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HomeMy WebLinkAboutItem 6g. Hermann and Fiedler - Staff Agenda CorrespondenceCity of San Luis Obispo, Council Memorandum City of San Luis Obispo Council Agenda Correspondence DATE: August 18, 2026 TO: Mayor and Council FROM: Greg Hermann, Deputy City Manager Prepared By: Laura Fiedler, Economic Development & Tourism Manager VIA: Whitney McDonald, City Manager SUBJECT: ITEM #6g - RESOLUTION TO SUPPORT NOMINATION OF FIVE CENSUS TRACTS TO THE STATE OF CALIFORNIA FOR DESIGNATION IN THE FEDERAL OPPORTUNITY ZONE 2.0 PROGRAM Staff received a request to provide a clearer map of the census tracts under discussion for this agenda item. In the map on the next page (a copy is also attached), each eligible census tract in and around the City of San Luis Obispo is outlined, shaded in blue, and labeled with the last 5 digits of the tract number. General text descriptors also appear in quotation marks on each tract for ease of reference, but they are not official names for those census tracts or neighborhoods. During the Local Authority Recommendation period which ended July 20, 2026, the County of San Luis Obispo nominated tract 109.03 around the core of Cal Poly’s campus. The City of San Luis Obispo nominated the remaining five eligible tracts: 111.01, 111.04, 112.01, 109.02, and 110.02. The two tracts shaded in darker blue (109.03 and 110.02) are currently recommended by the State for designation on the draft list open for public comment until August 28, 2026. The state's criteria for recommendation are more expansive than the federal government's criteria for eligibility; while federal eligibility is based on income and poverty levels, the state is also considering renter occupancy rates, unemployment, crowding, geographic equity, and statewide and regional economic development objectives. It is important to note that Opportunity Zone designation does not alter or supersede any local planning, zoning, or land use regulations. All future projects will continue to be subject to the City’s established standards, requirements, and approval processes. The designation simply provides an additional voluntary tool that may help attract investment to areas where the City already anticipates housing, infrastructure improvements, and economic development activity. ITEM #6g - RESOLUTION TO SUPPORT NOMINATION OF FIVE CENSUS TRACTS Page 2