Mixed Income Housing Development Bonus Program
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- Latest action
· City Council
Result: Approved As Amended
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Activity Timeline
January 2026
Public hearing to adopt an updated Economic Development Incentive Policy that adds federal alignment language for the new DRIVE (Developing Regional and Inclusive Vendor Enterprises) program, creates a three-quarters City Council supermajority requirement for non-conforming incentive projects, clarifies administrative responsibility for Proposition H bond funds and the Mixed Income Housing Development Bonus Program, and incorporates general clean-up revisions; no cost to the city.
…of the 2024 City’s General Obligation Bond Program and funding from the City’s Mixed Income Housing Development Bonus Program; and (4) general clean-up revisions and minor/technical corrections - Financing…