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11 Susana Barrios From:Julian Gutierrez <juliang@kennedycommission.org> Sent:Tuesday, April 2, To:City Clerk Cc:Cesar C Subject:\[EXTERNAL\] Kennedy Commission's Comments on Anaheim's Local Housing Trust Fund Attachments:Anaheim Local Housing Trust Fund.docx.pdf You don't often get email from juliang@kennedycommission.org. Learn why this is important Warning: This email originated from outside the City of Anaheim. Do not click links or open attachments unless you recognize the sender and are expecting the message. Good Evening, My name is Julian Sebastian Gutierrez, a Policy Analyst with The Kennedy Commission, emailing on behalf of our Executive Director, Cesar Covarrubias. Attached below are our comments on Anaheim's discussion of a Local Housing Trust Fund. Thank you for this opportunity and I hope you have a great rest of your day. Sincerely, Julian Sebastian Gutierrez -- Julian Sebastian Gutierrez (He/Him) Policy Analyst - Kennedy Commission ( 1 April 2,2024 Mayor Aitkens and City Councilmembers City of Anaheim 200 S.Anaheim Blvd Anaheim,CA 92805 Re:Comments to Action Item 11 on Anaheim’s discussion of establishing a Local Housing Trust Fund Dear Honorable Mayor Aitkens and Members of the Anaheim City Council The Kennedy Commission (the Commission)is a broad coalition of residents and community organizations that advocates for the production of homes affordable for families earning less than $30,000 annually in Orange County.Formed in 2001,the Commission has been successful in partnering and working with jurisdictions in Orange County to create effective policies that have led to the production of new homes affordable to low income working families. Thank you for the opportunity to comment on the city’s discussion on uses and benefits of a local Housing Trust Fund. The Kennedy Commission supports the creation of a Housing Trust as an effective policy to create much needed affordable housing for lower income working families in Anaheim.In addition to establishing the Local Housing Trust Fund,The Commission requests the City to implement other tools to increase the creation of Affordable Housing.The following are common tools to fund a Local Housing Trust Fund and create affordable housing.These programs should be implemented as part of a affordable housing strategy: -Inclusionary Housing Ordinance -That requires the inclusion of extremely low-,very low-,and low income units in each new housing development to ensure the needs of all economic segments of the community are met while providing developers with predictability of development costs.We recommend that the city implement an Inclusionary Housing Ordinance that sets aside 15%of all units at the extremely low-, very low-,and low income levels with an in-lieu fee program. -Impact Fees -Affordable Housing Development Fee will include a fee “which will be used to implement an Affordable Housing Production Program that will augment city staffing,leverage local resources for State and Federal funding,construct supporting infrastructure,and other actions as identified,to facilitate affordable housing.” -Bonds -Issue local housing bonds to finance affordable housing development. -General Fund Commitments -Commit funds from the General Fund to finance affordable housing development. -Transit Occupancy Tax -Designate a portion of the Transit Occupancy Tax for the development of affordable housing. Thank you for your consideration of these concerns.We look forward to further conversation regarding this important matter 1 Very truly yours, Cesar Covarrubias Executive Director 2