Santa Monica

City Council

October 10, 2023 Order of Business 5 #D

Agenda Item D

D. Adoption of Affordable Housing Production Program Fee Resolutions\nRecommended Action\nStaff recommends that the City Council:\n1. Adopt a finding of no possibility of significant effect pursuant to Section 15061(b)(3)\n(Common Sense Exemption) of the California Environmental Quality Act (CEQA)\nGuidelines.\n2. Adopt the attached Resolution increasing the Affordable Housing Unit Base Fee by 5.8\npercent for new market-rate apartments and condominiums (Attachment A).\n3. Adopt the attached Resolution increasing the Affordable Housing Unit Development Cost\nby 5.8 percent (Attachment B).\nStaff Report Printout\na. Resolution Automatically Adjusting the Affordable Housing Unit Base Fee\nb. Resolution Automatically Adjusting the Affordable Housing Unit Development Cost\nc. Staff Analysis - FY 2023-24 Annual Automatic Adjustment for the Affordable Housing Unit Base\nFee\nd. Staff Analysis - FY 2023-24 Annual Automatic Adjustment for the Affordable Housing Unit\nDevelopment Cost\ne. AHPP Administrative Guidelines\nf. October 25, 2022 Staff Report (Web Link)\ng. June 13, 2006 Staff Report (Web Link)\nh. July 21, 1998 Staff Report (Web Link)