Planning Commission Agenda and Packet 2022 08 11

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Planning Commission Meeting Minutes July 14, 2022 Page 2 of 8 • Case Planner: Lisa Ritchie, Fire Recovery and Planning Manager All notice was met as required and there is no commissioner conflict of interest. Staff Presentation: Ritchie reviews the ordinance request that was considered by the commission on June 9, 2022. She explains the following: • It required 30% inclusionary housing when a property is rezoned from a non- residential zone district to one that allows residential uses. • It did not apply to residential units developed in a zone district that allows housing through SRU. • It included a fee -in -lieu option. • It did not include new regulatory language in the "Declaration of Policy for Rezoning" of property in the Louisville Municipal Code. She discusses the City -endorsed Boulder County Regional Housing Partnership Regional Housing Strategy that was developed in 2018. • Goal of 12% Housing Permanently Affordable County -Wide by 2035 • Mix of New Housing and Preserving/Acquiring Existing Housing Stock She explains the city ordinance adopted on June 15, 2021 and the following: • Requires that a minimum of 12% of all new housing be deed restricted and o There is a Fee -in -lieu option o Building may occur on -site or acquire units off -site o Land may be dedicated in lieu of providing units on -site o Enter into alternative agreement that provides equivalent affordable housing On August 24, 2021, there was discussion with, and direction from, with City Council. Staff brought a discussion for incentive options that could increase the amount of affordable housing within the City. City Council directed development of a housing study and discussion through the Comprehensive Plan process of possible incentives and areas within the City that could support additional affordable housing. The City received a $60,000 Colorado Department of Local Affairs grant for a housing study. The Housing Study and Comp Plan efforts were postponed due to the 2021 Marshall Fire. She discusses the current draft ordinance, which includes the following: • Included on 2022 City Council work plan • Requires 30% inclusionary housing when a property is rezoned from a non- residential zone district to one that allows residential uses • Applies to property with residential uses approved through an Special Review Use (SRU) • Applies to a General Development Plan (GDP) or GDP Amendment with residential uses • Removes the fee -in -lieu option and requires the construction of on -site units This ordinance would add new rezoning criteria language in Sec. 17.44.050 — Declaration of Policy for Rezoning