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HomeMy WebLinkAbout2/22/2023 Item 4a, Amini From:David Amini < To:Advisory Bodies Subject:Planning Commission 2/22/2023 Item 4a. Comments This message is from an External Source. Use caution when deciding to open attachments, click links, or respond. Hi, I am a resident of the Downtown Planning Area. I am speaking in support of the Flexible Density Ordinance. The Downtown Core will benefit immensely from more housing under this Ordinance. I have some comments for the PC regarding specific elements of the Ordinance that are worth revisiting. Thank you! B. Applicability and Location The City should consider extending the location of the Ordinance to a larger area, such as the Downtown Planning Area as a whole. As the draft is written, properties that would fall under this location mainly consist of already existing buildings, of which only a few are slated for redevelopment. The Downtown Planning Area has many more underutilized or vacant properties that would greatly benefit from higher density and smaller unit sizes as permitted by this Ordinance. C.2. Inclusionary Housing Ordinance Exemption The City has deemed units subject to this Ordinance, which are less than 600 square feet, as "affordable by design". However, it is unlikely that small unit sizes alone will truly create housing affordability. When considering that hotel rooms closer to 300 square feet at Hotel Cerro and Hotel SLO rent for $500 and up per night, and the few Downtown Core studio apartments rent for greater than $2000 per month, it is a bit audacious to assume that smaller unit sizes will automatically be affordable to rent in this inflated market. The City should preserve the inclusionary housing element requirement in this Ordinance to provide a bare minimum amount of housing that is affordable to Downtown service industry workers. Downtown Core developers already benefit from charging sky-high retail rents higher than anywhere else in the City. New developments under the Ordinance will not be made financially infeasible if developers are required to provide 1-2 housing units out of 50 at below market rate rents. 1