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HomeMy WebLinkAboutAgenda AGENDA Planning & Development Committee Regular Meeting 4:30 PM - Monday, February 24, 2020 Council Conference Room, 7th Floor, City Hall – 1055 S. Grady Way 1. 2020 CED Work Program 2. Transit-oriented Development Subarea Plan a) AB - 2558 Community & Economic Development Department submits the proposed Transit Oriented Development (TOD) Subarea Plan for review and future action. 3. Affordable Housing a) Affordable Housing Tools Matrix b) Supplement to the Affordable Housing Tools Matrix c) Presentation 4. Emerging Issues in CED AB - 2558 City Council Regular Meeting - 27 Jan 2020 SUBJECT/TITLE: Transit Oriented Development (TOD) Subarea Plan RECOMMENDED ACTION: Refer to Planning Commission and Planning & Development Committee DEPARTMENT: Community & Economic Development Department STAFF CONTACT: Paul Hintz, Senior Planner EXT.: 7436 FISCAL IMPACT SUMMARY: N/A SUMMARY OF ACTION: Sound Transit’s I-405 Bus Rapid Transit (BRT) project will connect communities along I-405 and SR 518 with a dedicated BRT stop at the future Renton Transit Center. Located at the corner of Rainier Avenue and South Grady Way, the relocation of the transit center and new high frequency transit service are expected to have a significant impact on the surrounding area. In anticipation of the transit center relocation and BRT service, Community and Economic Development Staff recommends developing a subarea plan to fully capitalize on the public investments being made and to incentivize transit oriented private development. Topic areas for plan include multimodal accessibility, land use, urban design, and health and equity. The goal of the anticipated 18-month planning process is to create a vision and strategies for a multimodal neighborhood around the planned transit center that facilitates mixed-use development, maximizes multimodal transportation options, improves pedestrian connectivity, integrates with neighboring areas, and establishes a neighborhood that’s distinct from the downtown but aligned with the goals of the City Center Community Plan. The plan will cite and justify development regulations, zoning and overlay changes, and infrastructure investments necessary to transform the area into a pedestrian-oriented neighborhood, as well as opportunities to leverage public investment to maximize the efficacy of corresponding private investments. EXHIBITS: STAFF RECOMMENDATION: Refer to the Planning Commission and Planning & Development Committee for review. Following this review, the Planning Commission will present recommendations to Council. AGENDA ITEM #2. a) Affordable Housing Tools Matrix Strategy Current Who Provides Income Served SKHHP Yes Outside Agency <80% RHA Yes Outside Agency 30-80% Homestead Community Land Trust Yes Non-Profit <80% Low Income Housing Institute (LIHI)Yes Non-Profit <60% REACH Yes Non-Profit <30% Harambe Yes Non-Profit <30% KCHA Yes Outside Agency 30-80% Housing Development Consortium Yes Outside Agency <80% Enterprise Community Partners Yes Non-Profit <80% Vision House Yes Non-Profit <30% Microsoft and Other Private-Sector Entities No Private Sector 80-120% Challenge Seattle No Non-Profit 80-120% Bonus Density Yes City <50% Multifamily Tax Exemption (MFTE)Yes City <60% Waived Fees Yes City <60% Reduced Parking Yes City <80% Incentive Zoning No City 50-100% Permitting Priority No City <80% Fund Capital Improvements No City <80% Accessory Dwelling Units Yes City 50-100% Manufactured Home Park Zone Yes City 50-80% Planned Action EIS Yes City n/a Evaluate Zoning in Advance of Transit Yes City 50-100% Inclusionary Zoning No City 50-80% Density and Housing Types Review No City 80-120% Planned Unit Developments for Affordable Housing No City <80% Transfer of Development Rights No County n/a TOD Overlay No City 50-100% Bonus Densities for Cottage Housing No City <80% Rental Registration Program (RRP)Yes City n/a Source of Income Discrimination (SOID)Yes City/State n/a Just Cause Eviction No City/State n/a Right of First Refusal No City n/a Notice of Rent Increase No City n/a Revolving Loan Fund for Low-Income Rental Improvements No City <50% Tenant Relocation Assistance No State/City n/a Housing Repair Assistance Program Yes City <80% KCHA Weatherization Program Yes County 40-60% King County Loan Program Yes County <80% Rebuilding Seattle Together Yes Non-Profit <50% Property Acquisition No City <80% Housing Opportunity Fund Yes City <80% SHB 1406 Yes City/SKHHP <60% Surplus Property for affordable housing No City/State <80% Affordable Housing Levy No City/County <80% Linkage Fees (regulatory funding tool)No City <60% There are currently no funds in the account and no funds have been added since its creation. Current state statute allows local governments to offer surplus property first to those looking to develop affordable housing. City staff have identified surplus land of a City-owned property that might be suitable for a housing project. In addition to existing statutory authority, Renton will actively participate in an effort to amend 1406 to allow for qualifying local tax levy to be presented to voters on November ballot A nexus study must first be commissioned to determine appropriate fee level before adoption of linkage fees. 20-year state sales tax credit allocations of at least .0073% and up to .0146% for construction and rehab of affordable housing units up to 60 percent AMI. Category Regulatory / Statutory 30% increase for select zones; half of units allowed must be affordable for 50 years. Competes with a CUP to increase density in some zones. Requires a minimum # of new units in Downtown or Sunset. 20% of units must be rented at <60% AMI for 12 years. 8-year period requires no affordability. Requires a minimum # of new units. 100% units affordable for 30 years. Regional Fire Authority fees cannot be waived. For low income attached units, a minimum of 1 for each 4 dwelling units is required, and a maximum of 1.75 per dwelling unit is allowed. Shelter activated when weather is 32 degrees or lower with imminent snow, or weather that involves a safety risk lasting for 24 hours or more. Day and night shelter for women, children, and families, as well as meal programs. Develops, owns and operates housing for the benefit of low-income, homeless and formerly homeless people in Washington State. Preserves and advances access to permanently affordable homeownership as a means to create thriving, equitable and inclusive communities. A newly formed coalition of cities working together to address affordable housing and homelessness in south King County. 2019 amendments to reduce barriers adopted. Could go further by eliminating parking requirement, permit fees, and need for separate sewer stub. Comments Provides transitional housing with supportive services to help families experiencing homelessness move from crisis to stability and self-sufficiency. NPO raising awareness of the lack of affordable housing for middle-income residents, and recommending public- and private-sector actions. As part of Housing Element, evaluate zoning by density and type to increase workforce housing Preservation Funding Partners Incentives Tenant Protections Sunset Planned Action EIS simplifies and expedites environmental review in the Sunset targeted development area. Currently no formal prioritization process for affordable housing projects. A TOD overlay is being considered as part of the planning process for the new transit station. PU Cottage housing is currently allowed in PUDs by ordinance but bonus densities are needed to make project feasible for affordable housing. The City's RMH zone preserves existing manufactured housing communities, where applied. CED is developing a Transit Oriented Development (TOD) Subarea Plan in advance of the new bus station at Grady and Rainier By funding capital improvements near planned affordable housing the City can greatly offset the cost to construct said housing. This tool should be evaluated by a consultant study to see feasibility and calibration in Renton market. Development using incentive zoning may provide amenities such as open space and Green Street improvements or may transfer development rights from other property to support the preservation of historic landmarks and unreinforced masonry buildings Autonomous, not-for-profit public corporation tasked with developing housing as well as administering HUD vouchers. Microsoft has identified Renton as a focus area for philanthropic investments A national housing nonprofit which delivers capital, develops programs, and advocates for policies to create and preserve well-designed homes and inclusive, connected communities. Develops housing and administers HUD vouchers for King County, including Renton's Potential Annexation Area and excluding the cities of Seattle and Renton A member-coalition working to collaboratively meet the housing needs of people with limited incomes through advocacy and policy work throughout King County Consider allowing developers flexibility to depart from existing zoning requirements in exchange for provision of affordable housing through a PUD Provides safe and healthy housing for low-income homeowners by completing home repairs free of charge to those served. Fund housing preservation and land acquisition in partnership with the RHA or others. RRP launched 1/1/2020. Anticipates 12 months of outreach to landlords and tenants to educate about program and rights and responsibilities under Landlord-Tenant Act. Requires property owners to notify tenants, nonprofits, and/or the city before selling an affordable housing property for option to purchase. Adopted by City on 11/16. Adopted by state on 6/2018. Currently being considered statewide in HB1656. City level action would allow determination of what qualifies as a "just cause" State legislation (RCW 59.18.440) requires landlords to pay relocation assistance in certain cased, but city could require compensation for displacement due to other circumstances such as housing demolition, substantial rehabilitation, change of use or sunset rent restrictions. Requires landlords give tenants XX days written notice of any increase in housing costs of 10% or more in a 12 month period. Up to $25,000, no interest, with matching funds from the homeowner for a total of $50,000 towards home repair. Can only be applied to owner-occupied housing. Helps low-income homeowners and renters reduce their energy costs and improve the indoor air quality of their homes. Potential program to assist landlords of low-income rentals to make repairs, given they limit rent increase for a designated period. Income Class Extremely Low Income Very Low Income Low Income Moderate Income Percentage of Area Median Income <30% AMI 31-50% AMI 51-80% AMI 81-125% AMI Who [primarily] Provides Housing Non-Profits/Outside Agencies Housing Authorities (RHA)Local Government Market Actual Income Limit for 1-person Household1 $23,250 $38,750 $61,800 $77,250 Industries Typically Paying within Limit2 No data available. Incomes based on full-time employment. Food preparation/serving related; Personal care and service; Building and grounds cleaning and maintenance; Healthcare support. Office administrative support; Community and social service; Installation, maintenance, and repair; Education, training, and library. Arts, design, entertainment, sports, and media; Construction and extraction; Life, physical, and social science. 1Department of Housing and Urban Development (HUD) FY 2019 Income Limits Continuum of Affordable Housing Providers 2From May 2018 U.S. Bureau of Labor and Statistics for Seattle-Tacoma-Bellevue Metropolitan Statistical Area.AGENDA ITEM #3. a) Supplement to the Affordable Housing Tools Matrix From PSRC’s Housing Innovations Program Bonus Density Density bonuses are a zoning tool that that permits developers to build more housing units, taller buildings, or more floor space than normally allowed, in exchange for provision of a defined public benefit, such as a specified number or percentage of affordable units included in the development. An affordable housing density bonus program can be designed to allow developers to contribute to a housing fund in lieu of building the affordable units. MFTE A state law (RCW 84.14) helps cities attract residential development. Cities may exempt multifamily housing from property taxes in urban centers with insufficient residential opportunities. The city defines a residential target area or areas within an urban center; approved project sites are exempt from ad valorem property taxation on the residential improvement value for a period of eight or 12 years. The 12- year exemption requires a minimum level of affordable housing to be included in the development (at least 20% of the units or 100% if the building is solely owner-occupied). The eight-year exemption leaves the public benefit requirement—in both type and size—to the jurisdiction’s discretion. The eight-year exemption carries no affordable housing requirement. Cities must pass an enabling ordinance to enact the MFTE and to allow applications for the exemption. Waived Fees Costs associated with the development process, such as impact fees and building permit fees, can be reduced or eliminated to encourage selected types of development. For example, jurisdictions may enact measures to reduce or waive such fees for projects that include a percentage or number of affordable housing units. Reduced Parking Reducing parking standards can help prevent excessive parking requirements that add to the cost of housing. Jurisdictions can better match residential parking standards with parking demand by studying neighborhood and resident characteristics, transit access and mobility. Once a balance is struck between standards and parking needs, maximum parking standards may be enacted to eliminate development of excessive parking. Incentive Zoning Incentive zoning is a broad regulatory framework for encouraging and stimulating development that provides a desired public benefit as established in adopted planning goals. An incentive zoning system is implemented on top of an existing base of development regulations and works by offering developers regulatory allowances in exchange for public benefits. It can incorporate one or several incentives including density bonuses, flexible development regulations, parking reductions, fee waivers or reductions and permitting priority. Common public benefits achieved through incentive programs include affordable housing, historic preservation, open space and recreation, and increased environmental protection AGENDA ITEM #3. b) Inclusionary Zoning Inclusionary zoning is a tool that stipulates that new residential development in certain zones include some proportion or number of affordable housing units, or meet some type of alternative compliance. In order to ensure that costs are offset, jurisdictions often increase the development rights (i.e., density) of a proposed project. Adopting this combination—mandatory affordable housing and increased density— into the local code a priori an actual development application distinguishes inclusionary zoning from other types of incentive zoning zoning may be applied in ownership and rental developments, single- family and multi-family zones, and can be tied to specific geographic areas. Jurisdictions should craft inclusionary zoning policies that best reflect the needs of their residents, paying close attention to details relating to program management and monitoring. In the state of Washington all units developed through an inclusionary zoning program must remain affordable for at least 50 years (RCW 36.70A.540). ADUs An accessory dwelling unit (ADU) is a small, self-contained residential unit built on the same lot as an existing single family home. ADUs may be built within a primary residence (e.g., basement unit) or detached from the primary residence. They can be an effective way to add variety and affordable rental housing stock to existing single family neighborhoods. Mobile Home Protections Mobile/manufactured homes offer a very affordable option for single-family ownership and rental housing. Allowing placement of mobile or manufactured homes in single-family zones can increase affordability and housing choice in single-family neighborhoods. Preserving manufactured home communities at risk of redevelopment is an effective strategy for sustaining an important component of the affordable housing stock, as well as preventing dislocation of existing residents. TOD Overlay Transit oriented development, or TOD, refers to residential and commercial centers designed to maximize access by transit and non-motorized transportation. A TOD overlay is a floating zone that implements an array of development regulations that support transit usage and create a vibrant neighborhood around a transit station. Usually, the overlay zone extends a “walkable” distance around the station, depending on the type of transit amenity and size of the center. TOD overlays implement some or all of the following characteristics:  Mixed uses. Land uses are mixed and may include shops, job centers, restaurants, public services such as schools and community centers, and a variety of housing choices including housing that is affordable to households across the income spectrum.  Affordable housing. Mixed-income housing affordable to a range of income, household sizes, and types.  Compact development. Development around station areas is compact, with medium to high densities.  Neighborhood center. Transit station areas are complemented by concentrations of business, civic and cultural activities that support vibrant street life.  Parking management. Parking around transit station areas is limited and requirements are reduced.  Pedestrian and bicycle friendly design. Streets around transit station areas encourage walking and bicycling. AGENDA ITEM #3. b) Linkage Fees Commercial linkage fees are a form of impact fee assessed on new commercial developments or major employers based on the need for workforce housing generated by new and expanding businesses. Revenues generated by the fee are then used to help fund the development of affordable housing opportunities within accessible commuting distance to the employment center. Public Land for Affordable Housing Local governments can facilitate the development of affordable housing by making public land available for eligible projects. Parcels may be surplus or underutilized public properties, as well as vacant, abandoned, and tax-delinquent private properties acquired through purchase or tax foreclosure. Land banking programs can strategically acquire and preserve multiple properties for affordable housing development. Local Housing Fund A local housing fund provides a dedicated source of funding for affordable housing projects. Jurisdictions can use the funds in a variety of ways:  Direct loans or grants to owners or developers of affordable housing.  The underwriting of general obligation or councilmanic bonds sold to support low-income housing.  Direct low-income renter or first-time homebuyer subsidies. Typically, a local housing fund is established through a legislative process that generates fund revenue (e.g., a special purpose housing levy enacted through voter approval, general funds, or a portion of sales tax from new development). Planned Action EIS An Environmental Impact Statement (EIS) is a report prepared by counties or cities in accordance with the State Environmental Policy Act (SEPA, RCW 43.21c) and SEPA rules (WAC 197-11). An EIS provides information about environmental conditions, potential impacts, and mitigation measures related to a development proposal or legislation. The goal of a planned action EIS is to simplify and expedite environmental review of future individual projects in a study area. Detailed and comprehensive environmental analysis occurs upfront during the planning stage for a study area, thereby streamlining the permit review process and reducing or eliminating the possibility of legal challenges to individual projects within the study area. A planned action EIS can reduce the overall costs for project developers, which may translate into lower final housing costs. It can also help to attract growth to a priority planning area of a community. Displacement & Displacement Resources Displacement can refer to several different processes. First, residents may be displaced when a property is slated for redevelopment, conversion, or when the affordability restrictions on a subsidized unit/building expire. A second definition of displacement describes the impact of increasing housing prices in a neighborhood prompted by neighborhood reinvestment, major infrastructure investments, AGENDA ITEM #3. b) and processes of gentrification. In this scenario, displacement may occur through legal rent increases, illegal evictions, and foreclosure. State legislation (RCW 59.18.440) establishes standards for the former definition regarding the amount of financial support jurisdictions and property owners are required to provide to displaced residents. Resources to mitigate the latter definition of displacement include, but are not limited to: preservation of affordability, community land banking, community land trust, right of first refusal, relocation advisory services, reimbursement for moving expenses, and payments for the added cost of renting or purchasing comparable replacement housing. Planned Unit Development (PUD) Planned unit development (PUD) ordinances allow developers flexibility to depart from existing zoning requirements in exchange for fulfilling an established set of planning criteria. PUDs are also called planned residential developments (PRDs) or urban planned developments (UPDs). The benefits of PUD can include more efficient site design and lower infrastructure and maintenance costs. Ordinances can also be written to require or incentivize public benefits such as affordable housing or open space in exchange for regulatory flexibility and assumed cost savings. Tools like density bonuses and parking reductions can help underwrite the cost of incorporating low- and moderate-income units into a project, either through established incentive programs or implemented on a case-by-case basis through development agreements. Permitting Priority Jurisdictions can offer priority permit review and approval to developers of affordable housing and other projects that meet local housing goals. Transfer of Development Rights A transfer of development rights (TDR) program relocates development potential from properties in designated “sending areas” to sites in designated “receiving areas.” A TDR transaction involves: (a) selling the development rights from a sending site, thereby preserving the sending site from future redevelopment; and (b) purchase of those development rights by the owner of a site in the receiving area to be allowed to build at a higher density or height than ordinarily permitted by the base zoning. Typically, TDR sending areas are located in rural and resource lands. However, a TDR program can be structured to allow urban affordable housing preservation projects to qualify as a sending site (e.g., mobile home parks, high-rise low income apartments). AGENDA ITEM #3. b) Affordable Housing Update Hannah Bahnmiller • Housing Programs Manager • February 24, 2020 AGENDA ITEM #3. c) Overview The Continuum of Affordable Housing Implementation Past Work Next Steps Upcoming Work The Need AGENDA ITEM #3. c) Continuum of Affordable Housing | Income & Rent Moderate IncomeLow IncomeVery Low IncomeExtremely Low Income 30% AMI & Below 30% to 50% AMI 50% to 80% AMI 80% to 125% AMI 2-Person Family Income & Affordable Rent 4-Person Family Income & Affordable Rent Government support needed in all markets Government support needed in many markets Subsidy or incentives needed in many markets Permissive zoning or zoning flexibility needed in some markets $25,700 $643 $133,750 $3,344 $42,800 $1,070 $80,250 $2,006 $53,500 $1,338 $64,200 $1,605 $32,100 $803 $107,000 $2,675 King County Regional Affordable Housing Taskforce Report, HUD 2017 Household Income Limits AGENDA ITEM #3. c) Continuum of Affordable Housing | Occupations Moderate IncomeLow IncomeVery Low IncomeExtremely Low Income 30% AMI & Below 30% to 50% AMI 50% to 80% AMI 80% to 125% AMI 2-Person Family Example Occupations 4-Person Family Example Occupations Government support needed in all markets Government support needed in many markets Subsidy or incentives needed in many markets Permissive zoning or zoning flexibility needed in some markets Cashier ($25,410) Home health aid ($25,864) Teacher ($37,447) Restaurant cook ($30,281) Welder ($48,548) Retired couple ($42,200) Taxi driver ($26,340) plus Childcare worker earning ($26,038) Janitor ($31,799) Retail worker ($31,640) Secretary ($49,569) Auto mechanic ($31,640) Biologist ($76,900) Accountant ($69,940) Office clerk ($37,566) plus Security guard ($32,427) Engineering tech ($60,379) plus Public school teacher ($61,441) Computer programmer ($86,092) Civil Engineer ($92,194) King County Affordable Housing Committee Presentation, 1/2020, HUD 2019: National Housing Conference Paycheck to Paycheck Report AGENDA ITEM #3. c) The Need | Production in King County 104 98 101 119 123 107 101 90 71 69 134 140 154 150 137 153 140 122 121 133 60 70 75 72 91 93 122 148 161 179 0 50 100 150 200 250 300 350 400 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Loss of Affordable Rental Housing (# of units in thousands) 0-50%50-80%>80% King County Regional Affordable Housing Taskforce Report, McKinsey, American Community Survey PUMS AGENDA ITEM #3. c) The Need | Production in Renton 36,000 37,000 38,000 39,000 40,000 41,000 42,000 43,000 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Households vs Housing Unit Growth in Renton Housing Units Households Washington Office of Financial Management, 2019 Population and Housing Estimates AGENDA ITEM #3. c) The Need | Cost Burden in King County Moderate IncomeLow IncomeVery Low IncomeExtremely Low Income King County Households Cost-Burdened King County Households % Cost- Burdened 130,800 (15%) 101,100 77%69% 151,900 (17%) 67,000 44% 159,800 (18%) 35,700 22% 105,300 (12%) 72,200 King County Affordable Housing Availability Presentation, 10/2017, Regional Affordable Housing Taskforce 30% AMI & Below 30% to 50% AMI 339,700 (38%) 50% to 80% AMI 80% to 125% AMI AGENDA ITEM #3. c) The Need | Cost Burden for Renton Renters $75k+$50k to $75k$35k to $50k*Less than $35k Less than 20% 20 to 29% More than 30% 3% 8% 89%68% 10% 41% 48% 57% 37% 6% 1% 30% American Community Survey, 2018 5-year estimates, Tenure by Housing Costs as a Percentage of Household Income in the Past 12 Months *Note category shift from % AMI to dollars ~40%, 60%, 90% AMI for 2-person family, respectively AGENDA ITEM #3. c) The Need | Cost Burden for Renton Owners $75k+$50k to $75k$35k to $50k*Less than $35k Less than 20% 20 to 29% More than 30% 11% 9% 80%60% 30% 27% 43% 60% 29% 11% 26% 14% American Community Survey, 2018 5-year estimates, Tenure by Housing Costs as a Percentage of Household Income in the Past 12 Months *Note category shift from % AMI to dollars ~40%, 60%, 90% AMI for 2-person family, respectively AGENDA ITEM #3. c) The Need | Research and Response King County will need to add 244,000 additional affordable homes by 2040 so that no household earning <80% AMI is cost burdened.A population proportionate figure for Renton would be 11,475 units by 2040. PSRC 2019 Housing Types & Incentives Survey King County will need to spend between $450 million and $1.1 billion each year for the next 10 years to end the homelessness crisis. Create and support an ongoing structure for regional collaboration Increase construction and preservation of affordable homes for households earning less than 50% AMI Prioritize affordability accessible within a half mile walkshed of existing and planned frequent transit service, prioritizing high-capacity transit stations Preserve access to affordable homes for renter by supporting tenant protections and increase housing stability and reduce risk of homelessness Protect communities of color and low-income communities from displacement in gentrifying communities Promote greater housing growth and diversity to achieve a variety of housing types at a range of affordability and improve jobs/housing connections Better engage local communities and other partners in addressing the urgent need for and benefits of affordable housingRAHTF 5 Year Goals2018 Regional Affordable Housing Taskforce 2020 McKinsey “Why Does a Prosperous King County Have a Homelessness Crisis?” Report PSRC 2018 Housing Background Paper King County Affordable Housing Committee Up for Growth 2020 “Housing Underproduction in Washington State” Report AGENDA ITEM #3. c) Implementation | From State to Local GMA VISION 2050 CPPs Comp Plan Zoning Regional State County Local Local AGENDA ITEM #3. c) Implementation | Local Toolbox Comprehensive PlanZoning & Other CodesOngoing & PlannedImmediate payoffs and low hanging wins Year 1 -2Filling in gaps by leveraging available resources Year 3 -5Addressing needs for long-term affordability AGENDA ITEM #3. c) Implementation | Local Toolbox Partners Incentives Regulatory & Statutory Tenant Protections Preservation Funding Comprehensive PlanZoning & Other CodesAGENDA ITEM #3. c) Renton Housing AuthorityKCHA Low Income Housing Institute (LIHI)REACH Homestead Community Land TrustHarambe South King County Housing & Homelessness Partners (SKHHP) Enterprise Community Partners Housing Development Consortium Vision House Microsoft and Private FundersChallenge SeattleFor-Profit DevelopersRenton Housing Authority King County Housing Authority Low Income Housing Institute (LIHI) Implementation | Partners Housing Authorities Regional Collaborations Developers Non Profits AGENDA ITEM #3. c) Affordable Bonus DensityReduced Parking Waived Fees Permitting Priority Incentive ZoningFund Capital Improvements Multi-Family Property Tax Exemption (MFTE) 1,933 units have been or are planned to be created by MFTE Density bonuses have been awarded to 1 project, with two in the pipeline Fees have been waived for 7 projects, producing 163 affordable units with an additional 72 in the pipeline Implementation | Incentives AGENDA ITEM #3. c) Manufactured Home Park Zone Accessory Dwelling Units (ADUs) Density Bonus for Cottage Housing Density and Housing Types Review Inclusionary Zoning Transfer of Development Rights (TDR) Transit Oriented Development: Zoning Evaluation & Overlay Planned Action EIS 60% of housing units in Renton are single-family detached 19% are apartments in buildings with ≥20 units Implementation | Regulatory & Statutory AGENDA ITEM #3. c) Just Cause Evictions Revolving Loan Fund for Low-Income Rental ImprovementsRight of First Refusal Proactive Code Compliance Notice of Rent Increase Displacement Resources Rental Registration Program Source of Income Discrimination (SOID) Tenant Relocation Assistance Implementation | Tenant Protections 2019 PSRC survey showed Renton as 1 of 8 cities in the region with rental protections State-wide rental protections are currently being considered on a number of topics AGENDA ITEM #3. c) Implementation | Preservation Renton Housing AuthorityKCHA Low Income Housing Institute (LIHI) King County Loan Program Property Acquisition King County Property Tax Exemptions Housing Repair Assistance Program (HRAP) KCHA Weatherization Program Rebuilding Together Seattle Revolving Loan Fund for Home OwnersHRAP served 324 clients last year Rebuilding Together Seattle served 22 Renton clients in 2019 KCHA weatherized 150 Renton units in 2019 AGENDA ITEM #3. c) Renton Housing AuthorityKCHA Low Income Housing Institute (LIHI) Linkage FeesSurplus Property Housing Opportunity FundSHB 1406 Potential Affordable Housing Levy Implementation | Funding Last year, Renton allocated a record $1,057,000 in grants to support affordable housing projects Renton Housing Authority, Homestead Community Land Trust, and others have a pipeline of potential projects that could be moved with more funding AGENDA ITEM #3. c) Past Work | Projects AGENDA ITEM #3. c) Past Work | Regulatory AGENDA ITEM #3. c) Upcoming Work AGENDA ITEM #3. c) Next Steps Work Program Items Cottage housing density Linkage fees ADUs PUDs for affordable housing Code alignment on affordable housing language Bonus density third party language alignment Clarification on waived fees obligations AGENDA ITEM #3. c) Next Steps Priorities & Interests of Council What areas of work would you like us to further? What areas are we currently not addressing that we should? Staff recommends the Planning and Development Committee identify items on the 5-year work plan and affordable housing tools matrix, on which staff develop information and recommendations for Council to consider.AGENDA ITEM #3. c) Questions or Comments? Hannah Bahnmiller • Housing Programs Manager • hbahnmiller@rentonwa.gov • x7262 AGENDA ITEM #3. c)