAL RESIDENT PROVISION FOR A PORTION OF NEWLY CONSTRUCTED AFFORDABLE HOUSING UNITS WHEN PRIVATE DEVELOPERS REQUEST FINANCIAL ASSISTANCE FROM THE HOUSING SUCCESSOR AGENCY’S LOW & MODERATE HOUSING ASSET FUND; AND INCLUDE ALIGNMENT WITH EFFORTS TO MONITOR AND PRESERVE THE LONG-TERM AFFORDABILITY OF UNITS SUBJECT TO AFFORDABILITY RESTRICTIONS OR COVENANTS ESTABLISHED BY THE HOUSING SUCCESSOR AGENCY, AS PART OF OVERALL POLICY IMPLEMENTATION

Committee

City Council

Introduced

April 14, 2026

On agenda

April 20, 2026

Passed

April 20, 2026

Enactment no.

RES 2026-063

Where it was heard

City Council Apr 20, 2026 Adopted Pass

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