Reso PC19-04 PC Reso 0037 Recommending the Project - Sobrato

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impact of the project on the need for affordable housing if the units are being provided under the Affordable Housing Impact Fee program. The proposed Affordable Housing Plan proposes an alternative to the standards in Section 29.6 (A) (Quality of Construction and Number of Bedrooms) as the project builds affordable housing in one building with amenities and finishes that differ from the market rate units. The affordable units will be constructed separately, and is planned to be available at an earlier or same time then the market rate units. This alternative is allowed under Section 29.8(D) (Other Alternatives). This alternative allows for amenities and unit sizes that meet the needs of low income households, and allows for management of the property by a nonprofit housing developer, including a unit for an on-site manager. The affordable units will mitigate the impact of the project, including the office and retail uses, on the need for affordable housing by providing a percentage of affordable units at the extremely low, very low, and low income level onsite, as described in the staff report. The affordable units would be available to qualifying households and remain affordable units for a duration of 55 years. Section 7. Recommendation to Council: The Planning Commission hereby recommends that the City Council approve the Architectural Permit, Planned Development Permit, Vesting Tentative Map, State Density Bonus Concessions, Use Permit and Affordable Housing Plan are contingent upon certification of the Final EIR and subject to the Conditions of Approval (Exhibit A) attached and incorporated by reference. Section 8. This Resolution is effective upon its adoption. ATTY/RESO.0037/PC RESO RECOMMENDING THE PROJECT —SOBRATO REV: 04-29-19 PR Page 7 of 22