CITY COUNCIL STAFF REPORT
MEETING DATE: SEPTEMBER 2, 2015
PREPARED BY: Leslie A. Little, Asst. City Manager/Community Development
APPROVED BY: City Manager
TITLE
PROFESSIONAL SERVICES CONTRACT WITH KEYSER MARSTON ASSOCIATES FOR AFFORDABLE HOUSING IN-LIEU FEE AND NEW CONSTRUCTION CONSTRAINT ASSESSMENT
END
RECOMMENDATION(S)
RECOMMENDATION
Adopt resolution approving a not-to-exceed $32,000 contract with Keyser Marston Associates for the review of the affordable housing in-lieu fee and new construction constraint assessment and authorizing the City Manager to execute and administer the contract in accordance with its terms.
BODY
COUNCIL PRIORITIES, GOALS & STRATEGIES:
Ongoing Priorities
Maintaining fiscal responsibility
REPORT NARRATIVE:
The City of Morgan Hill has operated an affordable housing "ownership" program for nearly 25 years. As a result, the City has over 500 affordable units in private ownership, more per capita affordable ownership than any other city in Northern California. In a post redevelopment environment, maintaining the affordability of these units as well as funding the administration of program monitoring, home sales, home re-financing, foreclosure and bankruptcy is something that the City must understand completely. The sustainability and complexities of operating the City's ownership program, and the policies related to it require careful review and assessment if the City wants to continue to ensure that the affordable supply is well maintained and the owners of these units are set on a path of ownership success.
The proposed contract would assess several areas of the City's affordable housing program that are interrelated and most often impact:
* calculate cost of providing 8% on-site Affordable Units by Housing Type
* compare the cost of providing on-site units to the In-Lieu Fee Schedule, $150,000 per unit
* evaluate Cost of providing on-site units affordable at Above Moderate Inc...
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