City of Alexandria, Virginia
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MEMORANDUM
DATE: DECEMBER 2, 2020
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
DOCKET TITLE:
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Consideration of an Update to the City's Affordable Housing Contributions Policy and Procedures
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ISSUE: Update to the Affordable Housing Contribution Policy and Procedures.
RECOMMENDATION: That City Council receive and discuss the proposed Update to the City's Affordable Housing Contributions Policy (Attached) and schedule this Update for public hearing consideration and adoption on December 12, 2020. In the updated document key policy recommendations include:
(1) Requiring applications pursuing residential density above levels envisioned in an underlying small area plan (SAP) to provide 10% of the additional density as affordable housing in core markets and 8% in emerging markets;
(2) Requiring 2% of the total units (minimum of one unit) be affordable1 for continuum of care (COC) projects, other than rezonings, which pursue density above levels envisioned in an underlying SAP;
(3) Requiring COCs seeking rezonings to provide 3% of the total units (minimum of one unit) yielded through density above levels envisioned in an underlying SAP as affordable, with 2% (minimum of one unit) provided on the base unit number;
(4) Requiring age restricted/independent living multifamily projects pursuing density beyond the level envisioned in an SAP, other than through a rezoning, to provide a monetary contribution (or convert the contribution to onsite units) based on the existing City contribution policy and procedures;
(5) Requiring age-restricted/independent living multifamily projects pursuing density beyond the level envisioned in the SAP, through a rezoning, to provide 3% of the total units yielded through that density (minimum one unit) as affordable through a 60% discount on housing and se...
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