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Title:
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REPORT - HIGH-DENSITY MULTI-FAMILY RESIDENTIAL INCENTIVE PROGRAM
BACKGROUND: The High-Density Multi-Family Residential Incentive Program (Incentive Program) encourages housing development and increased density in downtown Santa Rosa through the reduction/deferral of the City development impact fees. The Incentive Program supports City Council goals to foster a vibrant downtown and meet housing needs for all. The incentive program was originally enacted in September 2018 for a limited term of five years. While the resolutions do not have an expiration date, there is an eligibility requirement for a qualifying project to “break ground by August 31, 2023”. Breaking ground is defined as securing a foundation permit. Given the delays caused by emergency responses in recent years on downtown housing investments and construction, the Council will consider extending the Incentive Program.
RECOMMENDATION: It is recommended by the Planning and Economic Development Department that Council, by...
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Indexes:
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Exempt Project, Not a Project
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Code sections:
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15061(b)(3) - General Rule Exemption, 15378 - Not a Project
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