AgdaPkt 2025.10.27 Joint SA PFA - Laserfiche WebLink

Browse Search

Page 2 of 7 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org SB 423, an update to SB 35, was passed by the State legislature and went into effect on January 1, 2024. SB 35 now requires these streamlined housing projects to undergo an informational public meeting with the City Council within 45 days of the submission of their NOI prior to the submittal of the full SB 35 streamlined ministerial application, if the site is located in a low or moderate resource area as defined by California Tax Credit Allocation Committee (CTATC). The project site is located in a low resource area and requires this informational meeting. No formal action will be taken at this meeting. SB 35 requires the Applicant to attest if they received any public testimony and comments from this meeting prior to submittal of its full application, but it does not require the Applicant to make any requested changes to the project. On October 17, 2025, the Applicant also submitted a preliminary application for the same housing development project pursuant to Government Code Sections 66300 et seq. and 65941.1 (“SB 330”). The purpose of SB 330 is to address California’s housing shortage by streamlining or expediting the approval process for qualifying housing projects. The law provides procedural protections to qualifying affordable housing projects, such as freezing applicable land use regulations at the time of application submittal, preventing local jurisdictions from imposing additional fees or requirements after submittal, and ensuring timely processing of development applications. A qualifying housing project must conform to objective zoning and design standards, adhere to existing density limits, and meet affordability thresholds to be afforded benefits under SB 330. The law ensures that local regulations remain fixed from the date of the preliminary application, ensuring the project has stability and shielding it from potential regulatory changes, including any new impact fees. Project Description The proposed development at 705 Veterans consists of a five-story, 100% affordable 75 unit (plus 1 manager’s unit) residential project intended to serve residents that are age 55 and older. The project would include a mixture of studios, 1-bedroom, and 2-bedroom units with anticipated affordability levels of 10 extremely low-income units, 25 very low-income units, and 40 low-income units. The proposed project would also include approximately 10,000 sq. ft. of private open space, and other amenities for outdoor recreational activity, community rooms, and a technology center. There would be approximately 44 parking spaces, however the project site is within one-half mile of Caltrain’s Sequoia Station and is not required to provide parking due to AB2097 prohiibting local agencies from enforcing parking minimums for projects within one-half mile of a high-quality transit stop. But because the project does include parking, then 10% of the spaces would need to be equipped with electric vehicle chargers and 2 spaces would be required to meet ADA requirements. The project site (Figure 1) is approximately 23,363 sq. ft., located within the Mixed Use Corridor – Veterans Boulevard (MUC-VB) zoning district (Figure 2), and is currently developed with a 6-unit commercial property that includes medical offices, offices, and retail. The site is surrounded by mixed-use, commercial properties, and multifamily residential developments. Given its location along Veterans Boulevard, the project aligns with the city's broader goals of increasing housing density along transit corridors and by providing a 100% affordable housing project (excluding the manager’s unit). 9.A. - Page 2 of 7 426