Affordable housing is city goal
With available land for affordable housing in short supply, government agencies are trying to create incentives for deed restricted projects.
The city of South Lake Tahoe and Tahoe Regional Planning Agency have approved the addition of 4.5 acres to the Stateline Ski Run Community Plan, which could increase land coverage on the site for a deed restricted affordable housing project.
“It makes the property owners eligible to take advantage of incentives for deed restricted affordable housing that the TRPA offers,” said Lisa O’Daly, associate city planner.
To qualify for additional coverage, land in the same sub watershed must be retired and transferred to the project site. The TRPA would need to approve any additional coverage.
Both properties are owned by RTR partners and are already approved for multi-family housing. The changes approved do not affect the density or the number of allowable units.
Although there has been discussion of building an affordable housing project, no proposals have been made to the city for federal grant funding.
The 4.5 acre property, located at the intersection of Ski Run Boulevard and Pioneer Trail, is being combined with an acre parcel already in the community plan.
These 5.5 acres have been identified by the city as a good location for affordable housing. Patrick Conway, city housing and economic coordinator, said the location works because it is larger than 3 acres, a preferred minimum for affordable housing projects, and close to transportation and employment opportunities.
The combined properties could allow for more land coverage, up to 50 percent from about 25 percent, for a deed restricted affordable housing project.
“That little bit of land coverage provides more flexibility to the architect,” O’Daly said.
In many circumstances land coverage restrictions have been a disincentive to developers, who are unable to build viable projects, Conway said. But with additional coverage the property has the potential to become more attractive to an affordable housing developer.
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