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File #: 21-0239    Version: 1
Type: Agenda Item Status: Approved
File created: 2/9/2021 In control: Board of Supervisors
On agenda: 3/23/2021 Final action: 3/23/2021
Title: Planning and Building Department, Planning Division, Long Range Planning Unit, Housing, Community and Economic Development Programs, in accordance with Board of Supervisors Policy B-14, Traffic Impact Mitigation (TIM) Fee Offset Program for Developments with Affordable Housing Units, recommending the Board: 1) Find that the Courtside Manor Apartments Phase 2 project and the El Dorado Haven Apartments project provide significant community benefit by providing housing that is affordable to very-low, low- and moderate-income households; and 2) Award a TIM Fee Offset totaling $1,385,215 ($493,740 for Courtside Manor Apartments Phase 2 and $891,475 for El Dorado Haven Apartments); and 3) Authorize the Planning and Building Department Director to execute all documents associated with the TIM Fee Offset Program. FUNDING: Federal and State transportation revenues.
Attachments: 1. B - TIM Fee Offset Summary3-23-21.pdf, 2. A - Memo to CAO Round 27.pdf
Title
Planning and Building Department, Planning Division, Long Range Planning Unit, Housing, Community and Economic Development Programs, in accordance with Board of Supervisors Policy B-14, Traffic Impact Mitigation (TIM) Fee Offset Program for Developments with Affordable Housing Units, recommending the Board:
1) Find that the Courtside Manor Apartments Phase 2 project and the El Dorado Haven Apartments project provide significant community benefit by providing housing that is affordable to very-low, low- and moderate-income households; and
2) Award a TIM Fee Offset totaling $1,385,215 ($493,740 for Courtside Manor Apartments Phase 2 and $891,475 for El Dorado Haven Apartments); and
3) Authorize the Planning and Building Department Director to execute all documents associated with the TIM Fee Offset Program.

FUNDING: Federal and State transportation revenues.
Body
DISCUSSION / BACKGROUND
Board Policy B-14, Traffic Impact Mitigation (TIM) Fee Offset Program for Developments with Affordable Housing Units, is administered by the Planning and Building Department, Housing, Community and Economic Development (HCED) Program, in coordination with the Department of Transportation.

The Board recently adopted the new Traffic Impact Fee (TIF) program which established three TIF zones and new fees effective February 8, 2021. Until such time as the Board revises Board Policy B-14, the offset referred to in this discussion will continue to refer to TIM Fees.

On December 11, 2007, the Board of Supervisors adopted Board Policy B-14 (Item 56, Legistar File 07-1822). The TIM Fee Program includes a provision to set aside $1 million of federal and state transportation revenues annually to be used to offset traffic impact fees for the development of affordable housing. Affordable units must be designed to serve very-low to moderate-income households in the unincorporated area of El Dorado County to be eligible under specific guidelines of the TIM Fee Offset Program. The TIM...

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