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<br />Economic & Planning Systems, Inc. 34 Summary of Section 9212 Impacts <br />6. Summary of Section 9212 Impacts <br />The previous chapters describe the potential fiscal and economic impacts of the <br />proposed legislation based on a variety of factors. This section provides a brief <br />overview of potential impacts on the other areas included in California Elections <br />Code Section 9212(a) and summarizes the overall findings of the analysis. <br />Analysis of Section 9212 Impacts <br />Consistency with the City’s general and specific plans <br />The proposed Ordinance does not amend the Housing Element or General Plan. <br />One of the City’s stated goals in the Housing Element is to preserve existing <br />affordable housing. The proposed Ordinance may be one tool that could assist the <br />City in maintaining affordability of existing naturally affordable housing. However, <br />this goal would be undermined to the extent the proposed Ordinance incentivizes <br />property owners to convert rental housing to ownership and / or it undercuts the <br />financial viability of multi-family development. <br />Use of land <br />Due to vacancy decontrol and new construction exemptions imposed by current <br />State law, the proposed Ordinance is not expected to impact the construction of <br />new housing. However, if Costa-Hawkins were to be repealed or amended in the <br />future, the proposed Ordinance could reduce market rate multi-family <br />development. Additionally, rent control has been found at times to lead to a shift <br />in land use away from rental housing toward for-sale housing. The cost of <br />providing relocation payments equal to four (4) months of the HUD Fair Market <br />Rent relocating tenants and strict rules around evictions in the proposed <br />Ordinance may limit conversions of rental to for-sale housing until covered units <br />are voluntarily vacated by existing tenants. <br />Infrastructure Impacts <br />The proposed measure does not appear to have a direct impact on transportation, <br />schools, public facilities, or infrastructure. Decreased displacement may <br />potentially indirectly reduce the strain on social infrastructure, particularly <br />programs related to displacement and homelessness. However, these cost savings <br />may not be borne by the City since many of these services are provided by the <br />County and nonprofits. <br />Business and employment attraction and retention <br />Given that the proposed Ordinance does not target commercial land use, it does <br />not have a direct impact on the City’s ability to attract and retain businesses and <br />8.A. - Page 162 of 168 <br />172