CITY OF MOUNTAIN VIEW·COMMUNITY DEVELOPMENT DEPARTMENT • HOUSING DIVISION HN-08 (Rev. 04-02-21) 1 of 8
AFFORDABLE HOUSING COMPLIANCE PLAN
Please fill out this form and submit with your application for new development to the Housing Division. This completed form is an item to determine application completeness.
SECTION 1: GENERAL INFORMATION
1a. Applicant Information
Company Name: E-mail:
Phone No.:
Mailing Address (Street, City, State, Zip Code):
Contact Name: E-mail:
Phone No.:
1b. Project Information
Project Name:
Project Address(es):
Project APN:
Planning App. No. (if known):
1c. Project Details
1. Number of Residential Buildings:
2. Total Number of Project Units:
3. Housing Project Type: • For Sale
• Rental
• Both For Sale and Rental
4. Will the proposed project lead to the demolition of any existing rental units? Rental units: any units rented, advertised for rent, or offered for rent within the last five years.
Yes No
If yes, complete the replacement requirement supplement.
5. Are you pursuing a Parcel or Tentative Map with the project? Yes No
6. Are you pursuing a density bonus? Yes No This is a fill-in form. Please fill in and print. Print Form Clear Form Legend Colony LLC [email protected]
6509379373
341 Cobalt Way, Suite 208, Sunnyvale, CA 94085
Albert Wang [email protected]
6509379373
Villa Fortuna 828-836 Sierra Vista Ave/1975-1979 Colony St 153-04-001, 153-04-017, 153-04-018, 153-04-019 PL-7775
5 20
Attachment 5
CITY OF MOUNTAIN VIEW·COMMUNITY DEVELOPMENT DEPARTMENT•HOUSING DIVISION HN-08 (Rev. 04-02-21) 2 of 8
1d. Exemptions
Are you building a 100% “deed restricted” affordable development? Yes No Are you building an accessory dwelling unit (ADU)? Yes No Are you remodeling an existing single-family home? Yes No Are you rebuilding a single-family home on a lot previously occupied by a single- family home? Yes No
If you answered yes to any of the above questions, you may be exempt from the BMR Program. Please contact the Housing Division at 650-903-6379 before continuing.
SECTION 2: AFFORDABLE HOUSING COMPLIANCE
2a. Affordable Housing Compliance
Select Proposed Compliance Approach.
See BMR Administrative Procedures, Section 3, for more information.
Building units on-site
Building units on-site and paying fractional fee for unit less than 0.5 Project is less than seven (7) units paying a fractional in-lieu fee
Alternative Mitigation:
If proposing an alternative mitigation, complete Sections 2b and 2c of this section only and the Alternative Mitigation Supplement.
2b. Unit Mix
Provide information for all units in the development.
Attach an Excel spreadsheet with same column titles if additional space is needed.
Unit Type/Plan No. of
Bedrooms Living Sq. Ft. No. of Units Total
Square Feet
Totals
✔
✔
1 3 1,626 2 3,252
2 3 1,817 2 3,634
3 3 1,675 8 13,400
4 4 1,859 4 7,436
5 4 1,918 4 7,672
20 35,394
CITY OF MOUNTAIN VIEW·COMMUNITY DEVELOPMENT DEPARTMENT•HOUSING DIVISION HN-08 (Rev. 04-02-21) 3 of 8
Projects of less than seven (7) units that are eligible to pay a fractional in-lieu fee are not required to complete sections 2c, 2d, and 2e, unless they will be providing affordable units on- site.
2c. Affordable Unit Calculations Summary Table
Attach a written description detailing how you arrived at the calculations.
Replacement Requirements (complete replacement requirement supplement) Total Replacement Requirement (Units)
VLI Replacement Requirement
LI Replacement Requirement
Replacement Requirement (Bedrooms)
Total Affordable Units In Project
(replacement units + any additional BMR units)
Density Bonus
Base Units
Density Bonus Percentage %
Density Bonus Units
Total Project Units (Base Units + Density Bonus Units)
BMR Program
BMR Requirement
BMR Weighted Average %
0 0
0 0
3 20
10 0
20 3
100
[Requesting in-lieu fee to cover additional 10% requirement] CITY OF MOUNTAIN VIEW·COMMUNITY DEVELOPMENT DEPARTMENT•HOUSING DIVISION HN-08 (Rev. 04-02-21) 4 of 8
2d. AMI Level Information
See BMR Administrative Procedures, Section 4, for more information.
AMI Level Number of Units
@ AMI Level
Percentage of
Units @ AMI
Total Affordable Units
Weighted Average (Sum of percentage column)
For Townhouse and Rowhouse Projects Only. Please provide AMI information for the additional 10% requirement at a weighted average of 135% of AMI below.
AMI Level (A) Number of Units
@ AMI Level (B)
Percentage of Units
@ AMI (C=(A/B)/D)
Total Affordable Units (D)
Weighted Average (Sum of Column C)
Please attach the following items:
Parcel maps and/or site maps indicating the proposed location within the development and square footage for both the BMR and market-rate units.
Construction and completion schedule of all BMR and market-rate units.
Phasing of BMR units (if applicable).
Comparison of bedrooms, fixtures, and access to amenities for the market-rate units and on-site BMR units.
For Ownership Projects Only: If providing units below 80 percent AMI, provide the anticipated initial HOA dues rate per household for the project. 80 1 26.67
100 1 33.33
120 1 40
3 100
CITY OF MOUNTAIN VIEW·COMMUNITY DEVELOPMENT DEPARTMENT•HOUSING DIVISION HN-08 (Rev. 04-02-21) 5 of 8
2e. BMR Unit Information
Provide as much information as known at time of application. BMR unit mix will be finalized prior to execution of BMR Agreement, but should reflect this chart to a significant degree.
Unit No./Lot No. Tenure
(Rent/For-Sale) No. of Bedrooms Square Footage Affordability Level
Lot 6 For-Sale 3 1,675 100 AMI
Lot 11 For-Sale 3 1,626 80 AMI
Lot 13 For-Sale 4 1,859 120 AMI
HN-08 Supp (03-26-21)
AFFORDABLE HOUSING COMPLIANCE PLAN:
REPLACEMENT REQUIREMENT SUPPLEMENT
Complete the information below for each existing rental unit that is proposed to be demolished on the project site.
Select the category that most applies to each unit.
Unit
Number
Number of
Bedrooms
in unit?
Number of
individuals
in household.
Date last
occupied or
advertised
for rent.
What is the
income of the
current or
most recent
household?
Insert
unknown if the
income is
unknown.
Category 1:
Rental units from
1995 or older,
excluding single-
family homes, condos,
duplexes, short-term
rentals, and medical
care facilities (CSFRA-
covered units).
Category 2:
The unit has
been deed-
restricted
affordable in
the last 5
years.
Category 3:
Low- or Very
Low-income
tenants have
lived in the unit
in the last
5 years.
Category 4:
The unit has been
removed using the
Ellis Act in the last
10 years.
CITY OF MOUNTAIN VIEW·COMMUNITY DEVELOPMENT DEPARTMENT•HOUSING DIVISION HN-08 (Rev. 04-02-21) 6 of 8
AFFORDABLE HOUSING COMPLIANCE PLAN:
ALTERNATIVE MITIGATION SUPPLEMENT
See BMR Administrative Procedures, Section 10, for more information.
Indicate the type of proposed alternative mitigation:
1. In-lieu fee
payment
2. Off-site development 3. Land dedication
4. Other: Provide a brief overview.
1. Dedication of Land
Site APN No(s).: Parcel Size(s):
Site Address(es):
Unit Capacity On-Site: Developable Area(s):
Please attach the following items:
Environmental Conditions Reports (ex., Phase I and/or Phase II reports) Site Infrastructure Development Plan
Comprehensive Budget
Please attach a narrative demonstrating how the dedication of land will:
• Exceed minimum affordability requirements of the program • Advance other City goals for housing
CITY OF MOUNTAIN VIEW·COMMUNITY DEVELOPMENT DEPARTMENT•HOUSING DIVISION HN-08 (Rev. 04-02-21) 7 of 8
2. Providing Units Off-Site
Site APN No(s).: Site Address(es):
General Plan Land Use Designation:
Number of Units Provided:
Type of Project: Rental Ownership
Adjacent Land Uses:
AMI Level Information
AMI Level
(A)
Number of Units
@ AMI Level (B)
Percentage of Units
@ AMI (C=(A/B)/D)
Total Affordable Units (D)
Weighted Average (Sum of Column C)
Please attach the following items:
Environmental Conditions Report
Parcel map indicating size, location, number of bedrooms, and square footage Construction and completion schedule
Phasing of units in comparison to market-rate units
Comparison of bedrooms, fixtures, and amenities
Please attach a narrative demonstrating how providing units off-site will:
• Exceed minimum affordability requirements of the program. • Advance other City goals for housing, highlighting how the location of the off-site units is consistent with these goals.
3. Payment of In-lieu Fee
Proposed in-lieu fee amount:
Proposed timing of payment:
Please attach a narrative demonstrating how paying the in-lieu fee will complete one or more of the following objectives:
• Create more affordable units and/or deeper affordability levels than providing the units on-site.
• Create affordable housing for special-needs populations. • Help 100 percent affordable housing projects in the City’s pipeline move forward. • Demonstrate time value of payment.
540,607.96
Prior to issuance of the building permit
CITY OF MOUNTAIN VIEW·COMMUNITY DEVELOPMENT DEPARTMENT•HOUSING DIVISION HN-08 (Rev. 04-02-21) 8 of 8
4. Other:
Please attach a narrative demonstrating how the proposed mitigation will complete one or more of the following objectives:
• Create more affordable units and/or deeper affordability levels than providing the units on-site.
• Create affordable housing for special-needs populations. • Help 100 percent affordable housing projects in the City’s pipeline move forward. • Demonstrate time value of payment.
Narrative Demonstrating Public Benefit
of
the
BMR
In-Lieu
Fee
Project : 828-836 Sierra Vista Ave/1975-1979 Colony St (PL-7775) Applicant : Legend Colony LLC This narrative demonstrates why it is in the City of Mountain View's interest to accept an in-lieu fee
for
two
(2)
of
the
five
(5)
required
Below-Market-Rate
(BMR)
units
for
the
828
Sierra
Vista
project,
in
accordance
with
the
BMR
Administrative
Guidelines.
Our proposal to pay this fee is based on the objective of helping a 100 percent affordable housing
project
in
the
City's
pipeline
move
forward
.
The City of Mountain View has a robust pipeline of dedicated, 100% affordable housing developments
that
are
often
managed
by
experienced
non-profit
developers.
These
projects
are
the
most
effective
and
direct
way
to
address
the
community's
critical
need
for
affordable
housing.
However,
they
frequently
face
complex
financing
gaps
that
can
delay
or
even
halt
their
progress.
The finalized in-lieu fee from our project, totaling $ 540,607.96 , will provide a direct and timely infusion
of
capital
into
the
City's
affordable
housing
fund.
These
funds
can
be
strategically
deployed
by
the
Housing
Department
to:
1. Close Critical Funding Gaps : Provide the final piece of financing needed for a 100% affordable
project
to
break
ground.
2. Accelerate Timelines : Allow a shovel-ready affordable project to move forward sooner than
would
otherwise
be
possible.
3. Create Deeper Affordability : Potentially allow the City to increase the number of units for
extremely-low
or
very-low-income
households
within
another
project.
By accepting this fee, the City can leverage its partnership with experienced affordable housing developers
to
create
a
greater
and
more
immediate
public
benefit
than
would
be
achieved
by
the
two
individual
BMR
units
on
our
site.
This
approach
directly
aligns
with
the
City's
stated
goals
and
the
spirit
of
the
BMR
program's
alternative
mitigation
options.