City Ventures partners with Burbank for Cotati affordable housing project enhancements

The Cotati Planning Commission meeting on April 21, 2025, spotlighted a significant discussion on affordable housing financing and project development, with city officials emphasizing the need for a balanced approach to housing that accommodates various income levels.

City Ventures representatives outlined their proposal to include 44 affordable housing units in a new development, exceeding the state requirement of 24 units. This move aims to enhance funding opportunities and ensure the project's financial viability. "Having an affordable partner opens up a different bucket of financing," said Samantha Hazzer, head of the development division, highlighting the strategic importance of affordable housing in attracting financial support.

The conversation also touched on the legal framework surrounding the project, with officials confirming that the city must demonstrate that any waivers requested by the developer would not impose a financial burden. This legal analysis is crucial as it shapes the project's structure and compliance with state density bonus laws.

Concerns were raised about the potential segregation of affordable housing units within the development. A commissioner expressed a desire for a more integrated community, where affordable units are not isolated but rather blended with market-rate homes. The developer acknowledged this concern, stating their intention to create a cohesive community with shared amenities, including parks and commercial spaces.

The meeting concluded with a commitment to continue exploring options for integrating affordable housing more seamlessly into the overall project, ensuring that all residents, regardless of income, can feel like part of the community. As the city moves forward, the focus will remain on balancing financial feasibility with the community's needs and desires for inclusive housing solutions.