The purpose of the City's Affordable Housing Ordinance (Title 18, Division 1, Part 6, Chapter 18.155, of the City's Municipal Code) is to foster an adequate supply of housing for all persons at all economic levels, thereby ensuring the preservation of an economically balanced community. Please see the following links:
In response to the direction given from the Fremont City Council to update the City’s Affordable Housing Ordinance, City staff recently commissioned a Nexus Study to inform the decision-making process. The City retained the services of Keyser Marston Associates (KMA) to prepare the Nexus Study and an accompanying Financial Feasibility Study. KMA also prepared a separate Market Update Memo evaluating market trends during the COVID-19 pandemic. The draft studies, the memo, and a comparison table are available below:
The City hosted a virtual stakeholder meeting on October 29, 2020 to gather input on these documents. A public work session was also held with the City's Planning Commission on December 10, 2020.
Now, the Fremont City Council will hear a presentation on the Affordable Housing Nexus Study and the Financial Feasibility Study and will be asked to provide input on several policy questions. Please see details below: