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minhpd_10-16-23
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minhpd_10-16-23
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10/25/2023 10:24:14 AM
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10/25/2023 10:24:06 AM
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Office Of Council
Document Type
Housing
Date
10/16/2023
Date Adopted
10/23/2023
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believes Lakewood has a broad spectrum of housing types that should be able to support a broad <br />spectrum of family types. <br />Chairmen Bullock commented that we need to be realistic about the tools available to us, and he <br />suspects that any affordable housing developer interested in working in Lakewood would want to <br />build a larger 50 – plus unit project that would likely only have one- and two-bedroom options. <br />He stated while that type of development would be important in moving the needle for the <br />affordable housing supply, it would not address some of the other family category types. <br />Councilmember Baker stated that one of the recommendations of the report is to review R2 <br />zoning which would unlock the ability to convert a single housing unit into a double. He asked <br />Director Leininger if he has an update on where that topic stands since it was already referred to <br />the Planning Commission. Director Leininger replied that the Planning Commission had a <br />meeting earlier this month where they finalized their recommendations. He said they are <br />currently working with the Law Department to review the language and add some additional <br />amendments before bringing it to Council. However, the Commission’s general recommendation <br />is to allow single family dwellings that are located in a R2 zoned district the ability to add an <br />accessory dwelling unit on the property, with some rules and regulations to protect the character <br />of the neighborhood. <br />Councilmember Baker asked about what type of tax abatement tools, besides adjusting the City’s <br />CRA, might be available to help spur affordable development. Leininger responded to the <br />question with detailed information about some of the options they are exploring to offer <br />additional tax abatement opportunities to developers. <br />Councilmember Baker asked about a city program for first time home buyers, and whether the <br />administration was open to increasing the loan limit of $150,000. Director Leininger responded <br />that it is something on their radar, but that number is based on a housing study done by the <br />County and the only way to move that number up is to have the County conduct a new study. He <br />said they have had productive conversations on the topic but there has not been any forward <br />action yet. <br />In response to a question from Chairman Baker, Director Leininger explained the difference <br />between the HOME Program and the HELP Loan. The HOME Program is a first-time home <br />buyers’ program through the City of Lakewood and the HELP program is a home improvement <br />loan through the County. <br />Councilmember Bullock commented that there is some advocacy work ahead, to talk to partners <br />at the Federal and County levels, to ensure that affordable housing supports are keyed into the <br />rising cost of living in Lakewood. He said he would be eager to participate in such advocacy <br />efforts, with the administration taking the lead and Council joining as partners to the Mayor. <br />In response to a question from Councilmember Kepple, Director Leininger went into detail about <br />how the housing deficit figures were determined. He suggested this data will probably change a <br />lot over the next couple of years as it catches up to what has happened over the past five years, <br />due to the steep increases in rental rates and home sale values. <br />2 <br /> <br /> <br />
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