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HomeMy WebLinkAboutAgenda_HAB_12.18.2017Notice of Meeting for the Housing Adv isory Board of the City of Georgetown December 18, 2017 at 2:00 PM at Historic Light and Waterworks Bldg, 406 W. 8th Street Georgetown, TX 78626 The City o f G eo rgeto wn is committed to comp lianc e with the Americans with Dis abilities Ac t (ADA). If yo u req uire as s is tanc e in participating at a p ublic meeting d ue to a disability, as d efined und er the ADA, reas onab le as s is tance, ad ap tatio ns , or acc o mmo d ations will b e provid ed up o n req uest. P leas e c o ntact the City Sec retary's Office, at leas t three (3) days prior to the sc hed uled meeting d ate, at (512) 930-3652 o r City Hall at 113 Eas t 8th Street fo r add itional info rmation; TTY us ers ro ute through Relay Texas at 711. Public Wishing to Address the Board On a sub ject that is pos ted on this agend a: Pleas e fill out a speaker regis tration form which c an b e found at the Bo ard meeting. C learly p rint yo ur name, the letter o f the item o n which yo u wis h to s p eak, and present it to the Staff Liais o n, p referab ly p rio r to the s tart of the meeting. You will be called forward to speak when the Board cons id ers that item. On a sub ject not pos ted on the agend a: Pers ons may add an item to a future Bo ard agenda b y filing a written req uest with the S taff Liaison no later than one week prior to the Board meeting. T he req uest mus t inc lude the s p eaker's name and the s p ecific to p ic to b e ad d res s ed with sufficient information to info rm the b o ard and the p ublic . For Board Liais on c o ntact info rmatio n, pleas e lo gon to http://go vernment.georgetown.o rg/category/b o ard s -commissions /. A As of th e d ea d lin e, n o p ersons were sign ed up to sp ea k on items other than those p osted on the a g enda. Legislativ e Regular Agenda B Pres entatio n and d is cus s io n o f munic ip al linkage fees . Sus an Watkins, Hous ing Co o rd inato r C Co nsideration and possible actio n to approve the minutes fro m the October 16, 2017 meeting. Karen Fro s t, Rec o rd ing S ecretary D Pres entatio n and d is cus s io n o f the updated d emo graphics fro m pages 7-9 of the 2012 Hous ing Element. Susan Watkins , Ho using Coordinator E Pres entatio n and d is cus s io n o f the 2012 Hous ing Element rec o mmendations . S us an Watkins , Hous ing Co o rd inator F Pres entatio n and d is cus s io n o f vario us Ho us ing chap ters/elements from other cities . S usan Watkins , Ho using C o o rd inato r Adjournment CERTIFICATE OF POSTING I, Shelley No wling, C ity S ecretary fo r the C ity of Geo rgeto wn, Texas , d o hereby c ertify that this Notice of Meeting was p o s ted at City Hall, 113 E. 8th Street, a p lace read ily acc es s ible to the general p ublic at all times , on the ______ d ay o f __________________, 2017, at __________, and remained so p o s ted fo r at leas t 72 Page 1 of 25 c o ntinuo us ho urs p receding the sc heduled time o f s aid meeting. ____________________________________ S helley No wling, City Sec retary Page 2 of 25 City of Georgetown, Texas Housing Advisory Board December 18, 2017 SUBJECT: Presentatio n and dis c us sion of municipal linkage fees . S usan Watkins , Hous ing Coordinator ITEM SUMMARY: “Linkage fees ” are a tool used b y cities to set as id e funding fo r affordable ho us ing d evelopment. A c ity with a linkage fee requirement imposes a c ertain fee on new cons tructio n bas ed o n s q uare fo o tage and d es ignates the fund s ac cumulated from the fee for future d evelopment o f affo rd ab le ho using. During the 2017 Texas Legis lative Session, Hous e Bill 1449 was p as s ed whic h p ro hibits c ities in Texas fro m c harging fees “o n new c ons tructio n fo r the p urposes of o ffs etting the cost or rent of any unit o f residential hous ing.” Staff fro m the City Atto rney’s offic e will p res ent info rmation regarding the implic ations of the legislatio n o n pos s ible d ed icated revenue streams fo r affordable hous ing. FINANCIAL IMPACT: None studied at this time. SUBMITTED BY: Charles Mc Nab b , City Atto rney Page 3 of 25 City of Georgetown, Texas Housing Advisory Board December 18, 2017 SUBJECT: Cons id eration and p o s s ib le ac tion to approve the minutes from the Oc tober 16, 2017 meeting. Karen Frost, Rec o rding Sec retary ITEM SUMMARY: FINANCIAL IMPACT: None SUBMITTED BY: Karen Fro s t, Rec o rd ing S ecretary ATTACHMENTS: Description Type Minutes _HOUAB_10.16.2017 Backup Material Page 4 of 25 Housing Advisory Board Page 1 Minutes October 16, 2017 City of Georgetown, Texas Housing Advisory Board Minutes October 16, 2107, at 3:30 p.m. Historic Light and Waterworks Building, 406 W. 8th Street Georgetown, Texas 78626 Members present: Brenda Baxter, Vice Chair; Randy Hachtel; Brian Ortego; Nikki Brennan; Harry Nelson; and Lou Sneed Members absent: Joseph Gonzales, Chair; Staff present: Wayne Reed, Assistant City Manager; Sofia Nelson, Planning Director; Nat Waggoner, Long Range Planning Manager; Susan Watkins, Housing Coordinator; Karen Frost, Recording Secretary Call to Order by the Brenda Baxter at 3:35 pm. Public Wishing to Address the Board A. As of the deadline, no persons were signed up to speak on items other than those posted on the agenda. Legislative Regular Agenda B. Presentation and discussion of the Housing Element timeline. Susan Watkins, AICP, Housing Coordinator – Susan Watkins presented the proposed timeline for the Housing Element and Feasibility Study completion. Wayne Reed addressed the board, expressing the city’s desire to maintain affordable housing as a priority and the need to plan for future growth. He also spoke about the prioritization of staff time and the trust relationship that needs to be built between the board and the staff. He explained the two groups need to work together to be most effective. The board expressed concern about the timing of the adoption of the plan and action items and how they felt the process was too long. They were concerned about their terms ending before the plan was adopted. C. Consideration and possible action to approve the minutes from the September 18, 2017 meeting. Karen Frost, Recording Secretary – Motion by Brennan, second by Ortego to approve the minutes with a spelling correction on the second page. Approved 6 – 0 (Gonzales absent). D. Consideration and possible action to recommend approval of 1) a Resolution of no objection and 2) a Resolution acknowledging that Georgetown has more than two times the average per capita amount of Housing Tax Credit units for Pedcor Investments to apply for Housing Tax Credits for the construction of 192 units to be known as Residences at Stillwater, located at FM971 & Inner Loop. Susan Watkins, AICP, Housing Coordinator – Page 5 of 25 Housing Advisory Board Page 2 Minutes October 16, 2017 Staff presented general information regarding LIHTC projects and the developer presented the specifics of the proposed project including the times and dates of neighborhood meetings. The Board asked questions about the proposed development. Overall the project is valued at $39 million, approximately $200,000 per unit. There will be 192 units. 72 units will be 1 bedroom, 96 units will be 2 bedroom and 24 units will be 3 bedroom. They are expecting 35% of the complex will be units with children. The developer is holding neighborhood meetings with Katy Crossing residents on 10/26 and 11/2. Over 200 notices have been mailed and a notice was placed in the Williamson County Sun. Motion by Ortego, second by Hachtel to recommend to city council approval of a resolution of no objection for Pedcor Investments for the construction of 192 units to be known as the Residences at Stillwater, located at FM 971 and Inner Loop. Approved 6 – 0 (Gonzalez absent). Motion by Ortego, second by Snead to recommend to city council approval of a resolution acknowledging that Georgetown has more than two times the average per capita amount of Housing Tax Credit units for Pedcor Investments to apply for Housing Tax Credits for the construction of 192 units to be known as Residences at Stillwater, located at FM971 & Inner Loop. Approved 6 – 0 (Gonzalez absent). E. Presentation and discussion of charts from the Economic Development Workforce Analysis. Susan Watkins, AICP, Housing Coordinator – Watkins presented information from the analysis. The board did not request action. The board expressed frustration regarding the staff recommendation to complete the update of demographic information. Watkins explained the need to include the workforce analysis information and to synchronize it with the housing goals of the city to make sure the industries are served that we are recruiting. F. Presentation and discussion of the Williamson County rental housing wage. Susan Watkins, AICP, Housing Coordinator Watkins presented updated information from select pages from the 2012 Housing Element as requested by the Board. The median income for the county is $81,400 but the median income for Georgetown is $63,000. Rent plus utilities should be no more than 30% of the gross income. In 2015, in Williamson County, that equaled $1195 for a 2 bedroom apartment. That equates to a full time employee making $22.98 hourly. The board did not request action. G. Presentation and discussion of the updated Housing Advisory Board FY18 Work Plan. Susan Watkins, AICP, Housing Coordinator – The Board requested compressing work plan schedule by adding December items to the November agenda. The Board also asked for a special called meeting to discuss items in an expedited manner, specifically the presentation of linkage fees legislation by the city legal staff. Nelson stated she will look into the possibility. H. Upcoming items: The next regular meeting of the Housing Advisory Board is scheduled for October 16, 2017. Page 6 of 25 Housing Advisory Board Page 3 Minutes October 16, 2017 Motion by Ortego, second by Snead to adjourn. The meeting was adjourned at 5:22 pm. __________________________________ _______________________________________ Approved, Brenda Baxter, Vice-Chair Attest, Randy Hachtel Page 7 of 25 City of Georgetown, Texas Housing Advisory Board December 18, 2017 SUBJECT: Presentatio n and dis c us sion of the up d ated demograp hic s from p ages 7-9 o f the 2012 Ho using Element. Sus an Watkins , Hous ing Co o rd inato r ITEM SUMMARY: At the Octo ber 16, 2017 Ho using Ad visory Bo ard meeting, the Board b egan reviewing the updated d emo graphics and ec o nomic s from p ages 7-9 o f the Hous ing Element. Staff p ro vided the Board a p res entation o n the methodology fo r up d ating the 2017 rental hous ing wage and als o the median ho usehold inc o me numb er from the rec ently completed Wo rkforc e Analysis. At the November meeting, the Bo ard will review the updated info rmation fo r: -New ho using units s ince 2010 -Perc ent of ho us eho ld s with incomes les s than $50,000 -Cost burd ened ho us eho ld s -Perc ent of jobs b y indus try -Med ian s ales p ric e Inc luded in the Hous ing Element demographic s and econo mics d ata are informatio n fo r Georgetown’s affo rd ab le hous ing s to ck (no t updated ) and affo rd ab ility of s ales ho using (no t updated ). T hese figures req uire will be updated through technic al stud ies as s oc iated with the overall Comprehensive P lan in the Spring o f 2018. FINANCIAL IMPACT: None studied at this time. SUBMITTED BY: Sus an Watkins , AICP, Hous ing Co o rd inator ATTACHMENTS: Description Type Attachment 1 - 2012 Hous ing Element pages 7-9 Backup Material Attachment 2 - Updated Demographics Backup Material Page 8 of 25 Housing Element 7 The market responds by adding more than 9,000 new homes Favorable economic, demographic and market trends caused the City’s housing supply to expand dramatically. New construction added more than 9,000 units in Georgetown. Sun City accounted for nearly 3,000 of these homes. Overall, Williamson County witnessed the creation of over 72,000 new housing units between 2000 and 2010. Not all Georgetown residents are wealthy Even in the midst of a relatively steady economy and housing market there remain a significant segment of Georgetown residents that struggle to make ends meet. Forty percent of all City households had incomes of less than $50,000 in 2010. Moreover, 27% of all households in 2010 were cost burdened and paying more than 30% of their gross income on housing costs. Many of these individuals are employed in service industries, which provide 73% of the jobs, located in Williamson County. These jobs are typically among the lowest-skill, lowest wage jobs of the employment spectrum, providing employment opportunities in retail, arts and entertainment, and food and accommodations. In the past five years, forty percent of all new jobs added in the county were in the service sector. Williamson County’s rental housing wage was $18.35 in 2010 In Williamson County, the Fair Market Rent (FMR) for a two-bedroom apartment is $954. In order to afford this level of rent and utilities, without paying more than 30% of income on housing, a household must earn a monthly income of $3,180. Assuming a 40-hour work week, 52 weeks per year, this level of income translates into a Housing Wage of $18.35 per hour. In order to afford the FMR for a two-bedroom apartment, a minimum wage earner (making $7.25/hour in 2008) must work 101 hours per week, 52 weeks per year. Or, a household must include 2.53 minimum wage earner(s) working 40 hours per week year-round in order to make the two- bedroom FMR affordable. Many occupations such as waiters, retail clerks and construction laborers are necessary for the economic vitality and success of a community. These “vital community occupations” are generally found at the lower and mid-range of the income scale, and, therefore, these workers can find it difficult to rent a decent dwelling unit. Based on the housing wage of $18.35, waiters, cashiers, retail salespersons, and construction laborers could not afford to rent a one-bedroom unit costing $783 per month as single-wage earning households. Entry level firefighters could afford the one- bedroom FMR but not the two-bedroom FMR. Elementary school teachers, accountants and registered nurses could afford a one-bedroom unit or a two-bedroom unit, even as single-wage earning households. Page 9 of 25 City of Georgetown 2030 Comprehensive Plan 8 Georgetown’s Housing Market Real median household income has decreased 16% since 2000, meaning overall 50% of Georgetown households are making less money than they did 10 years ago. In the Georgetown East market (i.e., east of I-35), the median housing sales price declined 3.9% from 2000 to 2010, after adjusting for inflation. In the Georgetown West market (i.e., west of I-35), the median sales price decreased 5.9%, after adjusting for inflation. While the market has registered a decrease in home prices, the decrease in household income has made the housing market less affordable to existing households. Georgetown’s Affordable Housing Stock The median household income in the City was $60,917 in 2010. With this income, a household could purchase a home selling for $167,520. In 2010, there were a total of 417 units that sold for $167,000 or less. This was equivalent to 41.5% of the 1,004 total MLS sales transactions. A relatively affordable housing market is one in which households at the median household income could purchase at least 40% of the homes. The Georgetown market currently meets this threshold. Between 2010 and 2012, a total of 495 sales transactions involved housing units that sold for $134,000 or less. This price was affordable to a household earning up to 80% of the City’s median household income. These 495 units represented 24% of the total 2,083 sales transactions between 2010 and 2012. Sales Housing in Georgetown is Becoming Unaffordable Some households in Georgetown with incomes between 60% and 80% of the median area income can find affordable homes in the marketplace. With respect to sales housing, the total affordable housing supply (726) is less than the total affordable housing demand (2,295) for the period 2010- 2017. The local housing market is not addressing the need for affordable sales housing as evidenced by the number of new and existing sales units that sold for $134,000 or less (495 units). Page 10 of 25 Housing Element 9 Georgetown’s Affordable Housing Deficit Consists of Rental Units Georgetown made good progress in increasing the supply of affordable rental housing in the 2000s. However, Georgetown still has a higher demand for affordable rental units than supply. This is due to the growth of lower-wage jobs and, subsequently, lower income households. An additional 3,082 units will be needed in Georgetown to sufficiently address the rental housing need for households with incomes at or below 80% of the area’s median income. However, the 180 affordable rental units estimated to be available between 2012 and 2017 will address only a fraction of the affordable housing deficit. An additional 2,902 affordable rental housing units will be needed to meet the unmet demand through 2017. Why address the need The availability of housing for people at all income levels should be treated as an important issue in Georgetown. For a city to be viable and sustainable in the long term, housing choices should be available to those that want to live and work within the same city. Viability and Support of the Citizens The provision of work force housing is important for the continued viability of Georgetown. A readily available pool of service employees is essential for the day-to-day operations required by the residents of the city. Having teachers, firefighters, police and utility workers able to live within the community they serve allows the workforce to be more efficient and connected with the community they serve. In addition, in the event of an emergency or natural disaster, firefighters, police and utility workers will be onsite to provide immediate assistance. With less time spent on commuting to and from work, employees will have more free time, be less tired from travel and be more productive at work. Page 11 of 25 Housing Element Demographic Update November 20, 2017 Page 12 of 25 New Housing Units since 2010 • 4,886 Single family building permits 2010-2017 • 2,236 Multifamily units added since 2010 • 3,894 homes under construction* • 9,085 homes planned* • 310 LIHTC units approved in 2016, built by 2018 *Development pipeline as of 03/2017 Source: City of Georgetown Page 13 of 25 Percent of Households with incomes less than $50K • 39.5% of Georgetown households made less than $50,000 Source: 2015 ACS 5 year estimate – Table B19001 Page 14 of 25 Cost Burdened Households - Renters Income by Cost Burden (Renters only) Cost burden > 30% Cost burden > 50% Total Household Income <= 30% HAMFI 28% 60% 17% Household Income >30% to <=50% 39% 26% 21% Household Income >50% to <=80% 21% 8% 22% Household Income >80% to <=100% 7% 3% 14% Household Income >100% HAMFI 5% 3% 26% Total Number of Households 2825 1165 5940 Page 15 of 25 Cost Burdened Households - Owners Income by Cost Burden (Owners only) Cost burden > 30% Cost burden > 50% Total Household Income <= 30% HAMFI 23% 42% 6% Household Income >30% to <=50% 23% 28% 7% Household Income >50% to <=80% 29% 23% 14% Household Income >80% to <=100% 11% 3% 10% Household Income >100% HAMFI 14% 4% 62% Total 3245 1540 14825 Page 16 of 25 Percent of Jobs by Industry 2016 Industry Annual Salary Hourly Wage Percent of Jobs Growth in past 5 years Leisure & Hospitality $21,285 $10.23 11% 20% Other $39,066 $18.78 3% 200% Education & Health Services $46,225 $22.22 16% 46% Government $59,320 $28.52 11% 2% Professional & Business Svcs $64,742 $31.13 9% 61% Trade & Transportation $64,940 $31.22 26% -5% Construction $65,254 $31.37 8% 37% Information $69,422 $33.38 1% 39% Financial Activities $71,720 $34.48 4% 44% Natural Resources $76,777 $36.91 2% 22% Manufacturing $103,587 $49.80 11% 64% Source: City of Georgetown Workforce Analysis, 2016 Page 17 of 25 Median Sales Price • $268,000 Median Sales Price • $310,972 Average Sales Price Source: Texas A&M Real Estate Center Housing Activity for Local Service Area Georgetown (Austin BoR) September 2017 Page 18 of 25 City of Georgetown, Texas Housing Advisory Board December 18, 2017 SUBJECT: Presentatio n and dis c us sion of the 2012 Hous ing Element recommend ations . Sus an Watkins, Ho using Coordinator ITEM SUMMARY: The Hous ing Element ad o p ted in 2012 identified s even recommend ations , eac h with a c o rres p o nding p rio rity level. F o r eac h recommend ation, the Bo ard will disc uss and make rec o mmendatio ns to s taff: 1) What progres s has b een mad e since 2012 2) If the recommendatio n s hould be inc luded in the updated Ho using element 3) If the recommendatio n s hould be mo d ified o r improved FINANCIAL IMPACT: None at this time. SUBMITTED BY: Sus an Watkins , AICP, Hous ing Co o rd inator ATTACHMENTS: Description Type 2012 Hous ing Element Recommendations (pages 37-41)Backup Material Page 19 of 25 Housing Element 37 Recommendations These recommendations offer a series of procedures that, when undertake n in whole or in part, offer the potential to reduce the affordable housing deficit in the City of Georgetown. These recommendations are ranked in order of their priority with a time frame for considering implementation. High Priority (One to five years) 1. Develop a program through which workforce housing developers can receive incentives to provide new units. Waiving development fees and subsidizing impact fees is the primary method the City has at its disposal to subsidize affordable housing. These costs represent a significant portion of the development budget for an affordable housing initiative and through this program; the City can offer a sliding sc ale of incentives to encourage affordable development . This development will be dependent upon meeting quantifiable scoring criteria, which can be established within the program. Primary criteria to be considered and scored: Amount of affordable housing included in the project : City will establish a percentage requirement for the amount of workforce housing to be included in a particular project in order to be considered for any city subsidy in the form of development and impact fee credits. Proximity to employment centers : The goal of workforce housing is to allow low to middle -income employees the opportunity to live within the community in which they work, while expanding the available workforce for current and future employers. Infrastructure availability: Developers applying for the program will demonstrate that they are efficiently locating the dev elopment to utilize the existing infrastructure such as roads, electric, water and waste water lines . Access to the road and pedestrian transportation network : While land located further from the city center is often cheaper for developers, this will usu ally put a transportation burden upon the future residents, effectively shifting any savings on housing to increased transportation costs. Sites to be considered through the program must show the distances and road network available to public services, re tail centers and employment centers. Relationship to the surrounding property /Appearance : Projects, whether single or mu ltifamily, should complement and be complemented by the types of development adjacent to the site. Single-family residential units should not be out of scale and style with existing single-family developments. Multifamily projects should not pose an actual detriment to surrounding business or residences. Individual workforce housing units included as a component of single or multi-family projects should be architecturally indistinguishable from the market rate units within the same project. For any development, it is also important to consider t he demographic of future residents, the proximity of schools, jobs, retail and civic services . A basic return on investment analysis : The developer will be required to provide the Board with a future impact analysis of the project showing what financial returns the City can expect to see through increased tax and utility revenues. Combined with the overall Page 20 of 25 City of Georgetown 2030 Comprehe nsive Plan 38 positive impact an increased population will have on the surrounding business community , this will help offset any upfront subsidies the city may provide. Incentives: Waiver of development fees : Depending on the score of the project, the deve loper could receive a waiver of up to 100 percent of Planning and Inspection Fees. Subsidized impact fees: Impact fees include water, wastewater and electric fees that are collected to offset the cost incurred by the public infrastructure system. The amount of subsidy a developer can receive would be set on a graduated scale with the maximum amount of 75 percent of total fees. Increased land development densities: The City’s Unified Development Code has several lot development requirements that limit the amount of units a developer can put per acre. Impervious cover limits, setback requirements, lot width minimums and height limits can all be varied in such a way that developers can better utilize the land and develop more units. Program Management: Developers wishing to receive incentives shall present a complete plan to the Housing Advisory Board, which will be evaluated based on the criteria of the program. The Board will then make a recommendation to City Council for consideration. Council may seek evaluation and impact of project by city staff prior to making any final decision. Each case will be reviewed individually and funding for the program will be dependant upon budgetary restraints for that year. Developers considering applying to the program will be able to get a packet of program requirements with attached sample documents to allow for uniformity of applications and ensure the ease of applying. The Housing Coordinator will be available to meet with any developer wishing to take advantage of the program and will present completed applications to the Housing Advisory Board and City Council with a report showing how the project meets program requirements. As the project goes through the rest of the City development processes, t he Housing Coordinator will serve as the case manager. 2. Determine suitable multifamily zoning locations with sufficient services and land use compatibility for an appropriate mix of housing types within the city. The City of Georgetown is estimated to run a defici t of 2,902 affordable rental units by the year 2017. As the housing market demand is constantly shifting, it is important for the city to be in a position to help create a new supply of housing to meet the needs of its residents. In the current economic climate, the need for rental housing has increased, while the supply and demand for single -family homeownership has leveled off or decreased. With this shift, the housing market has an increasing demand for multifamily development. A quick glance at the City ’s Zoning Map indicates a number of sites that have been zoned for multifamily, however many of these are speculative in nature and will not have the necessary infrastructure for 5 years or more. If the City is proactively planning for zoning and determi ning a reas for multifamily development, new development s will be able to find appropriate multifamily sites. It can also avoid situations where a developer encounters local resistance that may drive them from the city. Page 21 of 25 Housing Element 39 There are provisions for medium and high-density residential units as components of mixed-use developments that are adequately accounted for in the future land use map. It should be recognized however that it is difficult for a developer of workforce housing to incorporate commercial space s in their developments due to the structure of financing methods used to facilitate affordable residential development. It is impractical to think that providing for medium and high-density residential development in mixed used zoning classifications alone will adequately address the shortage of workforce housing. The current multifamily deficit of 2,902 units as identified in this pla n would require approximately 120 to 160 acres of land. To address this deficit , the first step is to have the planning staff review the 2030 Land Use Plan for any possible changes to the high -density land use category. The Board will review these possible alternatives and then forward any change to City Council during the annual review of the Comprehens ive Plan in the Spring. This will actively plan for future high-density development sites. Second, staff will review possible tract s within the city limits conducive for rezoning as Multifamily to present to the Housing Advisory Board for consideration. In the analysis, the following criteria should be examined:  Consider sites close to major employment centers .  Consider sites close to planned public transportation hubs .  Consider sites near areas that may be less suitable for higher income housing.  Consider sites close to existing high-density developments .  Consider existing sites that are not conducive to higher income housing and as a result are undeveloped. Once a plan for potential rezoning has been made, the item will be forwarded to City Council for review and direction. Any potential City or developer initiated rezoning of tracts would still have to go through the public hearing process as mandated by state law. Medium High Priority (Five to seven years) 3. Continue the Housing Diversity density incentives for new residential co nstruction. The City currently provides a density bonus to development projects that include an affordable housing component. To date, no developers have taken advantage of this incentive. Over time, as developers become more familiar with this provisio n in the City’s zoning code and as development sites become scarce, it is likely that developers will become motivated to take advantage of this incentive. The City may wish to reevaluate the incentive or provide public infrastructure support for projects that involve creating affordable housing. The City may also wish to conduct a developer workshop to expand awareness and to obtain feedback on how the housing diversity component of the City’s zoning code can be modified to expand the supply of affordabl e housing. 4. Prioritize the use of HUD CDBG funds for affordable housing. As of the 2010 Census, the City’s population was 47,4 00. At the population mark of 50,000 , the City of Georgetown will become eligible for an annual Community Development Block Grant (CDBG) entitlement grant directly from HUD. By City estimates, this will not happen until 2014. While we still have time to plan for this , it is important to establish priorities for Page 22 of 25 City of Georgetown 2030 Comprehe nsive Plan 40 the use of CDBG funds as a matter of public policy before entitlement s tatus is conferred on the City. Early prioritization will minimize the confusion and competition to secure CDBG funds for “pet” projects that inevitably occurs whenever grant money becomes available in a community. Rather than using this newfound source of revenue for activities that ease pressure on the City’s general fund, the community should prioritize the use of CDBG funds for affordable housing. CDBG funds can be used to acquire property, rehabilitate affordable housing, provide infrastructure improvements in support of affordable housing and provide human services to the residents or prospective residents of affordable housing. In certain circumstances, CDBG funds can be used to finance the construction of new affordable housing, but only when the funds are funneled through a community based nonprofit development corporation. Once the City’s CDBG program is operating smoothly, the City may want to work towards the designation of a neighborhood revitalization strategy area (NRSA) which is a provis ion in the CDBG regulations that makes it easier to utilize CDBG funds for mixed income housing initiatives. 5. Strengthen home buyer counseling and support services. Homebuyer counseling is aimed at credit repair and building basic home maintenance and budg eting skills. As such, it is an essential element of the affordable homeownership equation. While there are certain counseling services already available in Georgetown, these types of services need to be expanded and promoted. The City should encourage regional providers of counseling services to create or expand their presence in Georgetown. Commercial lending institutions and institutions of higher learning also have a vested interest in supporting or providing homebuyer counseling services. When ext ending public funds for affordable homeownership activities, the City should require each prospective homebuyer to successfully complete a certified homeownership counseling program as a condition of receiving financial assistance. Medium Priority (Seven to ten years) 6. Seek out County CDBG funds and State HOME funds in support of affordable housing initiatives; subcontract with local nonprofits to implement projects. One of the important roles of the City in terms of expanding the supply of affordable housi ng is to use its legal powers to apply for state and federal funds. Once funding approval has been obtained, the City would act as a pass -through of funds to one or more local development organizations. These organizations would then assume responsibilit y for implementation of the project. Williamson County is a CDBG entitlement urban county entity and the City of Georgetown may submit project requests to the county’s community development department. Requests for federal HOME funds must be submitted to the state. The City and its affordable housing partners should identify and prioritize a series of projects and activities that would qualify for CDBG and/or HOME funding. Every year, the City should submit at least one funding request under each program for priority projects. The City currently administers a homeowner housing rehabilitation program funded by general fund revenues. The City’s guidelines for this program closely follow federal requirements, including an income targeting provision that lim its access to financial assistance for households with incomes below 80% of the area median household income. Page 23 of 25 Housing Element 41 This housing rehabilitation program can be administered more efficiently by a local nonprofit organization or the Georgetown Housing Authority. The City may wish to enter into a cooperation agreement with a local housing organization to administer this program. 7. Identify revitalization areas for concentrated investment. Given the limited supply of resources for affordable housing, the City should select certain areas of the community for intensive and comprehensive revitalization rather than pursuing a “shotgun” approach to the development of affordable housing. Thus, it is important to a sk city planners to select several target areas for intens ive revitalization. Each target area might consist of three or four blocks. Typically, these areas will require the removal or substantial rehabilitation of blighted properties, new lighting, sidewalks, streets, utility infrastructure, landscaping and infill housing. At least some of the infill housing should be affordable to low and moderate income households. This revitalization will benefit Georgetown as it improves the tax base and adds to the labor force. Page 24 of 25 City of Georgetown, Texas Housing Advisory Board December 18, 2017 SUBJECT: Presentatio n and dis c us sion of various Ho us ing c hapters /elements fro m other c ities . Sus an Watkins, Hous ing Co ordinator ITEM SUMMARY: The Bo ard will d is c us s Ho using Element examp les from o ther c ities to d etermine if any components s hould be cons idered fo r Georgetown’s Hous ing Element update. The Board will recommend examp les o f fo rmat and co ntent from the elements inc luding s tatis tics, go als and /or p o lic ies that s ho uld b e c o nsidered in the up d ate. City o f Lo ngmont, C o lo rad o Ho using Chapter of EnvisionLongmont City o f Boulder, Colorado Hous ing Chapter City o f San Marc o s Neighb o rhoods and Hous ing Chap ter City o f San Antonio , Texas Ho using Element of SA Tomorrow Co mp rehens ive P lan City o f Dallas , Texas Neighborho o d Plus Plan City o f Plano Ho us ing & Neighborho o d s Element King County, Was hington Ho using Develo pment Cons o rtium Co mp rehens ive P lan Hous ing Element Checklis t FINANCIAL IMPACT: None at this time. SUBMITTED BY: Sus an Watkins , AICP, Hous ing Co o rd inator Page 25 of 25