31 C20-2024-024 - Area Plan Process Amendment Affordability Impact Statement — original pdf

Backup

Affordability Impact Statement Area Plan Process Amendment Case number: C20-2024-024 Initiated by: Resolution No. 20230309-016 Date: 3/19/2025 Proposed Regulation The proposed amendment would add a new section to Chapter 25-1 of the Land Development Code that specifies the amendment process for geographically focused land use plans that do not already have a process defined. The amendment would align with existing processes for plan amendments and provide clarity for property owners seeking to request changes. Land Use/Zoning Impacts on Housing Costs The proposed changes would have a neutral impact on housing costs. The amendment does not modify development entitlements or impose new regulatory requirements. The amendment is intended to prepare for the continued transition to new plan types, clarify the amendment process and criteria, provide a path for property owners to initiate changes, ensure adequate public notice, and ensure consistent processes. Impact on Development Cost The proposed changes would have a neutral impact on development costs. The amendment does not modify development entitlements or impose new regulatory requirements. However, by providing a defined path for property owners to request amendments, the proposal may reduce uncertainty and streamline processes, potentially lowering administrative burden. Impact on Affordable Housing The proposed changes would have a neutral impact on affordable housing. This ordinance amendment is procedural in nature and is not expected to have an immediate or direct impact on affordable housing. The long-term affordability effects will depend on how the amendment process is utilized and whether future changes support affordability goals. Other Policy Considerations None. Manager’s Signature ______________________________________________________________