TO:                  Mayor and City Council

           

FROM:            City Staff       

 

SUBJECT:     Strategies to Increase the City’s Supply of New Affordable Units

 

 

 

INTRODUCTION

 

This report discusses the Affordable Housing Production Program and other policies and programs that the City Council may want to consider updating so that annual affordable housing production better fulfills the goals of Proposition R. 

 

 

BACKGROUND

The City Council directed staff to evaluate the Affordable Housing Production Program and/or other City programs and policies, and suggest ways to update these  provisions to facilitate meeting the Proposition R affordable housing goals (that 30% of all newly constructed multifamily housing each year be affordable to low and moderate income households). 

 

As a matter of law and policy, the City of Santa Monica is committed to producing and preserving affordable housing.   This commitment is effectuated, in part, through the City's Affordable Housing Production Program (SMMC Chapter 9.56).  This program requires that developers of new market-rate multifamily housing within the City include affordable housing units on-site, construct them off-site, pay an affordable housing fee to the City, or acquire and dedicate land to the City for construction of affordable units. 

 

DISCUSSION

Changes in the realities of housing production and in California law yield new constraints and opportunities for the City concerning affordable housing requirements.  Pursuant to Council direction, staff has worked with a consultant to review options for  updating the Affordable Housing Production Program (AHPP), including revising  its affordable housing fees, and considering incentives that might encourage more developers of market-rate multifamily housing to construct affordable housing units.

 

There are several options involving revisions to the AHPP, zoning regulations, permit procedures and other City policies that the City Council may discuss and consider.  These options are categorized as follows:

 

1.      Update the affordable housing fees

2.      Make other adjustments to the affordable housing fee

3.      Increase the density bonus

4.      Further reduce parking requirements

5.      Waive, reduce or defer various permit fees

6.      Broaden permit streamlining

7.      Amend Proposition R

8.      Require on-site affordable units

 

On February 17, 2005, the Housing Commission considered the information presented in this staff report.  On March 17, 2005, the Housing Commission and the Planning Commission held a joint meeting to consider and discuss these options.  The purpose of the March 17th meeting was for the two Commissions to make recommendations to the City Council regarding these options.  The Housing Commission and the Planning Commission reached a consensus recommending that Council adopt four of the proposed fifteen options identified in this report:

1)   Increase the affordable housing fee to the highest supportable level

(Option 1);                                         

2)   Eliminate the current affordable housing fee discounts (Option 2.a);

3)   Incorporate an annual inflation adjustment to the affordable housing fee (Option 2.c); and

4)   Allow payment of the affordable housing fee for fractional units (Option 2.d). 

 

The two Commissions also reached a consensus that two other proposed options should not be pursued:

1) City permit fees should not be waived, reduced or deferred (Option 5); and

2) Broadened streamlining is not endorsed at this time but, Council should revisit that option in the future (Option 6).

 

Finally, the Commissions recommended that City Council should direct staff to continue researching the legal feasibility of mandating some affordable units (whether on-site or off-site) for all new multifamily developments (Option 8).

 

 

The remaining options that the Commissions did not reach consensus are:

1)   Adjust the fees to account for construction and land cost inflation to time of use (Option 2.b);     

2)   Vary the fees by City subarea (Option 2.e);

3)   Change the basis of fee imposition to a percent of sale price for condominiums.  (Option 2.f);

4) Require affordable housing fee payment when obtaining building permit (Option 2.g);

5)  Allow market rate multi-family developers to purchase “credits” in affordable housing developments built by other parties (Option 2.h);

6)   Increase the density bonus (Option 3);

7)   Further reduce parking requirements (Option 4); and

8)   Amend Proposition R (Option 7).

 

All of the options presented to the Housing Commission and Planning Commission are explained below in further detail.

 

1. Update the Affordable Housing Fee

Since the adoption of the AHPP, most developers, and particularly developers of condominium projects, have elected to pay the affordable housing fee rather than construct affordable units on-site or off-site.  These fees are deposited into the City’s Housing Trust Fund and are then provided as grants or loans to developers of affordable housing, who usually leverage City funds with other financial resources.  Thus, the amount of the affordable housing fee bears a direct relationship to the number of affordable units that can be constructed.

 

The current housing fees have not been updated for several years.  The fee applicable to apartments was first established in July 1998 at $6.14 per square foot and has never been updated.  The condominium fee was originally established in July 1998 at $7.13 per square foot and was then updated in March 2000 to $11.01 per square foot.   These fees were established based on a study prepared by Hamilton, Rabinovitz & Alschuler, Inc. (HR&A) that focused exclusively on the relationship between the demand for goods and services created by households who occupy new market-rate multifamily development in the City, the number of low-wage workers needed to satisfy this demand, and the costs of producing the affordable housing needed by these workers who reside in low-income households. The study established the fee range per square foot that could be imposed on new market-rate multifamily development to help finance the development of affordable housing needed to meet the demand created by market-rate multifamily housing development.  The calculation approach was thoroughly peer reviewed, at the request of the City Council, and has received favorable commentary in the professional literature.

 

The formula for calculating the affordable housing fees was based primarily on the income and spending patterns of households in new market-rate housing, the lower-wage labor demand needed to support this spending, and the cost of constructing multifamily housing affordable for those lower-wage workers who reside in low-income households.  A detailed explanation of these factors is included in Attachment A.  Since the adoption of the current affordable housing fee for apartment and condominium developments, new household income and spending and other data have become available, and the costs of constructing, renting, and purchasing multifamily housing have all increased significantly.  A detailed explanation of the changes in the data used to recalculate the affordable housing fees since the last fee update is included in Attachment B. 

 

Based upon the HR&A’s study formula and current data detailed in Attachments A and B, and broadening the labor demand analysis to also include moderate-income households (up to 100% x area median income {AMI}), consistent with Proposition R, the resulting new fee for apartments would be approximately $21.68 per square foot and the new fee for condominiums would be approximately $25.63 per square foot subject to additional adjustments discussed subsequently in this report and any further refinements of the analysis.  The preliminary calculations represent an increase of approximately $15.54 and $14.62 per square foot, respectively.

 

2. Other Adjustments to the Affordable Housing Fee Option

There are several other refinements to the AHPP’s affordable housing fee that should be considered to ensure that it constitutes an equivalent affordable housing obligation as on-site or off-site construction.

 

a) Eliminate the affordable housing fee discounts.  The fee discounts contained in the AHPP may no longer be necessary.  Currently, the AHPP includes a twenty-five percent (25%) discount on fees imposed on developments constructed on vacant land in residential zones, and fifty percent (50%) discount for developments constructed on non-residential sites (that do not already contain multifamily units).  These fee discounts were intended to help steer new multifamily development away from underdeveloped sites in multifamily neighborhoods and toward commercial areas.  Multifamily development activity since the fee discounts were established has occurred primarily in the non-residential areas of the City, particularly the downtown.  This trend likely reflects the higher densities allowed in the downtown and not the fee discounts.  Therefore, the fee discounts no longer appear necessary or justified.

 

b) Adjust the fees to account for construction and land cost inflation to time of use.   Affordable housing fee revenue is deposited in the City’s Housing Trust Fund and often takes a few years to accumulate until sufficient funds are available to fund new affordable housing.  During this interim, the fee revenue loses some of its purchasing power due to construction and other development cost inflation including increased land costs.  The fee amount could be adjusted upward by an annual inflation factor for the average time the funds remain in the account prior to expenditure.  The inflation adjustment should, ideally, reflect a combination of factors such as changes in construction costs, area median income, and land value based on data that is readily available.  The inflation factor formula may need to account for any interest earnings the City receives on the deposit of such funds.

 

c) Annual inflation adjustment.  The AHPP provides for periodic recalculation of the fees to account for changed housing market circumstances, but this is not automatic and historically has not been performed annually.  The program could provide for an automatic annual inflation adjustment to the base fee amounts between periodic recalculations, just as the office development affordable housing fee is adjusted.  This would be in addition to the inflation factor described above, which accounts for the time that the fee revenues are held in the Housing Trust Fund.  Once again, the inflation factor should reflect a combination of factors such as changes in construction costs, area median income, and land value based on data that is readily available for calculating the annual adjustment. 

 

d) Allow fees for fractional inclusionary units.  For developers who elect to include units in their developments, but application of the percentage requirement results in a fraction of a unit, consider applying the fee formula to the fractional unit.  This would eliminate an on-site production disincentive in situations where the affordable percentage calculation results in a fraction of a unit that then must be rounded up to the next integer and treated as a whole affordable housing unit.  This would not diminish the affordable housing requirement.

 

e) Vary the fees by City subarea.  Fees could be established for several subareas of the City, as defined by housing market differences (e.g., average land values, rents and/or purchase prices).  As is current practice, the affordable housing fee update considers such differences and then averages across them for a City-wide apartment and condominium development fee per square foot.  This averaging approach has the effect of slightly under-pricing the fee in higher-cost areas of the City (e.g., north of Wilshire) and slightly over-pricing the fee in lower-cost areas.  Since the adoption of the AHPP, more market rate units have been constructed in higher-priced or rapidly appreciating areas.  To the extent that this continues to be the case, the City may be losing fee revenue.  Setting the fees at rates specific to their submarket areas would eliminate this circumstance.  The City Council could also consider adopting a uniform fee based on a weighted average.

 

f) Change the basis of fee imposition to a percent of sale price for condominiums.  The current affordable housing fee is imposed per gross square foot of new multifamily development.  This means that the fee has a relatively larger impact on small developments and developments located in lower-price areas compared with the impact on larger developments or developments located in higher-price areas.  One way to minimize such effects, and allow the fee to move automatically in tandem with changes in the real estate market, is to impose the fee as a percentage of the sale price.  For example, the updated fee for a typical five-unit condominium development north of Wilshire Boulevard is equivalent to about four and nine tenths percent (4.9%) of the average sale price in that area.[1]  This approach, however, would be more complicated to administer and difficult to enforce.

 

g)  Require affordable housing fee payment when obtaining building permit.  Currently the affordable housing fee payment is not due until the development is completed.  The City uses these fees to subsidize affordable units, and the ideal scenario is to have the development of such units happen concurrently with the associated market-rate units.  Therefore, requiring developers to pay the affordable housing fee at the time they obtain a building permit for their market-rate units assists in achieving the concurrent development scenario. 

 

h) Allow market rate multi-family developers to purchase “credits” in affordable housing developments built by other parties.  Another option for meeting the affordable housing obligation would be for developers to pay non-profit or for-profit developers of affordable housing developments for some of the units in those developments provided the payment is essential to completing the financing of the development and complies with other elements of the AHPP.  This approach would be an alternative to paying an affordable housing fee to the City, and could result in faster construction of affordable housing since the payment would be used to complete the financing for a development already under way.  In addition to amending the AHPP, such a credit system would require establishing new administrative guidelines to ensure that the payment for credits is at least equal to the amount of the otherwise applicable affordable housing fee, and that the payment will result in relatively prompt construction that would not otherwise result.  All other requirements for off-site affordable units, including type, size, location relative to the market rate development, occupying household income and price restrictions, would also apply.  City monitoring of such private transactions would be required.  This “credit” concept is a feature of the inclusionary housing ordinance in Santa Cruz (Santa Cruz Municipal Code Section 24.16.030).

 

3. Increase the Density Bonus

Currently, if a multifamily development satisfies its AHPP affordable housing obligation by including affordable units on-site, other sections of the Zoning Code provide a minimum density bonus of twenty-five percent (25%) above the underlying zoning standard for that site.  Until January 1st of this year, the density bonus allowed in that instance was the same as that mandated by State law, and was commonly referred to as the State density bonus.  To be eligible for this density bonus a development had to have at least ten percent (10%) of the units affordable to very low-income households or twenty percent (20%) of the units affordable to low-income households, which are the same thresholds for the affordable requirements in the AHPP. 

 

The density bonus now mandated under State law that became effective January 1st provides for a sliding scale of density bonus depending on the percentage of affordable units included in a development.  The density bonus sliding scale ranges from a minimum of twenty percent (20%) to a maximum of thirty-five percent (35%).  However, the minimum eligibility criteria for the new density bonus have been relaxed.  A multifamily development that includes only five percent (5%) of the units affordable to very low-income households (lowered from the previous 10% requirement), ten percent (10%) of the units affordable to low-income households (lowered from the previous 20% requirement), or ten percent (10%) affordable to moderate-income households in a condominium development, is now eligible for a minimum twenty percent (20%) density bonus (lowered from the previous 25% density bonus).  State law now allows a maximum density bonus of thirty-five percent (35%) to a development that dedicates either eleven percent (11%) of its units to very low-income households; twenty percent (20%) to low-income households; or twenty-five percent (25%) of the units in a condominium development to moderate-income households. 

 

The State law revision also requires that between one and three “incentives or concessions” must be provided to a developer, depending upon the percentage of affordable units included in the development. 

 

It appears that the  City’s zoning regulations  may need to be amended to be consistent with the new State density bonus law, and this increased density bonus (from 25% to 35%) for meeting the AHPP requirements may provide a sufficient incentive for more inclusion of affordable units in developments, rather than payment of an affordable housing  fee.  Planning staff is preparing a more detailed analysis of the implications of this State law on current City requirements for future Council consideration.

 

4. Further Reduce Parking Requirements

Another incentive to consider for developments that include affordable units is a reduced parking space requirement.  The City zoning regulations currently allow a reduced parking requirement, but only for each affordable unit.  However, multifamily developments also have a parking requirement regarding guest spaces, and the current zoning regulations do not allow for this requirement to be reduced when affordable units are included in the development.  The new State density bonus law discussed above mandates that developments qualifying for the density bonus must also be granted a reduced parking requirement.  Again, it appears that the City’s zoning regulations may require amendment to be consistent with the new State density bonus law.  Because the cost of parking, most often in subterranean levels in Santa Monica, is a significant development cost, this change mandated by State law may also provide an incentive for developers to include affordable units in their developments.

 

5. Reduce, Defer or Waive Various Permit Fees and Taxes

There are various fees and taxes associated with multifamily housing development involving planning and zoning applications, building permits, utility and sewer hook-ups and parks and recreation fees.  These fees pay for City services provided in reviewing planning applications, building plans, construction inspections, and other services.  These fees amount to tens of thousands of dollars for small developments and hundreds of thousands of dollars for larger developments.  Developers typically have to pay these fees and taxes out of the equity contribution to the development, because payment is required prior to the time a construction loan can be obtained, and these costs are not always reimbursable from the construction loan. 

 

One incentive to consider would be to reduce, defer or waive such fees and taxes on a proportional basis to reduce the cost to the developer of providing affordable units in their developments or constructing them off-site.  The AHPP already provides for a waiver of the Condominium Tax and the Park and Recreational Facilities Tax for constructed affordable units.  A similar approach could be applied to planning permit fees, building permit fees and other public works-related fees.  Alternatively, these fees could be reduced by some percentage, or payment could be deferred to issuance of the certificate of occupancy, rather than at issuance of the building permit.  Although such a policy would reduce the cost for those developments containing affordable units, the City services represented by these fees would still have to be provided, and the loss of revenue from these fees could create a budget problem and ultimately affect staff availability for these functions.

 

6. Broadened Permit Streamlining

The time required to complete the City’s permit processes also adds to the cost of development, and any time savings for developments that include affordable units might serve as an effective incentive.  Currently the AHPP provides that developments which include affordable units are to receive priority plan check review (i.e., building permit process).  However, a development begins at the planning application stage and ends at the completion of construction.  Another incentive to consider involves permit streamlining for the planning approval process (and any appeals involving a public hearing) and priority construction inspections.  The entitlement process, plan check process and the construction inspection process all take time that adds to the cost of development.  To the extent that a development timeline can be reduced, there are cost savings to a developer that may mitigate some of the cost of providing affordable units.

 

7. Amend Proposition R

Proposition R requires that thirty percent (30%) of all new multifamily housing on an annual basis be affordable to low and moderate income households.  Proposition R could be amended to allow existing units that are rehabilitated and dedicated as affordable (via recorded covenants) to count toward the thirty percent goal.  For example, the City uses a portion of its housing trust funds to subsidize the acquisition and rehabilitation of units by the nonprofit housing community.  This effort does not count toward the achievement of Proposition R goals, even though the number of affordable units is increased by this activity.  Dedication of existing units furthers the goals of preserving and creating affordable housing, whether undertaken by nonprofit or market-rate developers. 

 

Proposition R could also be amended so that the thirty percent requirement must be achieved over a multi-year average, rather than the current annual basis.  For example, some years the percentage of affordable units created on an annual basis may significantly exceed the thirty percent requirement (as in the 1990’s), while more recently, production has been below the thirty percent requirement.  However, on an aggregate basis to date, actual affordable housing production has exceeded the Proposition R mandate, achieving an affordable housing rate of approximately forty percent (40%).  Therefore, allowing the thirty percent standard to be met using a multi-year average would level the year-to-year highs and lows associated with real estate market cycles and financial packaging for affordable developments, and may provide a more rational basis for evaluating the results of the City’s overall affordable housing programs.  Since Proposition R is a City Charter provision, any amendment would require a vote and majority approval by the City’s residents.

 

8. Require On-Site Affordable Units

Ordinance No. 1615 (City Council Series), the City’s Affordable Housing Production Ordinance that preceded Ordinance No. 1918 (CCS) mandated that affordable housing units be developed on-site with limited exception.  When Ordinance No. 1918 (CCS) was adopted, the City Council chose to expand the options for compliance with the affordable housing obligation for both policy and legal reasons.  As discussed below, the legal concerns have not changed appreciably since Ordinance No. 1918’s adoption. 

 

Legal Issues

A city’s authority to adopt an affordable housing production program was most recently affirmed in Home Builders Association of Northern California v. City of Napa.  However, the specific requirements of these programs may still be subject to judicial scrutiny.  In considering possible amendments to the AHPP, several potential legal issues have been raised.  No doubt other issues will arise as the City proceeds to evaluate and update its affordable housing production ordinance.

 

One issue concerns the ability of a city to mandate on-site inclusionary rental units.  The legal uncertainty regarding a city’s ability to impose a mandatory on-site requirement has not changed substantially since the City adopted its AHPP.  More specifically, as to apartments, the issue remains whether the Costa-Hawkins Rental Housing Act (“Costa-Hawkins Act”) prevents a local authority from controlling the rents on inclusionary housing units.  While the Costa-Hawkins Act was certainly not drafted with this purpose in mind, its broad language might be read to affect this result.  Moreover, efforts in the State legislature to modify the law to eliminate this possibility have failed.  Also, the applicability and utility of the Costa-Hawkins Act exception for contracts with developers is unclear.  Finally, it should be noted that the City’s prior inclusionary ordinance, Ordinance No. 1615 (CCS), which required on-site units was challenged under the Costa-Hawkins Act.  Although no final decision was rendered since the City changed the ordinance while the case was pending, the trial court had preliminarily concluded that Costa-Hawkins applied to inclusionary units.  These concerns do not apply to for-sale affordable condominiums.

 

The second issue concerns nexus requirements.  Current case law continues to require a connection between any exaction imposed upon a private developer and the impacts of that development, although the relationship between means and ends does not have to be as thoroughly established for legislatively imposed fees as for ad hoc, development-specific fees. 

 

For instance, in San Remo Hotel v. City and County of  San Francisco (a case which challenged San Francisco’s residential hotel conversion law), the California Supreme Court reiterated the necessity of a connection between development mitigation fees and development impacts.  While the Court held that the heightened scrutiny established by the United States Supreme Court in Nolan v. California Coastal Commission need not be met, development mitigation fees must still bear a reasonable relationship in both intended use and amount with the deleterious impacts of the development.  The Court stated that this requirement was both a matter of statutory law and constitutional law.

 

In City of Napa, the California Court of Appeal rejected a facial takings challenge to Napa’s inclusionary housing ordinance which required that ten percent (10%) of the housing units be affordable on site.  The Napa ordinance provided alternatives.  Developers of single-family units could satisfy the requirements through other means (e.g., land dedication, units at another site, affordable housing fees).  Developers of multi-family units had to seek City Council authorization to pursue an alternative.  In upholding the law, the Court noted that the ordinance imposed a relatively modest exaction and provided significant benefits to developers.  More importantly, the ordinance expressly allowed developers to challenge the ordinance’s requirements based on a lack of nexus by applying for a reduction, adjustment or waiver.  Thus, although the case is certainly favorable for cities, it does not stand for the proposition that no nexus is necessary.  Rather, it upholds a local ordinance which shifts the burden to developers to show the absence of a nexus instead of requiring cities to perform nexus studies before adopting an inclusionary ordinance.

 

Another issue concerns the impact of the Ellis Act on inclusionary housing requirements.  To the extent that the requirements are based on the loss of existing housing stock removed pursuant to the Ellis Act, the ordinance may be subject to challenge, based on the decision in Bullock v. City and County of San Francisco.  A recent Court of Appeal decision reaffirmed the Bullock decision, Reidy v. City and County of San Francisco.  However, since the San Francisco conversion ordinance challenged in Bullock and Reidy required a one-for-one replacement of residential hotel units or payment of a substantial affordable housing fee, neither of these cases provides clear guidance on the remaining extent of municipal power to foster the replacement of affordable units lost to Ellis withdrawals.

 

Budget/Financial Impact

No budget or financial impact is incurred as a result of action on this recommendation.  Future budget or financial impact will be identified and reported.

 

RECOMMENDATION

It is recommended that the City Council consider and discuss the various affordable housing strategies outlined in this report including the recommendations of the Housing and Planning Commissions, and provide direction to staff to prepare applicable amendments to the Affordable Housing Production Program and/or other City policies or programs, for subsequent Council action.

 

 

Prepared by:              Jeff Mathieu, Director, Resource Management Department

Ron Barefield, Acting Housing & Redevelopment Manager

                                    Jim Kemper, Acting Housing Administrator

 

 

 

ATTACHMENTS

 

Attachment A:            Overview of the HR&A’s Affordable Housing Impact Analysis Approach

 

Attachment B:            Changes to Prior Application of the Affordable Housing Impact Calculation Approach

 


 



[1] Assumes the recalculated citywide average condominium affordable housing fee per square foot applied to a five-unit North of Wilshire condo project with average sale prices of $816,969 per unit (i.e., [$25.63/s.f. x 7,800 s.f.] / [$816,969 x 5 units] = 4.9%).