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Home , Bob Blumenfield, Gil Cedillo, Monica Rodriguez, Paul Krekorian

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Los Angeles/Ventura Chapter

EXECUTIVE COMMITTEE September 9, 2020

Dave Little, Pardee Homes. President Councilman Neils Cotter, Carmel Partners Vice President Housing Committee Derek Fraychineaud, CIM Group Los Angeles City Hall Vice President 200 N Spring St, Room 1010 Kevin Harbison, New Urban West Vice President Los Angeles, CA 90012

Larry Hoffman, Fassberg Contracting Corporation Vice President Re: BIA-LAV Letter - Affordable Housing Units / Tying Incentives John Hrovat, Equity Residential Vice President (Council File: 19-0722) - COMMENT LETTER

Greg McWilliams, FivePoint Vice President Dear Chair Cedillo, Monica Mejia, LINC Housing Vice President Jeremy Parness, Lennar The Los Angeles/Ventura Chapter of the Building Industry Association of Vice President Southern , Inc. (BIA-LAV), is a non-profit trade association Frank Su, Toll Brothers Vice President focused on building housing for all. On behalf of our membership, which

Henrik Nazarian, D & D Engineering, Inc. includes both affordable and market-rate housing builders, we would like Secretary, Treasurer to express our comments on the Affordable Housing Units / Tying Derek Leavitt, Modative, Inc. Immediate Past-President Incentives Motion before the Housing Committee, today.

BOARD OF DIRECTORS

Tyler Bargiel, Wells Fargo Over the last few weeks, as expressed in previous comments on other Rocco Cordola, Gothic Landscape housing motions, we are encouraged to see that the Council is taking Lauren Cross, City Ventures Donna Deutchman, Homes 4 Families action to address the immense housing shortfall. As it relates to this George Dickerson, All Promotions Etc. motion, we are particularly glad to see the mention of incentives to Richard Dunbar, Oakridge Landscape, Inc. address a specific housing need for the City. BIA-LAV has been strong Ryan Flautz, KTGY Architecture & Planning, Inc. Mike Frasco, Bio Clean Environmental Services proponents for the inclusion of incentives when applied to housing Amy Freilich, Armbruster Goldsmith & Delvac LLP production policies; it's a critical component for a strategy to remain David Grunwald, National CORE Peter Gutierrez, Latham & Watkins financially feasible. Andy Henderson, The Henderson Law Firm Marc Huffman, Brookfield Residential Krysti Irving, Landscape Development, Inc. However, in order for incentives to be viable they must be meaningful. Karl Mallick, David Evans & Associates, Offering concessions that already exist or can already be applied is not Bill McReynolds, Warmington Group going to result as a usable tool to address the City's housing goals. Greg Medeiros, Tejon Ranch Company Brian Murtaugh, Loan Depot Examples of expanded or new incentives include but are not limited to, a John Musella, The Musella Group more clear or faster entitlement path, new increases in density, a new, Scott Ouellette, Williams Homes Erik Pfahler, Borstein Enterprises guaranteed expedited plan check, waived impact fees, etc. New incentive Harriet Rapista, Comstock Homes programs or added incentives to existing programs should be reviewed Darrell Simien, Habitat for Humanity of Greater LA Alyssa Trebil, DuctTesters, Inc. by the Housing Authority of the City of Los Angeles (HACLA), the Los Brett Trebil, Watt Communities Angeles Housing and Community Investment Department (HCID), and Christine Villegas, Chelsea Investment Corp City Planning when they research and provide the report that is requested Rick White, Larrabure Framing as a part of this motion.

www.bialav.org "The Voice of Building and Development" Los Angeles/Ventura Chapter

In refrence to the funding component of the motion (as expressed in previous correspondence), it is imperative that a funding solution work in tandem with all other housing efforts and does not negatively impact current or future home building. We are glad to see that there is an emphasis to leverage the use of existing funding at both the State and local level. We would discourage any increase in current fees. Supporting this sentiment is an example from UC Berkeley's Terner Center Report. The study found that these local fees have significant implications for the overall price and delivery of new housing in California. This was also echoed in the reporting done by the Los Angeles Times on the high costs of affordable housing construction.

BIA-LAV and its members are ardent supporters of all housing types and diverse housing solutions. We are one hundred percent behind the need to review efforts being made to construct more units, as reflected in the motion and we hope this is included in the report. We ask that City staff review our suggestions and the publications referenced and linked in this letter as they prepare the report initiated by this Motion. We would like to partner with the City in an active stakeholder role and provide our organization as a resource.

BIA-LAV looks forward to working with the Council and City staff on this Motion. Should you have any questions, please contact BIA-LAV Vice President, Diana Coronado, at [email protected].

Sincerely,

Diana Victoria Coronado Vice President BIA-Los Angeles/Ventura

CC: The Honorable , Mayor The Honorable , Council President The Honorable , Councilmember, Housing Committee Vice Chair The Honorable , Councilmember The Honorable , Councilmember The Honorable , Councilmember The Honorable , Councilmember The Honorable Marqueece Harris-Dawson, Councilmember, Housing Committee Member The Honorable , Councilmember The Honorable Herb Wesson, Council President The Honorable , Councilmember The Honorable John Lee, Councilmember The Honorable Mitch O'Farrell, Councilmember The Honorable Jose Huizar, Councilmember

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Los Angeles/Ventura Chapter

The Honorable , Councilmember Holly L. Wolcott, Los Angeles City Clerk Keyonna Kidd, Legislative Assistant Eric Villanueva, Alternate Legislative Assistant

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