AGENDA DATE: 7/7/2021
TITLE:
Title
CPA2020-00001: Housing Albemarle
BODY
SUBJECT/PROPOSAL/REQUEST: Amend the Comprehensive Plan and the Affordable Housing Policy to incorporate updated recommendations for housing objectives and strategies.
ITEM TYPE: Consent Action Item
STAFF CONTACT(S): Richardson, Walker, Kamptner, Filardo, Savides, Pethia
PRESENTER (S): Stacy Pethia
LEGAL REVIEW: Yes
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: During its meeting on May 4, 2021, the Planning Commission adopted a resolution recommending approval of CPA202000001 Housing Albemarle. During a public hearing on CPA2020-00001 on June 16, 2021, the Board directed staff to revise the housing policy documents to articulate that implementation of Strategy 1a: Action Step 1, the proposed maximum rental and sales prices for affordable and workforce housing units, and Strategy 5a: Action Step 1, will be delayed until a package of developer incentives for affordable housing is approved.
STRATEGIC PLAN: Infrastructure Investment - Prioritize, plan, and invest in critical infrastructure that responds to past and future changes and improves the capacity to serve community needs.
DISCUSSION: Staff has revised both the Summary of the Housing chapter of the Comprehensive Plan (Attachment A), Chapter 9 (Housing) of the Comprehensive Plan (Attachment B), and the proposed Housing Albemarle Policy itself (Attachment C), as directed. Attachment D summarizes the changes made to each document.
Following approval of CPA202000001, staff will move into the implementation phase of the Housing Policy, with an immediate focus on a package of developer incentives for affordable housing. Staff anticipates returning to the Board with a proposed incentives package in September 2021.
BUDGET IMPACT: Incorporation of Housing Albemarle into both the comprehensive plan and zoning ordinance update processes is anticipated in the staffing levels for those projects. As specific housing prog...
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