CITY COUNCIL AGENDA ITEM
ACTION REQUESTED:
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Adopt the Resolution restricting the proceeds from the cede of the 2017-2021 Volume Cap for use in reimbursing Naperville Elderly Homes, Inc., or other qualifying affordable housing providers, certain City costs related to the review, permitting and inspection of affordable housing projects.
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DEPARTMENT: Transportation, Engineering and Development
SUBMITTED BY: Allison Laff, AICP, Deputy Director of TED
BOARD/COMMISSION REVIEW:
Not required.
BACKGROUND:
On June 6, 2017, the City Council approved certain entitlements related to the proposed Naperville Elderly Homes project to be constructed at 310 Martin Avenue. This project will create 68 new units of low-income senior housing, which is a housing type identified as a gap in the City's Analysis of Impediments to Fair Housing Choice (2017).
During discussion of this agenda item, the petitioner requested that the City consider waiving the review, permitting and inspection fees related to this project. City Council directed staff to prepare an agenda item related to this request for consideration at the June 20, 2017 City Council meeting.
DISCUSSION:
Given the value and need for additional affordable senior housing units in the City, staff recommends that the proceeds from the cede of 2017-2021 Volume Cap be restricted for use in reimbursing qualifying housing providers certain City costs related to their affordable housing projects. Further information related to the volume cap can be found below.
Naperville Elderly Homes Estimated Fees
The estimated costs for review, permitting and inspections related to the proposed Naperville Elderly Homes, Inc. project at 310 Martin Avenue is approximately $114,000, as further detailed below:
Development Review
Engineering Review Fees
1.5% of engineer's cost estimate
$10,176.00
Building Review Board Application Fee
$ 250.00
Subdivision Plat Fees (0-5 Acres)
$ 2,500.00
Conditional Use (0-10 Acres)
$ 2...
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