Alameda Marina Master Plan Amendment
City CouncilJune 16, 2026
BACKGROUND
2 Alameda Master Plan Housing Plan
The Launch - 360 rental units – complete
The Townhomes - 182 ownership units – under construction The Foundry - 259 rental units Approved 2023
This project is an important element of the City’s 2023-2031 Housing Element
The Foundry Project
3 Reapproved by Planning Board in 2023.
259 rental units
Waterfront improvements
Tidelands Remediation
The request is to revise the inclusionary requirement applied to The Foundry to reflect the newly adopted amendments to the inclusionary housing ordinance, adopted by City Council on June 2nd, 2026.
Inclusionary Housing Ordinance Amendment
Amendment adopted by City Council June 2nd
Includes updated requirements for affordable housing rental units Developers can choose one of the following options
15% Low-income
5% Very Low-income + 5% Low-income
8% Very Low-income
4 The Foundry Revised Inclusionary Units
Proposed amendments change the number of affordable units but do not change the design, size, or total number of housing units previously approved Amendments will provide 21 very low-income deed restricted units (8% of 259 total units) 5 Request to Amend Master Plan for The Foundry
Staff Recommendation
Adopt the proposed Master Plan amendment, consistent with the amended Inclusionary Housing Ordinance, to become operative upon the effective date of the ordinance amendment, July 2nd, 2026. 6