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Council, RDC debate permanent-affordability options for Hopewell South amid concerns about administration and financing
Summary
Council members and redevelopment commissioners debated whether to require 25%–50% permanently affordable units in the Hopewell South PUD and which tools (silent second mortgages, right of first refusal, deed restrictions, CLTs) would work long term. Staff urged flexibility until final cost modeling is complete.
Affordable housing mechanisms and permanent affordability were central to the joint session’s later discussion. Sponsors and RDC members discussed both percentage targets and the legal/administrative tools the city could use to maintain affordability over time.
Staff said the administration has discussed a 25% permanently affordable target that would align with upcoming UDO standards; some council members pushed for a larger permanent share and for clearer limits…
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