City Council Agenda and Packet 2019 04 09 SP

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SUBJECT: REGIONAL AFFORDABLE HOUSING DATE: SEPTEMBER 19, 2017 PAGE 5 OF 7 Identify land and development opportunities within Louisville that could include affordable housing, and support purchases of land for future affordable housing. Collaboration and partnership Sustain partnerships with neighboring communities and establish (formal or informal) agreements around affordable housing solutions. Mobile Home Park Update and Policy Considerations On April 4, 2017 City Council reviewed possible policies and actions for preserving mobile home parks as a means of promoting affordable housing. The City currently has one mobile home park located southwest of 5. Boulder Road and Via Appia named Parco Dello Zingaro. Since inception, the mobile home park has provided an affordable housing option for residents. The split -tenure ownership model of the park (residents own the homes but lease the lot) allows a more affordable option for entering into the home ownership market. The development plan for Parco Dello Zingaro includes 94 lots on an approximately 1 E-acre parcel. The property is zoned Residential Medium Density (RM) and could redevelop at some point with unrestricted market rate housing under this zoning classification, which allows multifamily and single family development at a density of approximately 12 units per acre. At the April 4th meeting, Council directed staff to conduct further research on mobile home park preservation options and hold discussions with the mobile home park owner and Boulder County Housing Authority (BCHA) on possible policies and actions for preserving the mobile home park. Since the April 4th meeting, staff met with the Parco Dello Zingaro owner and the park's managers to discuss the City's interest in preserving affordable housing. The park owner runs several mobile home parks in the Metro Area and expressed that they are interested in Tong -term ownership of the park and would be willing to work with the City as long as they were able to maintain ownership and would receive compensation for any change in future development rights. Among other items discussed were the status of current infrastructure in the park, future needs of the park to keep it viable, and if there was interest in developing mobile home parks in other areas of the City. Staff has also met with BCHA and City of Boulder staff to discuss their experience with similar efforts and possible policy changes or programs to achieve preservation of the mobile home park. The City of Boulder has been active in preserving mobile home parks since the mid-1990s, and has purchased two parks with fioodplain-related grant assistance. The City of Boulder has also worked with local residents to facilitate a cooperative ownership structure for one of their mobile home parks, where an association of residents owns and manages the park. BCHA has not managed a mobile home park or developed any specific policies for mobile home parks, but expressed interest in assisting with the City's efforts. Both the City of Boulder and BCHA cautioned that a common challenge for mobile home parks is that many have dilapidated or inadequate infrastructure that makes transfer of ownership and long-term maintenance and viability of the parks challenging. CITY COUNCIL COMMUNICATION 242 10