Creating Affordable Housing
The City of Redwood City offers a number of programs and services to support housing for all income levels. The City helps residents locate affordable housing, keeps homes affordable through housing rehabilitation grants and programs, and continually looks for ways to create new affordable housing. The following is a summary of the various actions the City has taken in the last year to support the construction of new affordable housing.
Amend the Downtown Precise Plan to Reserve Units for Affordable Housing
The Downtown Precise Plan allows up to 2,500 new residential housing units to be built. The City Council will consider an amendment to reserve a minimum of 375 units (15 percent) for affordable housing. Planning Commission, at their meeting of January 19, 2016, recommended reserving 500 units (20 percent).
This item will be considered on April 11, 2016 at the regularly scheduled City Council meeting beginning at 7 p.m. To learn of ways to be engaged and share input on this issue and many more being discussed by the City Council, visit here.
Affordable Housing and Park Proposal on City-owned Bradford lot
Earlier this year, the Council dedicated an acre of downtown City-owned land towards the production of affordable housing. A Request for Proposals was issued to non-profit housing developers and 7 responses were received ranging from 56-137 affordable units. All the developments include 100% of affordable housing, a park and a ground floor childcare center. A preview of these developments was presented to Council on October 26, 2015. On April 11, 2016 the City Council will review Bradford Street Affordable Housing Development proposals at their regular scheduled meeting at 7 p.m.
To view more information about the Bradford proposals and visit the following page: http://www.redwoodcity.org/bradford
To view more ways to join the conversation about this issue and many more topics being discussed by the City Council click here.
Adoption of Affordable Housing Impact Fees
On October 26, 2015, the City Council adopted affordable housing impact fees on both residential and commercial development. This action is part of the City's community benefits framework, also known as Partnership Redwood City, which generates fees from development to support city programs and services. More information is available at the following page: .http://www.redwoodcity.org/nexus
Increasing Flexibility to Add Accessory Dwelling Units (ADU)
Also on October 26, 2015, the City Council amended the Accessory Dwelling Unit (aka secondary unit, in-law unit, granny flat, backyard cottage) ordinance. ADUs are a smaller living unit on a property that has a single-family residence, providing an additional housing option, which is typically more affordable than other types of housing.For more information, visit the following page: http://ww.redwoodcity.org/adu
Funding Affordable Housing
Redwood City voters adopted a Utility Users Tax (UUT) in 1988. Funds from the UUT are dedicated to the City's Capital Improvement Program (CIP). In the 2015-16 CIP budget, this line item was $750,000 to further the City's existing affordable housing fund.
The City of Redwood City recently approved investing in new affordable housing developments by awarding $1.5 million to Habitat for Humanity to construct 20 units of ownership housing in downtown Redwood City. This will be Habitat's fourth project in Redwood City.
The City awarded $1.2M in CDBG and HOME grants this year. The Council established a 5-year plan that will award over $4 million in grants over this time period.
Past Construction of Affordable Housing
The City of Redwood City has invested and produced 774 units of Below Market Rate (BMR) units of which 598 are rental and 176 are ownership units. All 774 units are deed restricted as BMR for 25 - 55 years. Redwood City has assisted with the rehabilitation of 2,800 homes owned or owner occupied by lower income residents, of which 2,500 are multi-family units, and 500 are single-family units.