100002538
Delete "Choose one or both options:"
Revise Option 1 to read as:
"Option 1. Comprehensive Housing Policy (1 point)
Conduct a housing needs assessment addressing housing supply affordability, diversity of housing stock by unit and ownership type, community demographics, and displacement risk assessment for new projects as applicable.
AND
Adopt a comprehensive housing policy that addresses a minimum of 3 of the following elements (1 point)
o Programs or code enforcement ensuring healthy housing standards for both rental and owner-occupied units; and
o Land policies ensuring transparency, fairness, and equitable balance towards achieving housing for all.
o Higher density (12 DU per acre) within ΒΌ mile (400 meters) of walking distance to public transit stations;
o Program to incentivize, or subsidize affordable housing in transit served areas and identified compact and mixed-use areas
o Programs to preserve and maintain existing subsidized and unsubsidized affordable rental housing in transit served areas, compact and mixed-use areas, and areas with rapidly rising housing costs
o Tenant protection regulations to protect renters by establishing rent control and just cause requirements for evictions"
Add the following as Option 3 and 4
"AND/OR
Option 3. Affordable Housing Production (1 point)
Demonstrate that new affordable housing units are being produced at an annual rate of 5% or at the targeted rate by the local government or the development authority, whichever is stringent (1 point)
AND/OR
Option 4. Affordable Rental Housing Preservation (1 point)
Demonstrate that the number of subsidized affordable housing units is equal to or more from a baseline year no more than five years prior to the most recent reporting year. (1 point)"