Alternatives
2.A. Mitigate for 100% of the workforce that cannot afford housing (households making about 200% or less of median income).
2.B. Mitigate for the lowest earning workforce households (for example, about 75% of workforce households make less than 120% of median income (status quo).
2.C. Calculate the mitigation using Alternative 2.A. or 2.B., then reduce the requirement to avoid barriers to development.
Solution
Direction: Mitigate for the entire income range of households that cannot afford housing (about 0-200% of median income), but focus the requirements on the lower income households with greater need. (part of Alternative 2.A)
Direction: Mitigate to the maximum, legal extent to meet the community’s housing goal. Include with the draft Housing Mitigation LDRs and draft zoning for Character Districts 3-6, an analysis of how incentives would have to perform if the mitigation requirement were decreased. (part of Alternative 2.A)