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HomeMy WebLinkAbout23 - Approving an Amendment to the North Newport Center Planned Community (PC-56) - Amended Pages v.1Resolution No. 2025- Page 4 of 9 Section 3: The Affordable Housing Implementation Plan was prepared by CAA Planning, Inc. dated April, 2025, for the Project to outline its affordable housing benefits and performance requirements. The AHIP is consistent with the City's housing goals identified in the adopted and certified General Plan Housing Element for the following reasons: 1. The Applicant has committed to assisting the City in the provision of additional affordable housing opportunities. The location, type, affordability level, design, and other details will be determined in the future as part of a site -specific project review. The AHIP is attached as Exhibit "B" to this resolution. Pursuant to the AHIP, the Applicant will be responsible for GenStr„Gt;R obtaining building permits fora minimum of 105 affordable dwelling units within a specified timeframe. If the dwelling units are notf-cc( permitted by the identified date, then alternatives have been provdedicate land to the City for the future construction of affordable housprovide payment of in -lieu fees based on the number of market ratenstructed as part of the Project. 2. The AHIP has been prepared consistent with the provisions of Section 20.52.015 (Affordable Housing Implementation Plan) of the NBMC. Section 4: A WSA has been prepared by Fuscoe Engineering, Inc. dated January 14, 2025, for the Project to evaluate the water supply availability pursuant to Senate Bill No. 610 adopted in 2011 and codified in Section 21151.9 of the California Public Resources Code, and Section 10910 et seq. of the California Water Code and as contemplated in the City's Housing Implementation Program Final Program EIR. The WSA is attached hereto as Exhibit "C." The WSA conforms to the applicable requirements and is acceptable for the following reasons: 1. The WSA evaluates whether the total projected water supply, determined to be available by the City for the Project during normal, single dry, and multiple dry water years during a 20-year projection, will meet the projected water demand associated with the Project, in addition to existing and planned future uses, including agricultural and manufacturing uses. 2. The WSA identifies all existing water supply entitlements, water rights, or water service contracts relevant to the water supply for the Project and describes the quantities of water received in prior years by the existing water supply entitlements, water rights, or water service contracts. III. Consistency with Housing Element The City of Newport Beach adopted a Housing Element Implementation Plan in 2024. A Housing Element was included in the General Plan in accordance with state law. The Housing Element was updated in 2022 and amended in 2024. The Housing Element identifies goals and programs for the provision of affordable housing in the City. The AHIP is intended to meet the specific goals of the Housing Element as follows: Housing Goal #3 A variety of housing types, designs, and opportunities for all social and economic segments. Housing Policy H3.1 Encourage preservation of existing and provision of new housing affordable to extremely low-, very low-, low-, and me ' households. The AHIP supports the City's requirement for the provision of affordo residential development. The Irvine Company has prepared a Development with this Policy/Program. Housing Goal #5 Preservation of the City's housing stockfor extremely moderate -income households. Housing Policy H5.1 Continue or undertake the following programs to mitigat units due to conversion to market -rate units. These e local resources. They include efforts to secure additio private sectors should they become available. _ ri tjjg1JLze exiging City and s. from public and The affordable housing provided per the AHIP will increase the �rd'�51e housing stock. The units will be deed -restricted to remain affordable for a perio In addition, the developer will provide periodic reports in the form required by the C' of the affordable housing units will assist the City in meeting Housing Element Goal # 1: o e sites to accommodate projected housing unit growth needs identified by the 2021-2029 4T In conclusion, the AHIP is consistent wi t gd programs in the City's 2022 General Plan Housing Element. IV. Amendments to the AHIP This AHIP may be amended with the approval of the City Council V. Authority The AHIP has been adopted by the City of Newport Beach per Resolution No. 2025-_ on the 29th day of April, 2025. North Newport Center Planned Community Affordable Housing Implementation Plan