To: Board of Supervisors
From: John Kopchik, Director, Conservation and Development
Report Title: Approval of Affordable Housing Finance Committee Recommendations to Award In-Lieu, Measure X Housing, and Summer Lake Affordable Housing Funds
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE the Affordable Housing Finance Committee (AHFC) FY 2026/27 recommendations for the allocation of $1,216,295 in Inclusionary Housing Ordinance In-Lieu funds, $7,880,690 in Measure X Housing funds, and $913,438 in Summer Lake Affordable Housing funds.
FISCAL IMPACT:
In-Lieu fees are approved and conditioned as part of a project's land use entitlements and paid at the time of building permit issuance. Measure X funds are part of a countywide, 20-year 1/2 cent sales tax increase approved by Contra Costa County voters on November 3, 2020. The Summer Lake Affordable Housing Fund was created through a Transition Agreement between the County and the City of Oakley pertaining to the annexation of the East Cypress Corridor Boundary Reorganization Areas. As part of the Transition Agreement, the County and the City of Oakley agreed that an affordable housing fee of $3,333 be charged for each new home built that was part of a housing development known as Summer Lakes, which was approved by the County prior to annexation by the City of Oakley. The Summer Lakes fee is collected by the City of Oakley and transferred to the County.
BACKGROUND:
In-Lieu Funds: Every residential project in unincorporated Contra Costa consisting of five or more units or more is subject to the County's Inclusionary Housing Ordinance (IHO), Chapter 822-4 of the County Ordinance Code. The IHO promotes affordable housing by requiring 15 percent of units in a housing development to be affordable units. Alternative methods of compliance include the payment of a fee in-lieu of building affordable units on-site, building off-site, or any other feasible alternative...
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