§ 54-2. Affordable housing impact statements.

(a)

Definitions. The following words, terms and phrases, when used in this section, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

(1)

Affordable housing impact statement means a statement, attached to proposed housing stock impact legislation, that estimates and describes the impact the legislation would have, if enacted, on the affordable housing stock of the City of Atlanta.

(2)

Housing stock impact legislation means any and all legislation-including ordinances and resolutions constituting housing policy that come before any committee of the Atlanta City Council that, if enacted, are estimated to have an impact on the affordable housing stock of the City of Atlanta: Land Use Elements to the City's Comprehensive Development Plan; acceptance of public and private grants including local, federal and state funding for the construction and/or rehabilitation of affordable housing units; abandoned and blighted property legislation; changes to building permit fees; millage rate increases for blighted properties; and changes to demolition policies.

(b)

Once any resolution or ordinance that meets the definition of housing stock impact legislation receives a first reading in the Atlanta City Council or one of its committees, the Office of Housing and Community Development shall, within ten business days, produce an affordable housing impact statement.

(c)

All affordable housing impact statements, once they are completed by the office of housing and community development, shall be attached to the respective legislative items to which they pertain, prior to final action being taken on legislation, such that when any stakeholder requests the legislative item from the municipal clerk, or accesses the final action legislative item electronically via the internet, the affordable housing impact statement shall be attached.

(d)

Affordable housing impact statements shall include a quantitative, or numeric section, that shall provide numeric estimates of impacts, quantifying numbers of units impacted at certain levels of affordability over the 30-year period following the enactment of the legislation; and a narrative section to provide an explanation of the analyses that led to the estimates. Where the estimates are derived from existing grant applications or the basis of those estimates are otherwise straightforward, the narrative section shall state as such. Where the proposals being considered require the office of housing and community development to draw upon their experience and expertise to come up with a projected impact, the narrative section shall specify what assumptions were used in creating the estimates. If there is insufficient information such as to preclude any meaningful estimate from being made, the narrative section shall state as such.

(e)

The quantitative, or numeric section, shall take the following form, where the office of housing and community development shall fill in the blanks with appropriate estimates:

This legislation, if enacted, is estimated to have a projected impact upon the affordable housing stock of the City of Atlanta over the 30 year period following the enactment of the legislation by:

Adding _____, preserving _____, or decreasing _____ units affordable at 30 percent or below of the Area Median Income (AMI); and

Adding _____, preserving _____, or decreasing _____ units affordable between 30.01 and 50 percent of AMI; and

Adding _____, preserving _____, or decreasing _____ units affordable between 50.01 and 80 percent of AMI; and

Adding _____, preserving _____, or decreasing _____ units affordable above 80 percent of AMI.

(f)

The city's office of the municipal clerk shall maintain a stand-alone binder or set of binders containing all affordable housing impact statements and annual reports prepared pursuant to this section.

(g)

The office of housing and community development shall prepare an annual report to the community development/human services committee. The report shall provide the total cumulative estimated quantitative impact on the city's affordable housing stock of all public policy decisions of the City of Atlanta for the previous year for which affordable housing impact statements have been created, that will include: the total numbers of units that were added, subtracted, or preserved at each income bracket as specified in the affordable housing impact statements, across all affordable housing impact statements. The office of housing and community development shall identify any duplicative impacts for which the same impact was covered by more than one item of legislation. This report shall also identify any housing policies enacted over the previous year that will have an enabling effect on the creation of affordable housing but for which an affordable housing impact statement was not created. This report shall also provide additional findings regarding any housing units funded in whole or in part by public grant dollars, for which affordable housing impact statements have been prepared, within the 30 year period preceding the annual report: specifically, the report shall specify whether the units still exist, whether they are occupied, and whether the cost for those units is consistent with the affordability price points identified in the original grant application. If the required affordability period for specific units is less than 30 years, the annual report shall state as such.

(h)

The office of housing shall provide a yearly report to the community development/human resources committee on any housing units funded in whole or in part by public grant dollars, for which affordable housing impact statements have been prepared, within the 30 year period preceding the annual report. The report shall specify whether the units still exist, whether they are occupied, and whether the cost for those units is consistent with the affordability price points identified in the original grant application. If the required affordability period for specific units is less than 30 years, the annual report shall state as such.

( Ord. No. 2015-57(14-O-1614), § 1, 11-25-15, eff. 7-1-16 ; Ord. No. 2018-02(18-O-1026), §§ 1—7, 2-14-18 )