02 Submitted by Commissioner Barrera -Ramirez Amendments Home 2.pdf — original pdf

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Amendment Item (HOME Phase Commissione Reference Pg #/Section Proposed Amendment No. 2, Compatibility, r Proposing Document # of EV Charging, OR Amendment document ETOD Overlay) HOME Phase 2 Barrera- Ramirez General Recommendat Low- & Middle-Income Homeowner Access to Financing Opportunities: Provide creative financing opportunities, ion like forgivable loans, for low- and middle- income Proposed Text Change, IF Text Change Included in Amendment (YES/NO) necessary (Underline added text/Strikethrough deleted text) References and Notes (if needed) HOME Phase 3 Barrera- Ramirez General Recommendat ion HOME Phase 4 Barrera- Ramirez General Recommendat Preservation of Homeownership for Low-Income Homeowners: Adopt strategies and fund programs to ion provide options for homeowners at risk of displacement homeowners who would like to build units on their lots as long as rented units are income-restricted at 50% MFI or below and accepts Section 8 vouchers, and units for ownership are 60% MFI or below. Make ADUs more accessible: Allow manufactured housing to be permissible as an ADU provided it meets standards for safety and climate resistance to make ADU’s accessible for low- and middle-income residents in our neighborhoods and seek opportunities to streamline permitting and provide permitting assistance income restricted at 80% MFI or below. due to property tax increases. Identify funding sources to compensate homeowners to participate in Community Land Trusts run by outside nonprofits. Offer tax abatement for homeowners at or below 50% MFI.