HomeMy WebLinkAbout4/1/2025 Item 7d, Tway and Amini - Staff Agenda CorrespondenceCity of San Luis Obispo, Council Memorandum
City of San Luis Obispo
Council Agenda Correspondence
DATE: April 1, 2025
TO: Mayor and Council
FROM: Timmi Tway, Community Development Director
Prepared By: David Amini, Housing Coordinator
VIA: Whitney McDonald, City Manager
SUBJECT: ITEM 7D - 2024 GENERAL PLAN ANNUAL REPORT
Staff is issuing this agenda correspondence to correct the figures provided in Table 5 –
Residential Growth Rates, and Table 7 – Progress Towards 6th Cycle Quantified
Objectives, 2019-2028. The corrected tables can be found below. The final edition of the
GPAR will incorporate these corrections before final filing on the City’s website and with
HCD.
Table 5 – Residential Growth Rates, 2015-2024
Calendar Year
Period New Units
Average
Annual
Growth Rate
Total Units in the
City in 2024
LUE Estimated
Units in 2024 (1%
Growth)
2024 342*
1.03% 23,156* 23,096
2015 - 2024 3,173*
Source: 2024 Building Permits finaled, Community Development Department
*These totals exclude deed-restricted affordable units, accessory dwelling units (ADUs), and new dwellings
in the Downtown Commercial (C-D) Zone. The all-encompassing unit total in 2024 was 23,984 units.
From 2015 to 2024, the City granted occupancy to 3,173 newly constructed residential
units (also accounting for the 46 units that were demolished between 2015 and 2024). Of
the 3,173 units constructed between 2015 -2024, 2,348 units were subject to growth
management limitations. Of the units exempt from the growth management ordinance,
390 units were deed restricted for affordable housing, 413 units were Accessory Dwelling
Units or Junior Accessory Dwelling Units, and 24 units were located within the Downtown
Commercial (C-D) zone. As of 2024, there are a total of 23,156 residential units subject
to the growth management ordinance within the City (as identified in Table 5 above),
where the 2015 LUE estimated 23,096 units for 2024.
Item 7d. 2024 General Plan Annual Report Page 2
Table 7 - Progress Towards 6th Cycle Quantified Objectives, 2019-2028
Income Level
6th Cycle
RHNA
Allocation
Building Permitted Units Issued by Affordability
Total
Units by
Income
Level
Total
Units
Remaining
by Income
Level
(% of County Median
Income) Year 1
(2019)
Year 2
(2020)
Year 3
(2021)
Year 4
(2022)
Year 5
(2023)
Years 6 –
10 (2024 -
2028)
Extremely
Low
Deed
Restricted 0 0 14 36 0 123 173
500
Non-
Deed
Restricted
825 0 0 0 0 0 0 0
Very Low
Deed
Restricted 0 14 42 14 22 60 152
Non-
Deed
Restricted
0 0 0 0 0 0 0
Low
Deed
Restricted
520
6 0 36 21 5 15 83
263 Non-
Deed
Restricted
0 30 46 50 0 48 174
Moderate
Deed
Restricted
603
8 5 9 2 4 13 41
519 Non-
Deed
Restricted
0 0 0 0 43 0 43
Above
Moderate 1,406 523 416 472 439 293 190 2,333 0
Total
Units 3,354 537 465 619 562 367 442 2,992
Total Remaining for RHNA
Period: 1,282
Source: Community Development Department, Building Permits Issued, 2024
The City has met its total allocation for “Above Moderate” housing units. This leaves 1,282
affordable units needed to meet the 6th Cycle RHNA allocation by the end of the 2028
calendar year. Of the remaining allocation, 39% of the units must be reserved for Very Low
and Extremely Low Incomes, 21% for Low Incomes, and 40% for Moderate Incomes.