HomeMy WebLinkAboutWATERGLEN PUD PDP - 71 93A - CORRESPONDENCE - AFFORDABLE HOUSING MEMO. (3)i
DECISION MATRIX
COUNCIL
PLANNING AND
AFFORDABLE
BOARDS AND
STAFF
ZONING BOARD
HOUSING BOARD
COMMISSIONS
Overall project
Site plan
Is this a project the
Parks Board - use of
Development Agreement
community wants to
parkland fees.
invest in? Does it
Recommendation on
meet affordable
purchase of property.
housing criteria?
Specific community
Variances - street
How much financial
Transportation Board
Final approval of
investment options
widths, off -site
assistance is needed
- issues and
plans in accordance
improvements,
by the developer?
recommendations:
with council and
landscape standards,
access to public
board guidance.
drainage plan
transportation.
Purchase of parkland
What specifically can
Natural Resources
Processing of plans
be done to provide
Board - issues and
and documents.
the needed financial
recommendations,
assistance?
Purchase of Cooper
What is a reasonable
Stormwater Board -
Recommendations to
Slough property
profit for affordable
only if flood plain
various boards and
housing development?
variances are
council.
requested.
RESOLUTION/ORDINANCE
P A Z BOARD DECISION
RECOMMENDATION TO
RECOMMENDATION TO
I
AGREEMENTS &
COUNCIL
AHB COUNCIL
RECOMMENDATIONS
NOTE: Waterglen proposal was briefly reviewed by the Affordable Housing Board in December, but neither
decisions, guidance or recommendations were provided.
.,
PRELIM P & Z
2/28/94
ZVI
NOW
/
Provide land use
conditions that must
1/3/94 -
\
be satisfied.
2/28/94 \
o Financial analysis
of proposed project.
PRELIM AHB
3/10/94
o Decisions on
proposed variances.
o Is this a project the
o Land use review.
community wants to
invest in?
o Explore
community o How much financial
investment options.
assistance is needed?
o Process ,�
o What is a reasonable
presentation at profit?
1/13194 AIi13
o Work with PR-1,
various boards.
oT"*6%k
o Provide guidance
and direction on
specific community
investment options.
AHB = Affordable Housing Board
UT nC-U C C /TT-X4-P1 TIMTF
o Have conditions \ j Have conditions
been satisfied? been satisfied?
o Make final
recommendation to
Council.
AL CO
IL
RESOLUTION
\ 7/5/94
Project GOINO
The need for a financial analysis
know how much of a community fin
project go, I believe we have the
investment is prudent. The only
on the financials of the project.
avoid the..current situation of th
or community investment options
decisions, or beinq able to
alternatives.
of the project. Whil
ancial investment is
responsibility to en
way to do this is to
Also, by knowing t
e developer proposing
without us knowing
ascertain and re
e the developer may
needed to make the
sure the community's
make decisions based
his information, we
specific variances
the impact of our
commend comparable
Extending the timeline a month. The developer hopes to take the project
before the January 24, 1994 Planning and Zoning Board meeting for
preliminary review. While we can accommodate this, I recommend they
postpone until the February 28, 1994 meeting. Staff and other boards need
this time to wrestle with the policy issues, as well as the specifics of
the Waterglen proposal.
Hope this helps. Once we agree on the process and timeline, I suggest we run it
by a couple members of the Affordable Housing Board and Council to ensure they
are comfortable with it. I'll work with other Staff to help keep us on track.
Please let me know if you have any questions or comments.
Attachment
cc: CSteve=0l-t-,-Project_P_lanner
Mike Herzig, Planner Engineer
I believe the Affordable Housing Board has a primary role in addressing these
questions. The Board was created to "advise the City Council on matters
pertaining to affordable housing issues of concern to the City;" and "to aid and
guide the development of city-wide affordable housing programs to address
currently existing and potential affordable housing issues." The intent seems
to be for the Board to play a significant role in figuring out what affordable
housing should look like, finding ways to provide it, and ensuring any community
investment in affordable housing is maximized.
Which brings us to the proposed Waterglen development. Essentially, the
developer's proposal jumps from the P.U.D submittal directly to the guts of the
third question above - "Which land use variances is the City willing to support?"
In other words, the first two -and -a -half questions haven't been answered. This,
coupled with the "newness" of the first significant affordable housing project,
has created a Catch-22 situation - we can't do much more until the developer
provides us more information, yet the developer can't provide more information
until we provide additional information.
To help with this situation, I recommend that the Affordable Housing.Board play
a major role in reviewing the project and providing guidance. I am also
suggesting Council wrestle with the big -picture pieces of the project up front
to avoid the problem of the developer, the Affordable Housing Board, and staff
pressing forward in one direction only to have Council nix the project at a later
date. Ultimately, there will be a need for Council to approve the total package
- particularly any community investments in the project. The attached process
and timeline outlines in greater detail my recommendation.
While I believe the attached process enables us to answer the three questions
mentioned above in a timely matter - and thus sets the necessary precedence for
future affordable housing project proposals - I suspect Bill Reynolds may have
a couple of concerns. Specifically:
■ The Affordable Housing Board's role. Obviously, if this were a standard
proposal, the Board would not have a responsibility to review the project,
nor make recommendations. However, this is not a standard project, but
specifically one proposed as affordable housing. Thus, I think the intent
of Council is for the Board to necessarily be involved, whether or not a
community financial investment is being requested. Part of the Board's
charge seems to be to influence and monitor the character of affordable
housing in the community.
■ Council's involvement. Ultimately, Council will need to be involved at
some level - I suggest they make final approval of the project via
resolution - even if it is only to authorize the purchase of the proposed
park land by the City, as requested by the developer. While Council'
supports the development of affordable housing in concept, they haven't
had the opportunity to wrestle with a specific project to see how their
policy will look as it is carried out. I suspect there may be some
concerns with this specific project, and because Council will potentially
review it at some level, it makes sense to get their guidance, direction,
concerns and input up front to minimize problems later on.
E
City of Fort Collins
Utility Services
Streets Department
MEMORANDUM
DATE: December 22, 1993
TO: Greg Byrne, CPES Director
Ron Phillips, Planning Director
FROM: Jon Ruiz, CPES-,-I,----
RE: Waterglen Development
I thought it would be helpful to discuss a few aspects of the proposed Waterglen
development, as well as propose a process and timeline for carrying the project
through review and approval. While it -is important to remove obstacles for the
developer, it is also appropriate to ensure the right precedent is set for
similar proposals in the future.
For any affordable housing proposal, I believe we have essentially two primary
responsibilities: support the Council's affordable housing policy by creatively
working with developers, and ensuring the community receives maximum value for
any community dollars - i.e. fee waivers, incentives, financing arrangements,
etc. - invested in an affordable housing project. Practically, what this means
is the need to treat each affordable housing proposal individually.
Because the Waterglen project has been submitted prior to many of the policy
issues being resolved, I am recommending that the policy issues be addressed
concurrently with the review of the Waterglen proposal. In other words,
Waterglen will be the catalyst and example for discussion and resolution of
several policy issues by various boards and Council. The advantage of this
approach - rather than resolving all policy issues and then reviewing the
Waterglen proposal - is that Bill Reynolds will have decisions about Waterglen
sooner than he would otherwise.
Essentially, the decision -making process for an affordable housing proposal can
be viewed similarly to the Economic Development Incentive Program. The three
basic questions that need to be answered are: '
■ Is this a project the community wants to invest in? In other words, does
it meet a set of established criteria?
■ If yes, how much financial assistance - in whatever form - is needed by
the developer to ensure the project is completed, and how much is the
community willing to invest in the project?
■ What specifically can be done to provide the needed financial assistance?
This would include land use variances, financing arrangements, grants,
loans, fee waivers, etc.
700 Wood Street • P.O. Box 580 0 Fort Collins, CO 80522-0580 • (303) 221-6615