Palo Alto City Council is reviewing our housing work plan tonight at 7:45. The plan was tabled all last year and staff has a backlog of 25+ housing assignments.
The NIMBY interpretation of this data: we're doing fine on market-rate housing, so no more!
cityofpaloalto.org/civicax/f…
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Fun fact: for 2015-2017, city counted some non-deed-restricted moderate-income homes. 2018-present, city counted all market-rate as above-moderate. This change kept Palo Alto from being subject to 10%-affordable SB35 streamlining.
(screenshot from link in tweet I'm replying to)
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This is an extremely unfun fact David. I wonder what @California_HCD thinks about these kinds of shenanigans.
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I've tried to parse the text in SB35, etc., to figure out how a city should determine whether a non-deed-restricted home is affordable to those with moderate incomes. It's... not especially clear?
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My guess is that the rule is whether the rent is less than 35% of 110% of the county's AMI for a family the size of the max legal occupancy of the unit. See HSC 50052.5(a)(4).
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But how does the city decide what the rent is? And is the occupancy clearly defined? (The occupancy bit is the part where I'm making the most inference, I think.)
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Also, I think the max monthly rents (35% of 110% AMI) defining affordable to moderate income for Santa Clara County would be, based on 2019 numbers in hcd.ca.gov/grants-funding/in… , per family size:
1: $2951
2: $3371
3: $3793
4: $4215
5: $4552
6: $4889
7: $5227
8: $5564
Feb 4, 2020 · 9:12 PM UTC
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