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2025 Louisville City Council Work Plan <br />Affordable Housing <br />Affordable Housing includes implementation of the Housing Plan through development and <br />adoption of code changes and policies, partnership with regional efforts, and a push to break <br />ground on new units within Louisville. <br />Additional Guiding Documents <br />• Housing Plan <br />• State Requirements — HB 24-1313 (Housing in Transit Oriented Communities), SB 24- <br />174 (Sustainable Affordable Housing Assistance), HB 24-1152 (Accessory Dwelling <br />Units), HB 24-1007 (Prohibit Residential Occupancy Limits), HB 24-1304 (Minimum <br />Parking Requirements), HB 24-1175 (Local Government Rights to Property for Affordable <br />Housing), and Proposition 123 Compliance <br />2025 Projects and Actions <br />Item <br />Description Council Actions <br />Building the Foundation <br />A potential overview of housing <br />legislation and/or another <br />meeting with the housing <br />authority <br />One study session. <br />Code Update: ADUs <br />Housing Plan implementation <br />item to update the accessory <br />dwelling unit codes due to <br />state regulations. (City Council <br />provided direction in mid- <br />2024) <br />Two council meetings in early <br />2025 (1" and 2"d Readings). <br />Code Update: <br />Inclusionary Housing <br />Ordinance (IHO) <br />Housing Plan implementation <br />to update the inclusionary <br />housing ordinance to address <br />incentives for providing more <br />affordable housing, updates to <br />fees, and other refinements. <br />Anticipate 2-3 council <br />meetings, mid 2025. <br />Potential City Initiated <br />Rezoning <br />Consider potential city - <br />initiated rezoning of a parcel <br />for housing development. The <br />2025 Comprehensive Plan's <br />future land use framework will <br />provide guidance for any such <br />rezoning. <br />As a potential action item from <br />the 2025 Comprehensive Plan, <br />there could be 1-3 meetings <br />on the subject. <br />Potential Property <br />Acquisition or Project <br />Contribution <br />Potential to utilize budgeted <br />capital funding for acquisition meeting. <br />or contribution to leverage <br />additional funding and support <br />affordable housing. <br />Anticipate at least one council <br />Prop. 123 Compliance <br />Includes audit of development Anticipate one council <br />code for compliance with Prop meeting. <br />Page 8 of 9 <br />JAN 2025 <br />