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<br />Housing Tools and Strategies Action Inventory 24 Not Recommended Actions <br />A. Remove Barriers in the Land Use Code <br />Action Explanation Level of Support <br />Create transitional zone as a <br />buffer between commercial and <br />residential <br /> Preliminary voting showed 36% support. <br /> <br />B. Reduce Cost and Time Burden <br />Action Explanation Level of Support <br />Change state law regarding <br />SUPTE. <br />Single Unit Property Tax Exemption. A property tax exemption for new single- <br />family development, similar to MUPTE. State laws allow the City to enact a <br />property tax exemption for multi-family housing; it does not allow an exemption <br />for single-family housing. <br />Preliminary voting showed 12% support. <br /> <br />C. Increase Inventory of and Access to Affordable Units <br />Action Explanation Level of Support <br />Place a cap on the SDC waiver. The City waives SDCs for Affordable housing developments. A large development <br />can use the full value, precluding other developments from access to the waiver. <br />There is a currently a cap on the SDC waiver. <br />Preliminary voting showed 12% support. <br />Charge an Affordable housing <br />impact fee. <br /> <br />Charge a fee (similar to SDCs) when builders create market-rate housing. The <br />amount of the fee is calculated based on the increased demand for affordable <br />housing generated by the development of market-rate housing. Fees are typically <br />charged on a per unit or per square foot basis and revenue may be deposited to <br />an Affordable housing fund. May require legislative action at the state level to <br />implement. <br />Only 7% of the working group supported <br />this. <br />Mandatory Inclusionary Zoning <br />(IZ). <br />Oregon law enables local governments to offer IZ, which requires (or encourages) <br />new housing buildings with 20 or more units have up to 20% of the units be <br />affordable to households earning 80% of area median income and above. <br /> <br />The builder can pay a fee in lieu of including the units in the building. <br />No one on the working group supported <br />Mandatory IZ, and 56% supported <br />voluntary IZ. <br />Require that housing meets <br />needs identified by specific <br />populations. <br /> <br />There are no legal mechanisms to do this. The City can offer incentives but a <br />“requirement” would not be legal. Existing Affordable units are developed to meet <br />the needs of specific groups based on income. <br />21% of the working group supported this. <br /> <br />March 13, 2019, Work Session - Item 2