Emeryville’s Affordable Housing Set-Aside Program requires 15 percent affordability for rental developments (nine percent for moderate-income households and six percent for very low-income households) and 20 percent moderate-income affordability for ownership developments. Homes must remain affordable for 55 and 45 years, respectively. The small city (population 10,777) has produced more than 400 below market rate units through this program since its adoption in 1990.
Emeryville’s program offers various zoning benefits and cost offsets to participating developers. In addition to density bonuses of up to 25 percent, the city is authorized to subsidize the cost of traffic impact fees, building fees and any other city fees subject to the affordable units. It also provides technical assistance to help developers access local, state or federal sources of subsidy funding to help them meet their affordability obligations.
For More Info:
Catherine Firpo, City of Emeryville
Email: [email protected]