File #: ID-159-17    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 3/24/2017 In control: City Council
On agenda: 4/4/2017 Final action:
Title: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO TAKING ACTION UPON AN APPLICATION FOR AFFORDABLE HOUSING ASSISTANCE SUBMITTED BY THE BRIGHTON HOUSING AUTHORITY PURSUANT TO SECTIONS 3-5-50, 3-5-60 AND 3-5-70 OF THE BRIGHTON MUNICIPAL CODE AND APPROVING THE REDUCTION OR SUBSIDY OF DEVELOPMENT IMPACT FEES AND USE TAX ACCORDINGLY
Attachments: 1. CC Reso Approving Reduction of Fees - FINAL, 2. Duplex RAD Conversion Agreement FINAL, 3. Attainable Housing Matrix (8.5x11size), 4. BHA Duplex RAD Summary - FINAL DRAFT for Agreement 032417

Body
Department of Community Development
Reference:

To: Mayor Richard N. McLean and Members of City Council
Through: Clint Blackhurst, Interim City Manager
Prepared By: Lauren Simmons, AICP, Senior Planner
Date Presented: April 4, 2017
PURPOSE:
To review and consider for approval by Resolution Affordable Housing Assistance for the Brighton Housing Authority (BHA) Duplex Residential Assistance Demonstration Conversion Project for four properties throughout the city core that are existing duplex units owned and maintained by BHA.

SUMMARY:
The BHA currently owns and maintains duplexes located at:
559 Jessup Street (3 separate buildings)
55 S. 18th Avenue (1 building)
301 N. 5th Avenue (3 separate buildings)
75 S. 18th Avenue (1 building)

All of the units in the project will be affordable and are proposed to convert 16 units in 8 buildings to 32 units within those same 8 buildings for those with 30% AMI. The applicant has addressed all of the issues associated with a request for affordable housing assistance as required by City of Brighton regulations, and is in compliance with the adopted Attainable Housing Matrix. A copy of the Estimated Development Impact Fee Schedule is also attached for City Council action prior to consideration of the Affordable Housing Agreement. The fees attached are an estimate and the actual amount of the fees will be determined according to the amount of the fees in effect at the time payment is made. The developer will pay full fees for building permits and plan check fees. According to the fee waivers that are available under the Municipal Code (at the discretion of the City Council), the applicant will pay proportionately reduced fees (adjusted to the AMI %) for water. Fees that meet the criteria for full waiver include the use tax, park impact fees, crossing fee, and traffic impact fee.

CRITERIA BY WHICH COUNCIL MUST CONSIDER THE ITEM:
This request should be reviewed for conformance with the City of Brighton's Municipal...

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