City Council Study Session Agenda and Packet 2016 10 25

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-a 1 rn 0 0 0 a a to E m a 0 V 0 CO ■ ■ ■ ■ Site Challenges: The RL -2 zoning allows three individuals to live in the home, however, under the City of Boulder's zoning code, group homes can have 8 individuals living in them, or up to 10 with city manager approval. This site would be best for 8 residents and a residential staff person. The home will need some modifica- tions for accessibility and fire safety. Making changes to the group home zoning regulations in other Boulder County communities could allow similar large homes to be used as —permanent supportive housing for individuals, families, and youth. Site Opportunities: Using the group home zoning allowed by the City and smaller residential buildings, homeless providers can provide low-den- sity supportive housing without the long, drawn out, planning, zoning and financing processes required for larger, newly con- structed buildings. Large homes could be purchased in multi- ple communities as suitable homes appear on the market, and with some rehabilitation, be ready for occupancy in a fairly short timeframe. Site Transit and Service Access: This sample site is near bus stops, as well as two blocks from a bike path. Service and employment opportunities are not far, and there is a grocery store within a mile of the property. Finding properties near public transportation is a key consideration, as are homes that are walkable to amenities and services. Other Considerations: Cities who have used larger homes as permanent supportive housing group homes have required that the property house one sex only, and often choose residents carefully to ensure that a group living environment is appropriate and beneficial to the individual and group. Development Potential Proforma: Total Cost to Acquire and Modify for Group Use = $697,700 Potential Funding Sources: This project example is too small to use many financing and equity resources, such as Low Income Housing Tax Credits or Private Activity or Housing Authority Bonds. However, other sources of local and federal funding could be used, such as HOME funding and City of Boulder or Longmont Funding, Boulder County Worthy Cause funding, and funding through the Metro Denver Homeless Initiative for acquisition or for rental subsidies. Other potential sources are the Colorado Division of Housing National Housing Trust, Housing Devel- opment Grant funds. Boulder County Permanent Supportive Housing Study Potential Development Site Analysis Acquisition + Rehabilitation, Longmont Site Size 16,000 sf of residential space Site Zoning Low Density Residential Proposed Height Restriction NA — existing Proposed Density Current is 25 units/acre — 18 units on .7 acres Number and Types of Units 18 current units in two buildings; 10 one bedroom; 8 two bedroom H + T Index/VUalkability Score/Transit Score Walk Score 86 (very walkable), (no transit or bike score available); Transportation H+T Score 18% (City 19%, Boulder County 19%) Nearby Amenities Downtown Longmont, library, parks, restaurants Site Assessor's Value/Sales Price Listed for $2,575,000 Site Current Conditions: The property is older and it is assumed that units will need some rehabilitation. The building is currently not accessible, and a ramp and modifications to some first floor units would be required to comply with ADA. -a w rn 0 0 0 0. a w 0 ra E 0 a c 0 U L 0 m ■ ■ ■ ■ 30 36 37