CCP 11-13-1995 - Laserfiche WebLink

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. '-//13 . . EvVa6k .- .. -' . ~~W6 . . -. Housing Goals and Benchmarks . How to Use the Index Preparing Action Plans . The agreed-upon goals should be considered in the preparation of action plans by a communiry. The . action plan should be based on a comparison of its index to the benchmarks for each of the six measures across the three categories (affordability, life-cycle arid density). There are three possible situations for . each measure: the index is lower than the benchmark range. within the benchmark range, or above the benchmark range. In eacn case where an index is below the benchmark range, the ciry's action plan should set forth imple- -. mentation activities that will help it move towards the benchmark. For example, if a city has multifamily housing densiry thar is below the benchmark range, it should consider actions such as increasing the . densiry allowed in fi~ture development, imposing a minimum density standard, anciJor creating incentives to encourage higher density development, such as density bonuses in a Planned Unit Developmenr Orcli- [lance. . If an index is within the benchmark range. the city should plan actions to maintain its position within the range. For exanlple, if a city has an owner/rencer rrux that is within the benchmark range its plan might be . a review of land use plans for future development to assure there is sufficient land for development of Lf'Je types of housing that would keep the city within the range. . If an index is above the benchmark range, the cicy's objective should be to stay within the range. For example, if a city has a percemage of single fanuly housing valued below S 115.000 that is above its I benchmark range, it can increase the amount of higher priced housing In the commuicy J.S long as lC does not result in the affordable ownership percent falling below the benchmarks. I . . . gO:lb.pm5 8-16/95 I