Reso PC19-05 PC Reso 0036 Certifying the EIR - Sobrato

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375, the Sustainable Communities and Climate Protection Act of 2008, goes further, requiring dramatic regional reductions in tailpipe emissions from passenger vehicles through transportation, land use, and housing policies—particularly through slowing suburban sprawl and encouraging modes of transportation other than private automobiles. By encouraging and facilitating compact and pedestrian -oriented development near new and existing jobs, services, and transit, the Broadway Plaza Project is an important part of Redwood City's obligation to comply with AB 32 and SB 375. Also, state housing laws require cities, even built -out cities like Redwood City, to facilitate a reasonable share of regional growth. The Broadway Plaza Project is an important part of fulfilling these obligations as put forth in the recently state -certified Redwood City Housing Element. 4. Enhanced economic development. The Broadway Plaza Project represents high- quality, context -sensitive development that will promote and support economic development in Redwood City. The Project's planned office, residential, and retail uses will place new customers within easy reach of Downtown shops and restaurants, increasing their chances for success. Increased economic activity in Downtown will, in turn, add value to Downtown historic resources, increasing the likelihood of adaptive re -use and reducing the odds of neglect. Increased property values and retail sales will also increase revenue for the City of Redwood City, improving its ability to provide public safety and services. 5. Provision of affordable housing. The Project will provide one hundred and nineteen (119) affordable residential units in a mix of studio, one-, two-, and three-bedroom units. Moreover, the affordable units are concentrated at the lower income levels, because none of the units will be offered at the Moderate income level, but the Project will exceed the normal Low income requirement by 75 units, and will exceed the Extremely Low income requirement by 12 units. The 119 affordable units is thirty-nine (39) more units than is required by the City's inclusionary housing ordinance, and will help the City meet its Regional Housing Needs Allocation (RHNA) requirement as determined by the Association of Bay Area Governments (ABAG) and address the critical shortage of affordable housing in San Mateo County and the San Francisco Bay Area. 6. Provision of child care services. The Project will create a ten thousand (10,000) square foot child care center on the Project site. ATTY/RESO.0036/PC RESO CERTIFYING THE EIR — SOBRATO REV: 04-29-19 PR Page 29 of 29