Planning Commission Minutes 2007 01 11

Home Browse Search

Planning Commission Meeting Minutes JANUARY 11, 2007 Page 7 of 9 Applicant Presentation: Frank Alexander, Louisville Housing Authority provided an overview of the program requirements, the income certification protocol and calculating income eligibility. Members of the Public: Rick Brew, 457 Pearl St., Boulder, reviewed the letter he sent to the Planning Department. He requested the Commission to consider how to give developers and the housing authority an opportunity to get together to discuss the IZ. Jay Keany, 1480 Wilson Place, Chair of the Louisville Housing Authority discussed the cash-in- lieu and density bonus features of the ordinance. Commission Questions of Staff and Applicant: Sheets asked where the cash-in-lieu funds would be held. Wood stated they would go into a special housing fund. Keany stated the intent of the money would be having it put back into the program. Sheets asked if the housing authority had addressed the administration of the program and the overall cost of the program. Wood stated it had not been done. Keany stated it could be a multi-community managed program. McA vinew and Deborski expressed concerns with the administration of the program and not having that already in place. Lipton, Loo, Dalton and Deborski discussed how the cost of the affordable housing unit would be built into the cost of other homes in the development. It also included a discussion of the importance of a density bonus. Public Hearing Closed / Commission Comments: Sheets stated she generally favors an affordable housing program but she sees several details that need to be worked out. Deborski stated his support for the concept of an affordable housing program. He also supports the request from Brew to bring together some developers and the Housing Authority. Pritchard stated the developers need to have the opportunity to have input. He also stated that he does not support the program. Loo stated the document is a flawed document. She expressed concern with the amount of effort being put into the program and is it really worth it. Dalton's remarks were as follows: . This is a scheme for subsidizing home ownership as opposed to subsidized rental. The implicit understanding in an undertaking such as this is that the community should make the American dream of home ownership more easily achievable at public (taxpayer) expense. . If this were Superior before Rock Creek began construction, this would be a fair way to proceed, because it would tax virtually all of the other residents. They would be supporting (subsidizing) this 10" portion of the dwellings.