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a. Receive a report on the Periodic Evaluation of the Inclusionary Housing requirements contained in Chapter 18.40 of the Monterey County Code; and
b. Provide direction to staff on the Affordable Housing a Strategic Plan for updating the County’s affordable housing policies in the future.
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RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Receive a report on the Periodic Evaluation of the Inclusionary Housing requirements contained in Chapter 18.40 of the Monterey County Code; and
b. Provide direction to staff on the Affordable Housing a Strategic Plan for updating the County’s affordable housing policies in the future.
SUMMARY:
Chapter 18.40 of the Monterey County Code (“Inclusionary Housing Ordinance”) requires that the Board of Supervisors receive periodic evaluations of the Inclusionary Housing Ordinance. The 2024 Housing Report and draft Strategic Plan are intended to provide the required evaluation pursuant to the Ordinance and to provide an outline for updates to affordable housing policies going forward. As presented, the Housing Report and Strategic Plan provide a high-level overview of affordable housing created since 1980s within Monterey County, including the number and types of units, and the source of funding for these units.
DISCUSSION:
The Board of Supervisors made its first affordable housing policy declaration in October 1980 when it adopted the first Inclusionary Housing Ordinance. Since 1980, approximately 7,300 affordable rental units and 1,500 affordable owner-occupied units have been constructed, rehabilitated, or purchased with public financial assistance throughout Monterey County. Of the 8,800 affordable units, approximately 1,500 are in the unincorporated areas of Monterey County. The County has provided more than $48 million in grants and loans to support affordable housing countywide.
Since the Board of Supervisors adopted the first Inclusionary Housing Ordinance, approximately 30...
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