Brentwood Moves To Restore Affordable Housing Requirement
The Brentwood City Council is expected at its meeting on April 14, 2020, to restore the city’s affordable housing requirements on new residential development to pre-2012 levels. During the Great Recession, officials lowered the mandated inclusionary percentage to 2 percent. Citing an improved market and the increasing demand for affordable housing while recognizing the need to phase the increases, the council is poised to require all residential projects with five or more units to provide 6 percent of units as affordable through the balance of 2020 and increasing to 10 percent starting in 2021. Projects with 5-9 units may pay an in-lieu fee by right. Larger projects must either build the units for a specified mix of very low-, low- and moderate-income households or obtain city approval for alternative compliance options. These include payment of an in-lieu fee for ownership projects, land dedication, off-site construction, or conversion of existing units. Brentwood’s current in-lieu fee is $157,217 per required low-income unit. Click HERE to view the agenda. For questions or comments, contact BIA’s Lisa Vorderbrueggen at firstname.lastname@example.org.