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7.A - Page 2 <br /> (1) Affordable Housing Impact Fee: The City adopted an affordable housing <br /> impact fee, and it now applies to all market rate development (commercial and <br /> residential). Developers also have the option of developing affordable housing <br /> onsite rather than paying the fee. Two of the three developments submitted <br /> since the adoption of this fee have elected to provide affordable onsite units. <br /> These onsite units must be affordable to those who qualify for"low" or very-low" <br /> income rents. <br /> (2) Request for Proposal (RFP) for An Affordable Development on City- <br /> owned Property: The Council approved an RFP for an affordable housing <br /> development on a City-owned site located at 777 Bradford in Downtown <br /> Redwood City. The City completed the RFP process, selected MidPen as the <br /> developer, and is now in the process of reviewing a development application that <br /> includes 117 affordable units for seniors (at extremely low, very low and low <br /> income rents). <br /> (3) New Accessory Dwelling Unit (ADU) regulations: The Council adopted <br /> new regulations which made it easier to build ADUs, sometimes known as "in-law <br /> units", small residences built on existing single-family parcels. These new rules <br /> officially became law in late 2015, and have resulted in an increase in the <br /> number of ADU applications. <br /> (4) Short-Term Vacation Rental Tax: The Council directed staff to negotiate <br /> with short-term vacation rental companies (Airbnb, etc.) in order to collect Transit <br /> Occupancy Tax (TOT) on such rentals in Redwood City. The Council further <br /> directed that the TOT associated with short-term vacation rentals be designated <br /> towards affordable housing. This item was put on hold as a related State law was <br /> being contemplated and staff had to address other Council priorities. The state <br /> law did not move forward, however, and staff has recently resumed negotiations. <br /> (5) Downtown Precise Plan Affordable Housing Amendment: Council <br /> directed that the Downtown Precise Plan (DTPP) be amended to require that <br /> 15% of all housing produced under the plan be affordable to very low or low <br /> income residents. This equates to 375 affordable units. This amendment was <br /> officially adopted earlier this year. Since Council direction on this item, the City <br /> has received applications for 222 affordable units downtown, including 85 <br /> voluntary inclusionary units. This leaves room for at least an additional 153 <br /> affordable units to be developed under the DTPP. <br /> Council Direction at the Managing Growth Study Session <br /> At the February 8, 2016 "Managing Growth" study session, the Council tasked the Housing and <br /> Human Concerns Committee (HHCC) with hosting community meetings and discussing and <br /> making recommendations related to a "second phase" of post-Redevelopment housing policy. <br /> The Council recommended that potential measures include tenant protection policies which <br /> could be considered by the City Council. <br /> The HHCC held two public meetings earlier this year, to hear from residents and other <br /> stakeholders about their concerns. The HHCC also held a series of regular meetings and <br /> special meetings, and broke off into smaller"ad-hoc" groups to focus on certain topics. The <br /> following report provides a high-level summary of their recommendations. The <br /> Page 12 <br />