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8.C. - Page 15 <br /> COMMISSIONER QUESTIONS <br /> Commissioner Hale asked if 80% of median is City or County. Ms. O'Dell <br /> replied that it is a County number. Commissioner Hale asked how often <br /> that number is reassessed. Ms. O'Dell stated that San Mateo County <br /> reassesses those numbers every year. <br /> Commissioner Hale asked how families are monitored for whether or not <br /> they remain under the 80% threshold once they are in affordable housing. <br /> Ms. O'Dell stated that the City Staff does that monitoring, but this package <br /> includes a recommendation for deed restriction. Deed restriction includes <br /> reporting requirements related to City monitoring of affordable unit renters. <br /> Mr. Aknin stated that every year renters need to show income verification to <br /> the property manager who turns that information over to the City. <br /> Commissioner Radcliffe noted that some affordable projects are entirely <br /> affordable, but some forthcoming projects will have some affordable and <br /> some that are not affordable. Ms. O'Dell stated that is correct. <br /> Commissioner Schmidt asked if some required affordable units could also <br /> turn into impact fees. Ms. O'Dell stated that new market-rate projects are <br /> subject to the new affordable housing impact fee, where the developer <br /> either pays the fee or puts affordable units on-site. This recommendation <br /> requires 375 affordable units that cannot be paid off with an impact fee. <br /> Commissioner Schmidt stated that at some point he would like an idea of <br /> how many affordable unit opportunities have been lost because the <br /> redevelopment agencies were lost. <br /> PUBLIC HEARING <br /> M/S (Hale/Schmidt) to open the public hearing <br /> Lisa Carlos, Redwood City resident, stated that she wonders if the <br /> recommendation tonight truly represents the City's socioeconomic diversity. <br /> She stated that this proposal is overdue but does not go far enough. She <br /> spoke about the impacts caused by high density development. High <br /> density development requires more low-income workers who in turn need <br /> more low-income housing. She noted that the RHNA for 2015-2023 <br /> suggests that 40% of units be for low or very low income households in <br /> Redwood City. <br /> Kris Johnson, Redwood City resident, spoke about the increasing demand <br /> for affordable housing in Redwood City partially caused by the increase in <br /> commercial development. He spoke about the projects in the pipeline that <br /> will translate to an added demand of affordable housing units. He stated <br /> that at least 40% of housing should be affordable. <br /> Diana Reddy stated that the Nexus study demonstrates that for every <br /> individual resident who can afford market-rate units, 3-5 service people are <br /> required to support that person. The 15% is more of a mitigation than <br /> Page 2 of 9 <br />