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<br />Page | 2 <br /> <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 /> <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 /> <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 /> <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 /> <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 /> <br /> <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 /> <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 />8.A. - Page 13