Atascadero the place for below-market homes
Friday, August 17th, 2007Atascadero is among the most aggressive communities in the state in providing affordable housing for its residents, according to a study released this week.
The California Coalition for Rural Housing said the North County community was one of eight cities where at least 10 percent of its available housing was offered at below-market rates, and where 50 or more affordable units were built in the past seven years.
It was the only Central Coast city to make the list.
Housing advocates consistently describe Atascadero’s inclusionary housing policy — which the coalition says has led to the approval of 224 affordable dwellings since it was enacted in 2003—as the most aggressive in San Luis Obispo County. The mandate requires
builders of projects with 11 or more units to devote one-fifth of their housing stock to low-to moderate-income residents.
The coalition released its findings Wednesday in a detailed study. In it, researchers analyzed how many homes were approved under inclusionary housing policies between 1999 and 2006, Executive Director Rob Wiener said.
Of the eight communities the group recognized, five were in the Bay Area, where sky-high housing costs have long been an issue, and only one was in Southern California. Davis was the only Central California community.
The statewide recognition affirmed Atascadero’s commitment to providing reasonably priced housing for the middle-class workers who live there, said Community Services Director Warren Frace.
The council “had a lot of foresight to make sure we included affordable housing,” he said. “… We were on the cutting edge when people weren’t really talking about it.”
Atascadero’s policy was the driving force behind almost three dozen affordable homes set aside in two high-profile developments.
At Dove Creek, developer Centex Homes reserved 20 townhouses for “very low income” families, those earning about $31,000 for four people. The developer sold the 1,431- square-foot condominiums for $87,248, less than one-fourth the price at which it plans to sell the remaining 117 townhomes.
Midland Pacific Homes, meanwhile, has set aside 14 homes in the Colony at Apple Valley for families earning $74,050 per year or less.
But some builders have criticized inclusionary housing programs similar to Atascadero’s, saying they help create higher costs for those who do not qualify.
Jerry Bunin, government affairs director for the Home Builders Association of the Central Coast, said inclusionary housing policies were among many factors that drive developers away from the region.
The policies, he said, slow down the approval process, making the cost to build even higher.
“From our point of view, there are no more inclusionary ordinances here than elsewhere,” he said, “but it all adds up to making housing hard to produce and expensive.”
For home buyers, San Luis Obispo County has some of the most expensive properties in the nation. The median price of a home in the county last month — new, resale and condominiums— was $530,000.
Atascadero and four other San Luis Obispo County cities — Arroyo Grande, Morro Bay, Pismo Beach and San Luis Obispo—have inclusionary housing policies, according to a database assembled by the rural housing coalition.
The county Board of Supervisors is expected to decide whether to enact a similar ordinance for unincorporated regions this fall.
Wiener said the county would be wise to emulate Atascadero’s policy.
“Atascadero is ahead of the game, but it’s not impossible that you’ll see it in the county,” he said. “It’s a county that’s certainly ripe for this kind of policy.”
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