Item 3 Draft Recommendation to Amend the Boundaries of the Housing Fee Spending Area — original pdf

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South Central Waterfront Advisory Board RECOMMENDATION 20240401-XXX Date: Subject: April 1, 2024 Recommendation to amend the boundaries of the Housing Fee Spending Area within SOUTH CENTRAL WATERFRONT COMBINING DISTRICT & DENSITY BONUS PROGRAM Ryan Puzycki Seconded By: Felicity Maxwell Motioned By: Description of Recommendation to Council Redefine the South Central Waterfront Housing Fee Spending Area to be within the walkshed of the district and current or planned transit lines transecting or terminating in the district, bound by the borders defined in Section 6.4.E.1.b. Rationale: Housing Trust funds used toward creating affordable housing units for the South Central Waterfront District must be used within the district or within walking distance of the district and nearby transit. Vote For: Against: Abstain: Absent: Attest: [Staff or board member can sign] 1 of 1