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HomeMy WebLinkAbout5-14-2020 Public Comment - K. Thane - Bridger View RedevelopmentFrom:Kevin Thane To:Agenda Subject:Public Comment for May 18, 2020 City Commission Meeting Date:Thursday, May 14, 2020 10:22:30 PM Attachments:Public Comment on PUD Application 19464.pdf Attached is public comment for Action Item 4, Bridger View Redevelopment Preliminary Planned Unit Development (PUD), Application 19464 , on the Agenda for the May 18, 2020 City Commission meeting. Kevin Thane3432 S 29th Ave Bozeman, MT 59718 May 14, 2020 Commissioners: The Bridger View Redevelopment project meets the requirements of the Affordable Housing Ordinance. I concur with the Staff recommendations although the application leaves many unanswered questions which CAHAB would normally be able to clarify with the applicant and have the opportunity to suggest ways to address the open issues. Given the covid environment in which we are operating, with the City’s current prohibition of meetings by Advisory Boards, and the direction to submit comments directly to the City Commission, these comments are submitted without consideration and discussion by the full Community Affordable Housing Advisory Board. The Bridger View project brings with it the benefit of being a valuable pilot project which can provide useful data for future projects of this nature, the City, developers, builders, realtors and the financial community. It is my hope that the Commission will strongly recommend, if not require as a part of the approval for this PUD and Affordable Housing Plan, that data be collected and reported to the Community Housing Program Manager in order to be able to inform decisions on future projects that will be built on this model. Specifically, reporting back to the City should contain: 1. Reports detailing engineering challenges, including but not limited to utility connections and right of way impediments and how they were addressed. 2. An analysis of the permitting process for the project detailing any hurdles and the methodology used to overcome them. 3. Information on the marketing process for all units in the project including timing and rates of sales, sales prices, and any relevant information that might guide the implementation of future projects. 4. Composite data on the utility efficiency of the units in the project including reporting timeline information showing the installation of solar panels and the benefit of those panels to residents. 5. Data on the resales of the units in the project to document turnover rates, sales pricing, return of down payment and impact fee subsidies to the Community Affordable Housing Fund, and reasons for selling. 6. HOA and Land Trust dues, fees, and collections along with data on violations of either agreement. 7. Efficiency of the land trust model in attracting and retaining low and middle income homeowners. If data can be gathered from this project that will inform decisions down the road, it will to some degree mitigate the fact that this project replaces 92 very low income housing units with 62 primarily middle to higher end dwelling units. It bears noting that on page 2 of the Bozeman Community Housing Action Plan (accepted by the Commission on November 18, 2019) a target is set that there should be, “…no net loss of community housing stock below 80% AMI.” It is my hope that future similar projects can avoid the front end load of this project that forces market rate sales of the vast majority of the units in this project. It is of concern that this project does not come close to matching the distribution of housing units needed in Bozeman that was shown in the Bozeman Community Housing Action Plan Bridge found on page 3 of the Action Plan, which, if followed, indicates 43% of the units (~27) should be priced below 80% AMI, 19% of the units (~12)should be priced between 80 and 120% of AMI, and 37% (~23) should be priced above 120% AMI. Several questions relating to the cost and the affordability of the Missing Middle and Market Rate homes included in this project were posed to HRDC but answers provided did not yield the information requested. As of the today, May 14, 2020, the Land Trust entity that will be used for this project has not yet been incorporated and operation and leasing costs have not been determined. This leaves me to make assumptions when trying to determine the actual affordability of the units. In conclusion, given the fact that only 5 of the 62 units that make up this project are actually targeted to be sold to low income individuals and given the holes in the information that has been provided, the project is sufficient but disappointing, since the land for the project is being provided at no cost to the project. In my view, the saving grace for this project lies in two things, first that it will be truly considered a pilot project and the data outlined above can be of benefit to future projects; second that as was demonstrated by the question asked twice during the Planning Commission consideration of this project, “if this works, why is it so hard to do?”, alluding to the suggestion that the 10 relaxations required for this project should be included in the UDC. Respectfully Submitted, Kevin Thane, Chair Community Affordable Housing Advisory Board 3432 S 29th Ave, Bozeman, MT 59718