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94 <br /> <br />ren[ai :~eve~opmefi[s csn voiun~ariiv choose to <br />ar(ce ~o percent of ~he un(rs aa ~[forda~[e. <br /> n addition ~o denslo/bonuses, :educeo <br />park(ns and an exoedked review process, <br />Denver dso provides a 635~q ~ubsidv ;o de,/e(op- <br />ers ~or :he afforaab(e units (state ~w does <br />ai[ow (he ,:~u-/~o 3roviae Fee waivers). The <br />Oenver ~rdinance ~ermi[5 (he qeve~ooer ;o build <br />~he required affordaom units aff-~i(e out within <br />;he 'same .~enerai" 3rea. :nsie~e o¢ <br />n~ ~he afferdaDie units, .]eve(nears 3~so may <br />:ontdbuce ~n in-iieu fee (o (he 5oec:,a~ revenue <br /> <br /> The resuiB. SeRver's program stands <br /> <br /> size. Since i(s passage in 2002, ~he ~ro~ram nas <br /> produced :~oris n ;he process or ~roduc[n~; <br /> 3,395 ¢fforcaote un(is. To cna surprise of <br /> 5[aff, ~o ~ee-m-lieu -honey has beer co~ected <br /> thus far. Though 0enver is :ons[derin~ 3 few <br /> minor chaR%es ;o ~ne orogram'5 [mptemen[a- <br /> don, ;t]s deemed ~ ;remendous ~uccess. <br /> ;u~nermore, (ne orogram nas no( had a ne~a- <br /> dveeffec~ondeve(opmen[ eve~s n[he <br /> <br />Background. n the :99os, Sacramento experi- <br />enced significsnt =,row[h n ;esidendai ;.nd com- <br />merc:,ai deveioomen[ on its periphery. Tl~e com- <br />mercial devetooment tree[ed new [o05 ~or a vadew <br />o[ ;ncome ~eve~s, ou~ she ma¢oriDl of res~endai <br />aaveio~ment was uOScaie. To orovide Rousing <br />low- and me,era[e-income famiiies near or wiih[n <br />these iob-dch areas, ~he :iUl council exoiored an <br />inclusionap/nousin~ ore,ram. %qrou~ ~he work o¢ <br />a bread coaiition of affordable-housing advocates, <br />tabor unions, ne~g~borhooe associations, environ- <br />memai groups, minoriw-ie~ effo~s, reich-based <br />,Jrganizadons, and (he rossi chamoer ~f com- <br />merce, the ciw councit passed (ne 2,~ixeddncome <br />Housing Ordinance in <br /> The program. The ordinance 3eoiies to <br /> resideR[iai deveiopme~[ over nine u¢iis <br /> .~row[h area~,' inciuding la,ge dn~eveJope~ <br /> <br /> 3mas, ~fio [ar? in[erior ~eoeve(uDliiefl[ areas. <br /> The ~.¢oroaDie -eduiremenr under ;ne ordinance <br /> <br /> q~uttl[amiiv, qe:d~iii(v in 4nit 3!De he!os <br /> 3pars ,se~ermlne ~ :os[-effec:ive way :o <br /> 5;ruc; :ne afforaaote uniEs. <br /> <br />5ih/oonus, dave!oDers aiso may receive <br />exDedif, ed oermit process(n§ for the afford- <br />~ote dnlf.5, fee waivers, retaxed ,Jesi~ <br />~u~dednes. are prioriw sla[us for available <br />local 5[a[e, ]no federat housin~ ~unds. <br /> The result, The Sacramento ordi- <br />nance d reaDeRs'hie for ~he cre~don of <br />oa~ ~flltS 'O ,]a~e 'Nl[h more :o nome; <br />mis ora hence nas nor had a negative <br />e~Fect ](~ ]eveiopmenc. <br /> <br />ZC [',!l N G ?q.a C71C 2 <br /> <br /> <br />