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HomeMy WebLinkAboutORD 6078 CITY OF RENTON, WASHINGTON ORDINANCE NO. 6078 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AMENDING SUBSECTION 4-1-220.D.2 OF THE RENTON MUNICIPAL CODE,AMENDING MULTI- FAMILY TAX EXEMPTION HOUSING TYPES, AUTHORIZING CORRECTIONS, PROVIDING FOR SEVERABILITY,AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, on December 22, 2003, the Renton City Council passed Ordinance No. 5061 (codified in RMC 4-1-220) establishing a limited property tax exemption to encourage multi- family housing development in designated residential targeted areas; and WHEREAS, the provisions of RMC 4-1-220, Property Tax Exemption for Multi-Family Housing in Residential Targeted Areas, have been successful in encouraging increased residential , opportunities and in stimulating new construction of multi-family housing in the City's priority community revitalization and redevelopment areas and encouraging more affordable multi- family housing in the City; and WHEREAS, the Administration believes that multi-family housing incentives should be used as a tool to encourage more multi-family housing development in the City's priority community revitalization and redevelopment areas and to encourage more affordable multi- family housing in the City; and WHEREAS, the Administration believes that an incentive should only be provided to market-rate multi-family housing projects that represent the highest and best use of the applicable zoned property; and WHEREAS,the Administration believes that townhomes do not represent the highest and best use of the applicable zoned property; and 1 ORDINANCE NO. 6078 WHEREAS, this matter was duly referred to the Planning Commission for; investigation and study, and the matter was considered by the Planning Commission; and WHEREAS, pursuant to RCW 36.70A.106, on May 13, 2022, the City notified the State of Washington of its intent to adopt amendments to its development regulations; and WHEREAS,the Planning Commission held a public hearing on June 1, 2022, considered all relevant matters, and heard all parties appearing in support or in opposition, and subsequently forwarded a recommendation to the City Council; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION I. All portions of the Renton Municipal Code in this ordinance'not shown in strikethrough and underline edits remain in effect and unchanged. SECTION II. Subsection 4-1-220.D.2 of the Renton Municipal Code is amended as shown below. All other provisions in 4-1-220.D remain in effect and unchanged. 2. Size and Structure: a. If the project is located in the Downtown and within the Residential- 14 (R-14) Zone, or in the Sunset Area and within either the Residential Multi- Family (RMF) Zone or the Residential-14 (R-14) Zone, the project shall (i) consist of a minimum total of ten (10) new dwelling units of multi-family housing, and (ii) be located within a new residential structure(s) or a new mixed-use development as allowed by the RMC for the specific zone. At least fifty percent (50%) of the space within the project shall be intended for permanent residential occupancy. 2 _ I ORDINANCE NO. 6078 b. If the project is located in the Downtown and within the Center Downtown (CD) Zone, or in the Sunset Area and within the Center Village (CV) Zone,the following applies: i. If the project is located in the Downtown and within the Center Downtown (CD)Zone,the project shall (a) consist of a minimum total of thirty(30) new dwelling units of multi-family housing and (b) be a new structure(s) and (c) be a mixed-use development, unless the Administrator waives one or more of these requirements. If the Administrator waives the mixed-use development requirement, the multi-family housing shall be located in a new residential structure(s). At least fifty percent (50%) of the space within the project shall be intended for permanent residential occupancy. ii. If the project is located in the Sunset Area and within the Center Village (CV)Zone,the project shall (a)consist of a minimum total of thirty(30) new dwelling units of multi-family housing and (b) be located in a new structure(s) and (c) be a mixed-use development, unless the Administrator waives the minimum number of new units requirement or the mixed-use development requirement. The Administrator cannot waive the new structure(s) requirement. If the Administrator waives the mixed-use development requirement, the multi-family housing shall be located in a new residential structure(s). At least fifty percent (50%) of the space within the project shall be intended for permanent residential - occupancy. 3 ORDINANCE NO. 6078 iii. If one hundred percent (100%) of the housing units in a homeownership project are affordable housing, the project shall (a) consist of a minimum of ten (10) new dwelling units of multi-family housing and (b) be located 1I within a new residential structure(s) or a new mixed-use development as allowed by the RMC for the specific zone. At least fifty percent (50%) of the space within the project shall be intended for permanent residential occupancy. The project shall designate and sell at least fifty percent (50%) of total housing units as affordable for households at or below eighty percent (80%) of median income, and designate and sell any remaining housing units as affordable for households at or below one hundred twenty percent (120%) of median income. In addition, the housing units affordable for households at or below eighty percent (80%) of median income shall remain affordable in perpetuity through a community land trust or other similar model acceptable to the City. iv. The value of Mmarket-rate townhomes projects arc is not eligible for the exemption. c. If the project is located in the Rainier/Grady Junction TOD Subarea and within the Commercial Arterial (CA), Commercial Office (CO) Zone, or in the South Lake Washington and within the Urban Center-1 (UC-1), or the Urban Center-2 (UC-2) Zone, the following applies: i. If the project is located in the Rainier/Grady Junction TOD Subarea or South Lake Washington and within the Commercial Arterial (CA), Commercial Office (CO), Urban Center-1 (UC-1), or the Urban Center-2 (UC-2) 4 ORDINANCE NO. 6078 Zone, the project shall (a) consist of a minimum total of one hundred (100) new dwelling units of multi-family housing, subject to subsection D2cii of this Section, and (b) be a new structure(s) and (c) be a mixed-use development, unless the Administrator waives one or more of these requirements. If the Administrator waives the mixed-use development requirement, the multi-family housing shall be located in a new residential structure(s). At least fifty percent (50%) of the space within the project shall be intended for permanent residential occupancy. ii. If one hundred percent (100%) of the housing units in a homeownership project are affordable housing, the project shall (a) consist of a minimum of ten (10) new dwelling units of multi-family housing and (b) be located within a new residential structure(s) or a new mixed-use development as allowed by the RMC for the specific zone. At least fifty percent (50%) of the space within the project shall be intended for permanent residential occupancy. The project shall designate and sell at least fifty percent (50%) of total housing units as affordable for households at or below eighty percent (80%) of median income, and designate and sell any remaining housing units as affordable for households at or below one hundred twenty percent (120%) of median income. In addition, the housing units affordable for households at or below eighty percent (80%) of median income shall remain affordable in perpetuity through a community land trust or other similar model acceptable to the City. iii. The value of Mmarket-rate townhomes projects arc is not eligible for the exemption. 5 ORDINANCE NO. 6078 SECTION III. Upon approval of the City Attorney, the City Clerk is authorized to direct the codifier to make necessary corrections to this ordinance, including the corrections of scriveners or clerical errors; references to other local, state, or federal laws, codes, rules, or regulations;or ordinance numbering and section/subsection numbering and references.The City Clerk is further authorized to direct,the codifier to update any chapter, section, or subsection titles in the Renton Municipal Code affected by this ordinance. SECTION IV. If any section, subsection, sentence, clause, phrase, or word of this ordinance should be held to be invalid or unconstitutional by a court or competent jurisdiction, such invalidity or unconstitutionality thereof shall not affect the constitutionality of any other section, subsection, sentence, clause, phrase, or word of this ordinance. SECTION V. This ordinance shall be in full force and effect five (5)days after publication of a summary of this ordinance in the City's official newspaper. The summary shall consist of this ordinance's title. PASSED BY THE CITY COUNCIL this 8th day of August, 2022. Jaso A. Seth, i y Clerk APPROVED BY THE MAYOR this 8th day of August, 2022. r' Arm. avone, Mayor 6 ORDINANCE NO. 6078 Approved as to form: 11111111111111111111111 Shane Moloney, City Attorney .% 1111`l',o;1N111�,//N,.'sss �., , �It ' Date of Publication: 8/11/2022 (Summary) f * I' SEAL s � •. ORD-EHHS:2231:7/12/22 . ' 41.InD 7