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Irvine officials set to review strategic plan amendments
The City Council will consider affordable housing, city services and financial standing.
BY Tamirra StewartPublished: January 25, 2010 10:25 AM
Irvine officials tonight will consider amendments to the city’s strategic plan in the areas of affordable housing and efficient government, and will review results from a financial stress test.
The item appears on the City Council's agenda for today's meeting, which begins at 4 p.m. with a closed session on a separate matter regarding existing litigation with the Irvine Unified School District.
First created in 1994, the strategic guideline is updated every year and is used to help the city plan for the future, achieve goals and still stay on track financially.
The city this year must update its affordable housing component after losing an appeal of an allocation set by the Southern California Association of Governments. The appeal landed in the California Supreme Court, which denied the city’s request.
The revised plan requires that 10 percent of the city’s total stock be allotted to affordable housing by the end of build-out. That equals about 9,700 homes. The city still has to provide about 5,557 affordable homes.
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The item appears on the City Council's agenda for today's meeting, which begins at 4 p.m. with a closed session on a separate matter regarding existing litigation with the Irvine Unified School District. First created in 1994, the strategic guideline is updated every year and is used to help the city plan for the future, achieve goals and still stay on track financially. The city this year must update its affordable housing component after losing an appeal of an allocation set by the Southern California Association of Governments. The appeal landed in the California Supreme Court, which denied the city’s request. The revised plan requires that 10 percent of the city’s total stock be allotted to affordable housing by the end of build-out. That equals about 9,700 homes. The city still has to provide about 5,557 affordable homes. NEXT PAGE >> Related headlines Anaheim officials set to make next move on ARTIC Partnership makes OC Motorsports shop for all things Jeep UCI's Policano: Make Detroit our new China O.C. apartment rent rates drop 6.7 percent |
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