Alex Nunez
speaker
7,337 appearances
30 recordings
2 series
first heard Oct 2023
last heard 19 Aug
Alex Nunez’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Feb 2026 with 2.
Appearances
Staff found that the California construction cost index would be the better index and therefore recommend making this change.
In doing our due diligence for the acquisition for the alternative compliance, we revisited the in lieu fees and we have some updates.
Although construction costs have increased, incomes which drive rents and sales prices have increased at a far greater rate over the past five years.
So therefore you will notice that two of the fees have actually just decreased.
Conversely, non-row home and townhome ownership projects such as condos have seen construction costs increase faster than sales prices, which means that the gap between the construction cost and the revenue has increased, and this results in a higher fee.
So council accepted these recommendations.
The fourth amendment addresses the remaining cleanup items that were not incorporated into the February 2025 update.
These include clarifying the weighted average for the AMI limits and updating the administering department from CDD to housing.
Council has accepted these recommendations.
The fifth amendment addresses the HOA reserve fund.
Currently, our ordinance requires that any developer that is providing units at 80% or below establish a fund that would cover increases in HOA fees for households that may be experiencing financial hardships due to the fee increases.
Since this was adopted by the city in 2019, the state has passed Assembly Bill 572, which restricts an HOA increase on deed restricted ownership units to 5% plus CPI, capped at 10%.
Additionally, staff have received feedback from developers that the HOA Reserve Fund impacts project feasibility for low-income homeownership units.
Staff conducted an analysis and have found that AB 572 is generally sufficient to meet the intent of the HOA Reserve Fund and that the benefits of this fund do not offset project feasibility.
So therefore, staff recommend removing the program and council was supportive of this recommendation.
Amendment number six, a graduated fee reduction.
As mentioned earlier in the presentation, the BMR program allows projects up to six units to pay the in lieu fee.
Once a project reaches seven units, a full BMR unit must be delivered with the project.
During the November 2025 Council review, staff recommended incorporating a graduated fee reduction for small projects, meaning that the more units a developer builds, up to a maximum of six, the lower the per unit fee.
The intent of this initiative is to incentivize developers of small projects to maximize their development potential as well as to further housing element goal 2.2, which is the pilot ADU and SB9 financial incentive program.
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