Title
Residences at 1300 Bristol Street Affordable Housing Implementation Plan Amendment (PA2024-0039)
Site Location: 1300 North Bristol Street
Recommendation
Project Summary
Picerne Group requests an amendment of an Affordable Housing Implementation Plan (AHIP) that is a part of the approved Residences at 1300 Bristol Street Project. The existing AHIP requires the provision of 24 residential units (30%) of the 77 base units be set aside for affordable housing, of which 12 units (15%) would be set aside for low-income households and 12 units (15%) for very-low-income households. The proposed amendment would reduce the total number of residential units set aside for affordable housing from 24 units (30%) to 12 units (15%). All 12 affordable housing units would be set aside for very-low-income households.
Recommended Action
1. Conduct a public hearing;
2. Find all significant environmental concerns for the AHIP Amendment have been addressed in a previously adopted CEQA Addendum No. 5 (ER2022-001) to the 2006 General Plan Update Program Environmental Impact Report and the 2008-2014 City of Newport Beach Housing Element Update Initial Study/Negative Declaration for the Residences at 1300 Bristol Street Project; and
3. Adopt Draft Zoning Administrator Resolution No. _ approving Affordable Housing Implementation Plan Amendment filed as PA2024-0039 (Attachment No. ZA 1).