26-183
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