HomeMy WebLinkAboutReso 152-14 Homebuyer Loan Program Guidelines RESOLUTION NO. 152 - 14
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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APPROVING AMENDMENTS TO THE GUIDELINES TO THE INCLUSIONARY ZONING
REGULATIONS ORDINANCE AND FIRST TIME HOMEBUYER LOAN PROGRAM
GUIDELINES.
WHEREAS, a goal of the Housing Element is to expand housing opportunities for all
segments of Dublin's population; and
WHEREAS, accordingly, the City has adopted the Inclusionary Zoning Regulations ("the
Regulations"), set forth in Chapter 8.68 of the Dublin Municipal Code, which generally require
developers of residential housing in excess of 19 units in the City of Dublin to set aside 12.5% of
such units for very low-, low-, and moderate-income households, as defined; and
WHEREAS, the City Council established the Guidelines to the Inclusionary Zoning
Ordinance Regulations on June 1, 2004 to interpret the provisions of the Regulations and
establish procedures and standards for the administration of units developed under the
Regulations; and
WHEREAS, the Guidelines to the Inclusionary Zoning Ordinance Regulations were
amended by the City Council on December 2, 2008; and
WHEREAS, the Guidelines to the Inclusionary Zoning Ordinance Regulations were
amended on December 7, 2011 by the City Manager (in consultation with the Community
Development Director) under the authority granted to the City Manager in City Council
Resolution 211-08; and
WHEREAS, on March 21, 2006, the City Council approved a First Time Homebuyer Loan
Program; and
WHEREAS, on June 19, 2007 and March 1, 2011, the City Council approved
amendments to the First Time Homebuyer Loan Program Guidelines to update practices and
procedures; and
WHEREAS, on September 2, 2014, the City Council received a report from Staff
regarding recommended changes to the guidelines to improve the management and
administration of the inclusionary and first time homebuyer loan programs.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin takes
the following actions:
1. Adoption.
a. These Guidelines to the Inclusionary Zoning Regulations Ordinance supersede
the existing Guidelines to the Inclusionary Zoning Ordinance Regulations,
which were adopted by the City Council on December 2, 2008 and amended
by the City Manager on December 2, 2011; and
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b. These First Time Homebuyer Loan Program Guidelines supersede the existing
First Time Homebuyer Loan Program Guidelines and Underwriting Guidelines,
which were adopted by the City Council on March 1, 2011.
2. Effective Date. This resolution shall take effect immediately.
PASSED, APPROVED AND ADOPTED this 2nd day of September, 2014, by the
following vote:
AYES: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti
NOES: None
ABSENT: None
ABSTAIN: None
Mayor
ATTEST:
6,4z, tryzt,
City Clerk
Reso No. 152-14,Adopted 9-2-14, Item 8.1 Page 2 of 2