City and County of Denver - File #: 16-0625 hist

• File #: 16-0625 hist
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 8/16/2016
• In control: City Council
• On agenda: 9/19/2016
• Final action: 9/19/2016
• Title: AS AMENDED a bill for an ordinance amending Chapter 27 of the Denver Revised Municipal Code concerning housing, establishing permanent funds to support city affordable housing programs, adopting an affordable housing linkage fee applicable to new construction, and dedicating a portion of the city's existing property tax revenue capacity to the funding of affordable housing programs Approves creating dedicated funding streams from property taxes and commercial and residential linkage fees to be used for affordable housing programs. The Committee approved filing this bill at its meeting on 8-24-16. Amended 9-12-16 to disassociate the revenue from the dedicated .5 mill from the referred measure 2A of 2012. Amended 9-19-16 to provide that the prohibition will be in place for only three years rather than five, through 2020, thus reducing the time before linkage fees can be increased; to broaden the requirement to create a 3-5 year action plan for the permanent funds to instead create a co...
• Sponsors: Albus Brooks, Robin Kniech
• Related files: 16-0626.

Date	Ver.	Action By	Action	Result
10/6/2016	1	Clerk & Recorder	attestation
9/20/2016	1	Mayor	signed
9/19/2016	1	City Council	placed upon final consideration and do pass
9/19/2016	1	City Council	amended	Pass
9/19/2016	1	City Council	amended	Pass
9/19/2016	1	City Council	amended	Pass
9/19/2016	1	City Council	amended	Pass
9/19/2016	1	City Council	placed upon final consideration and do pass	Pass
9/19/2016	1	Council President	signed
9/12/2016	1	City Council	ordered published with a future courtesy public hearing	Pass
9/12/2016	1	City Council	ordered published with a future courtesy public hearing
9/12/2016	1	City Council	ordered published as amended	Pass
8/24/2016	1	Safety, Housing, Education & Homelessness Committee	approved for filing	Pass

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

Date Submitted:

Requesting Agency:
Division:

Subject Matter Expert Name:
Email Address:
Phone Number:

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
AS AMENDED a bill for an ordinance amending Chapter 27 of the Denver Revised Municipal Code concerning housing, establishing permanent funds to support city affordable housing programs, adopting an affordable housing linkage fee applicable to new construction, and dedicating a portion of the city's existing property tax revenue capacity to the funding of affordable housing programs
Approves creating dedicated funding streams from property taxes and commercial and residential linkage fees to be used for affordable housing programs. The Committee approved filing this bill at its meeting on 8-24-16. Amended 9-12-16 to disassociate the revenue from the dedicated .5 mill from the referred measure 2A of 2012. Amended 9-19-16 to provide that the prohibition will be in place for only three years rather than five, through 2020, thus reducing the time before linkage fees can be increased; to broaden the requirement to create a 3-5 year action plan for the permanent funds to instead create a comprehensive housing plan that encompasses all funds that are allocated toward housing, and requires the plan to be submitted to City Council for approval; In a detailed review of the nexus study calculations, we found a small inconsistency with the current ordinance language on the use of linkage f...