Title
Planning and Building Department, Housing, Community and Economic Development Program recommending the Board receive and file the Traffic Impact Mitigation Fee Offset Program annual update in accordance with Policy B-14, Traffic Impact Mitigation Fee Offset Program for Developments with Affordable Housing Units.
FUNDING: Federal and State transportation revenues.
Body
DEPARTMENT RECOMMENDATION
Planning and Building Department, Housing, Community and Economic Development Program recommending the Board receive and file the Traffic Impact Mitigation Fee Offset Program annual update in accordance with Policy B-14, Traffic Impact Mitigation Fee Offset Program for Developments with Affordable Housing Units.
DISCUSSION / BACKGROUND
Board Policy B-14, Traffic Impact Mitigation (TIM) Fee Offset Program for Developments with Affordable Housing Units, is administered by the Housing, Community and Economic Development (HCED) Program, in coordination with the Department of Transportation. On December 17, 2013, the Board approved revisions to Policy B-14 to allow for homeowners who are building a secondary dwelling to apply for the TIM Fee Offset at any time, and for staff to report such activity to the Board on an annual basis (Item 47, Legistar File 13-1516). Developers of affordable new construction multi-family projects with five or more units seeking the TIM Fee Offset continue to have an opportunity to submit applications in January and/or July of each year. Multi-family project applications are reviewed by the TIM Fee Offset Review Committee and submitted to the Board for approval. Typically, staff provides an annual update to the Board after receiving applications in January. However, this year, no multi-family applications were submitted in January. Therefore, staff recommends the Board receive and file the following TIM Fee Offset Program annual update, including Attachment B, Program Summary (January 2008 to April 2018).
TIM Fee Offset Program Annual Up...
Click here for full text