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Agenda - 06-03-2021; 5 - Options to Expand Affordable Housing Incentives and Opportunities
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Agenda - 06-03-2021; 5 - Options to Expand Affordable Housing Incentives and Opportunities
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BOCC
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6/3/2021
Meeting Type
Work Session
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Agenda
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5
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Action Items to Expand Affordable Housing Incentives and Opportunities <br /> Planning and Inspections Department <br /> Complexity2. Mid-Term — Intermediate <br /> Action Item Description <br /> 2.1 Orange County UDO Text <br /> To continue efforts to address barriers to affordable housing, a second text amendment package may be presented to address <br /> Amendments (Phase 2) - <br /> Dwelling Based <br /> regulations pertaining to efficiency apartments, accessory dwelling units, and home parks. <br /> Complete a thorough examination of the existing Orange County Density Bonus policy to allow for a greater density for those <br /> projects which contain housing for low- to moderate-income households. To date, a developer has never pursued this policy. <br /> 2.2 Modify Existing Density Current policy generally allows for 25% more density where at least 40% of units are affordable. This bonus is not available in the <br /> Bonus protected watershed. This will include an analysis to determine a more viable density bonus for developers, which may be more <br /> practicable and feasible to pursue. Current bonus is authorized by special legislation, and thus alterations to this bonus would likely <br /> require additional special legislation. May result in amendments to the UDO. <br /> 2.3 Utilize Development Explore the use of development agreements for particular affordable housing projects. Engage with individual developers or create <br /> Agreements a general policy to exchange vested rights in long-term projects for several considerations including the provision of affordable <br /> housing. May result in amendments to the UDO. <br /> ORANGE COUNTY <br /> NC3RTH CARCJLINA <br />
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