Meeting Time: May 06, 2024 at 6:00pm PDT
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Agenda Item

5.A. FEASIBILITY STUDY FOR THE REPLACEMENT OF ABOVE LOWER INCOME PROTECTED UNITS [N. MARICICH, F. CONTRERAS, T. FARRIS, M. MONTENEGRO]: SUBJECT: The City Council will receive a feasibility study ("Study") analyzing the replacement requirement of the above lower-income protected units in new housing projects. Additionally, the City Council will consider directing staff to prepare a Zone Text Amendment (ZTA), based on the findings of the study, to require the replacement of demolished rent-stabilized units (protected units) that were also occupied by households or individuals of above lower income (80% or higher Area Median Income) account for 32 percent (32%) of the base units in a proposed housing development as deed-restricted affordable units, with any remainder subject to rent stabilization (WHMC Title 17).

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    Victor Omelczenko 5 months ago

    So prolix only an attorney could possibly understand it, this staff report and consultant HR&A's analysis need to be explained clearly to WeHo residents, over 75% of whom are renters. Implementing the worthy 1-for-1 replacement rule has devolved into a recondite exercise surely loved by developers only. Staff Report Pages 10-11 refer to "public hearings" but how did this specific item involve engagement with the actual community of renters and landlords during 2023? Something is awry here.