On Jan. 17, 2013, City Council passed Resolution No. 20130117-061, which began the bond development process. The resolution directed the City Manager to report back to Council information related to housing market data, comparative practices among peer cities, and outcomes of existing affordable housing regulations and policy, among other information.
City staff provided the information in briefings and memos to Mayor and Council.
- Memo and Attachment on previous affordable housing ballot language and best practices
- Council Briefing 1 on an overview of the 2012 Bond Program development process, community needs and return on investment
- Council Briefing 2 on affordable housing strategy, housing market data, policy outcomes and a proposed financial strategy
- Council Briefing 3 on short- and long-term funding strategies
Bond Development Timeline
2013 Affordable Housing Bond Election
City Council passed Ordinance No. 20130808-007B on Aug. 8, 2013, calling for a special election to be held Nov. 5, 2013 to ask voters to consider authorizing the issuance of $65 million of general obligation bonds to fund affordable housing.