Title
Community Development Agency, Long Range Planning Division, recommending the Board consider the following:
1) Adopt the Board Policy B-14 as amended to allow ongoing review and approval of applications for TIM fee offset to eligible secondary dwellings;
2) Approve the Board Policy B-14 Procedure Manual as amended to reflect revised secondary dwelling TIM fee offset procedures; and
3) Advise staff on preferred options to be studied to provide additional incentives to encourage the development of secondary dwellings.
FUNDING: Federal and State transportation revenues.
Body
Fiscal Impact/Change to Net County Cost: No change.
Background:
On August 22, 2006, the Board of Supervisors adopted Resolution No. 266-2006 establishing a Traffic Impact Mitigation (TIM) Fee Program as proposed by the Transportation Division as part of the process to implement Measure TC-B of the General Plan. The TIM Fee Program includes a provision to allow for a TIM fee reduction for qualified affordable housing, providing up to $1 million in federal and state transportation revenues per year for twenty years.
In December 2007 the Board of Supervisors approved Board Policy B-14, Traffic Impact Mitigation (TIM) Fee Offset Program for Developments with Affordable Housing Units, authorizing $1.0 million annually to reduce fees for eligible affordable housing units though the TIM Fee Offset Program. This Program is available to developers of affordable new construction projects with five or more rental or for-sale units and to homeowners building a secondary dwelling on their property where one of the units is owner-occupied. Affordable units must be occupied by income eligible individuals or families. Since 2007, the Board has approved $2,229,060 in TIM fee offsets assisting 143 affordable units under this Policy. Participation in the TIM Fee Offset Program is voluntary.
Reason for Recommendation:
The County recognizes that secondary dwellings are an affordable housing op...
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