HomeMy Public PortalAboutResolution 19-02 Housing Incentives ProgramCity of McCall
RESOLUTION 19-02
A RESOLUTION OF THE CITY OF MCCALL, IDAHO, ADOPTING THE MCCALL LOCAL
HOUSING INCENTIVE PROGRAM FOR PRIVATE DEVELOPMENT, PROVIDING FOR
RELATED MATTERS, AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the McCall Housing Strategy was prepared by consultant team of Logan Simpson and
Zions Finance to look at the housing issue in McCall and provide recommendations to create more
affordable housing options for local residents to be able to work and live in McCall; and
WHEREAS, the City of McCall conducted an extensive planning process as part of the 2018 McCall
In Motion Comprehensive Plan update process involving members of the McCall community which
examined the need for housing, role in economic development, importance to the workforce, impact
on transportation and need to retain year around community; and
WHEREAS, the McCall Area Comprehensive Plan Our Economy Vision statement states: "Support
a variety of housing opportunities to allow people to live and work in McCall, and to provide
affordable opportunities for low- to middle -income employees, seniors, and
persons with special needs"; and
WHEREAS, one of the six Big Ideas in the Comprehensive Plan is "Housing our Local Community:
Achieve a sustainable, year -around community"; and
WHEREAS, Comprehensive Plan, Housing Goals and Policies include: "Goal 2: Support a local
housing program as part of the vision for a diverse and year-round economy"; and
WHEREAS, the McCall Housing Strategy is a planning document to assist in the creation of funding
sources, regulations, programs and policies to create `local' housing options; and
WHEREAS, the McCall Housing Strategy Report was adopted on January 11, 2018; and
WHEREAS, staff presented information about the tour staff had with Planners from the Town of
Winter Park, CO about public and private initiatives in its downtown and related to affordable
housing with the goal of creating as much housing in its downtown as possible; and
WHEREAS, the City Council held a work session on September 27, 2018 to generate ideas and
solutions for the lack of attainable housing in McCall; and
WHEREAS, on December 13, 2018 and January 17, 2019 the City Council discussed and reviewed
an overview of a potential McCall Local Housing Program. Part of this program will be a Local
Housing Incentive Program for private development developed to encourage and create deed
restricted for sale or lease controlled local housing units; and
WHEREAS, the Local Housing Incentive Program is subject to available funding; and
WHEREAS, the City of McCall recognizes that deed restricted local housing is a Public Benefit to
the entire community; and
WHEREAS; the Local Housing Incentive Program provides the terms and criteria for the value of
the incentive for deed restricted units; however, deed restrictions shall be approved on a case by
case basis for each project by the Administrator of the Local Housing Incentive Program: and
WHEREAS, the Local Housing Incentive Program is a reimbursement program to those developers
and owners who voluntarily participate in the Program after specific deed restrictions are approved
and recorded and there is acceptance of the public infrastructure by the City.
NOW, THEREFORE, BE IT RESOLVED, by the Mayor and City Council of the City of McCall,
Valley County, Idaho that:
The City of McCall adopt the Local Housing Incentive Program, a copy of which is attached hereto
as Exhibit 1, and by this reference incorporated herein.
This resolution shall be in full force and effect upon its passage and approval.
Adopted this 14th day of February 2019.
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Exhibit 1.
City of McCall
Local Housing Incentive Program
For New Development
Purpose: As outlined in the 2018 McCall Area Comprehensive Plan and the City of McCall
Housing Strategy, a Local Housing Program that includes a number of tools to create a variety of
for -sale or rental units with various price points is needed in order to support a year -around
community. As part of the Local Housing Program, this incentive -based program intends to
encourage the private sector to build units with deed restrictions to increase the supply of housing
for locals. Deed restrictions are an important tool to ensure housing units for locals stay affordable
for the long-term for other locals who are interested in renting or purchasing a unit in the city of
McCall. These restrictions ensure permanent affordability.
Incentive: Maximum Incentive Value: $10,000 of value per unit, provided that units are deed or
lease restricted for local housing and meet the criteria set forth in the Incentive Program. The
Incentive will be calculated for the value of the incentive amount and will be issued on a
reimbursement basis. The Local Housing Incentive Program is contingent upon available funding.
Eligibility: Project must be located within the McCall City limits and have recorded approved
deed restrictions for units to be eligible for the incentive.
Examples for Incentive Expenditure: The following are the priorities for expenditures for the
incentive (value up to $10,000/unit) but may not be limited to:
• Public street improvements
• Public sidewalk/pathways
• Upgrades to City utilities (water, fiber)
• Undergrounding of overhead utilities (power, telecommunications)
• Water hookup fees
• Parks in -lieu fees as required by MCC 9.3.10
• Building / P&Z application fees
Funding Sources: The following is a list of funding sources but may not be limited to:
• City General Funds / LOT
• Water hookup fees (water fund must be repaid by source above)
• Utility Franchise fees
• Building / P&Z application fees
• City -owned property
1
Exhibit 1.
Deed Restrictions: A deed restriction placed on the property will determine how an owner may
use, rent or resell the property or unit. Rather than link the local housing program to income
categories, the purpose of the criteria for the deed restrictions would focus on people who work in
the community to also have housing within McCall. Deed restrictions for rental, for sale or
employer owned units would define and include the following criteria set forth here.
Criteria: The purpose of the criteria is to define how deed restrictions will be developed
depending on the ownership, type of unit or development, and other considerations based on a
project -by -project evaluation.
Criteria for all projects: These minimum requirements apply to all deed restricted units:
• Employed, work minimum 30 hours/week or 1,560 hours/year, within the city for a set
period (6 months) or have employment offer from a McCall Business; or
• Senior (age 65 and older) as primary resident; or
• Person with disability; and
• No short-term/vacation renting or sub -leasing.
For Rent Units: Must meet the general criteria for all projects and may be subject to the following:
• Rent Control to ensure affordability typically tied to Consumer Price Index; and
• Annual or random audits of leases.
For Sale Units: Must meet the general criteria for all projects and may be subject to the following:
• Restriction on resale price based on maximum annual appreciation rate for sale units
(i.e.3% of original purchase price and cost of improvements, typically tied to the Consumer
Price Index, or other measure such as Median Household Income).
2
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