Title
Receive a presentation on the County’s Housing Report and Strategic Plan and provide direction to staff.
Presenter: Darby Marshall, Housing Program Manager
Body
RECOMMENDATION:
It is recommended that the Health, Housing, Homelessness, and Human Service Committee receive a presentation on the County’s Draft Housing Report and Strategic Plan and provide direction to staff.
SUMMARY:
The Inclusionary Housing Ordinance requires that the Board of Supervisors receive periodic evaluations of the Inclusionary Housing Ordinance. This Draft Housing Report and Strategic Plan is 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 Plan provides a high-level overview of affordable housing created since 1980's within the 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 County’s 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 the 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 300 for-sale and 900 rental affordable units have been constructed to comply with its requirements. In addition to the units constructed as part of private market development, the Ordinance has raised approximately $5.6 million in in-lieu payments that have helped finance the construction or rehabilitation of approximately 200 affordable units of supportive or spec...
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