Receive presentation on updating affordable housing requirements for new developments
In Plain English
Richmond requires new housing developments to include affordable units or pay fees instead. City staff will present options for updating these requirements and ask for council direction. The current rules may need changes to reflect market conditions and housing needs.
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Related agenda records
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Amending Inclusionary Housing and Affordable Housing Linkage Fee ordinance
Guidelines for Implementation of the Inclusionary Housing and Affordable Housing Linkage Fee Ordinance
INTRODUCE an ordinance amending the Richmond Municipal Code in relation to the City of Richmond's inclusionary housing program; and ADOPT a resolution amending inclusionary housing in-lieu fees for residential developments and adopting non-residential linkage fees for non-residential developments
Housing in-lieu fees appropriation
Richmond Affordable Housing Ordinance for November 2020 Ballot