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 over the last 12 months — 12 in all, peaking in Feb 2026 with 2.

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Would that make sense to include just so it also goes to fulfill our housing?
Do you mean for the locational requirements?
Yes.
They may already be included in the general high opportunity areas and I can bring that up and you'll see.
Yeah, I wasn't sure if the high opportunity areas always coincided with the housing element site inventory that we have.
So I'm not exactly sure where all the housing element opportunity areas are, but I did want to show you the slide that reflects the HCD opportunity areas, high and highest resource areas, which is essentially almost all of the city, apart from maybe one little parcel there.
So really our AFFH requirements are very easily met.
Yeah, that's helpful to know.
So under land dedication, can you explain what happens to a dedicated parcel?
Does the city take control of it and maintain it over time?
And is the cost of the maintenance then calculated in that sort of
financing that the developer provides and for what period of time is that envisioned?
Right, excellent question.
So the land would be conveyed at some point in time that we would establish through the compliance plan.
It's conveyed to the city.
Depending on the parcel, I'm not entirely sure about what that maintenance might look like, but if a developer opts to give a land dedication, they also need to provide the city with the fee, which currently is about $950,000, which covers the cost of the RFP process, the developer selection, the entitlement, how long we anticipate it takes them to get financing,
all the way through construction.
So currently, as it stands, we would receive a fee.
The city takes title to the land while we secure a developer partner.
I was wondering if it might make sense to have an option to do a conveyance to a community land trust, which will also sort of help maintain the perpetuity of the affordability and maybe reduce some of the carrying costs.
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