Planning Commission Agenda and Packet 2024 08 08

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Planning Commission Meeting Minutes April 11, 2024 Page 2 of 6 Hirt explained that some issues had arisen since public notice was issued. He said that staff recommended continuing the application to the next scheduled meeting. Motion to continue Resolution 3, Series 2024, was moved by Baskett and seconded by Choi. The motion was adopted by a vote of 7 to 0. b) Louisville Housing Plan — consideration of draft Housing Plan prior to presentation to City Council for consideration of adoption Staff Presentation: Hirt introduced a presentation for the City's draft Housing Plan. He said that it was up to the Commission as to whether they wanted to vote to recommend approval of the plan to the City Council. He explained what the plan covered, why it was needed, and the adjacent efforts the City was conducting. Commissioner Questions of Staff. Brauneis asked whether there were statistics in the plan relating to area median income. Zuccaro said that between 120% and 140% of area median income could be considered workforce housing. He noted that many tech companies were struggling to recruit workers in Louisville due to the high cost of housing. Choi asked whether the numbering of strategies indicated an order of precedence. Hirt said no, and that they had considered not numbering them to help avoid confusion regarding this. He suggested that they could preface this to make clear that they are not numbered in order of precedence. He then explained how they arrived at the layout of the options in the plan. Mihaly asked how the proposed timeline of the Housing Plan related to the timeline of the Comprehensive Plan. Hirt said that adoption of the Housing Plan would dovetail into the drafting of the Comprehensive Plan. There was a discussion as to what an endorsement of the Plan by the Commission would entail, and whether it would have an impact on the City Council's consideration of the plan. There was a general agreement that the Commission should recommend the Plan to Council. Bangs asked what the net new rate of new property construction was prior to the Marshall Fire. Zuccaro said that it was more than 25 per year before 2017, though it had dropped to around 10 each year since then, notwithstanding the fire. Bangs wondered whether this level of growth would be comparable to previous decades. Zuccaro said that this would not be unprecedented compared to the 1980s and 1990s, but would be more than had been constructed in the past decade.