Meeting_Body
REGULAR BOARD MEETING
JUNE 24, 2021
Preamble
Motion by:
DIRECTORS DUPONT-WALKER AND SOLIS
Related to Item 15: Joint Development Policy Update
Subject
SUBJECT: JOINT DEVELOPMENT POLICY UPDATE AMENDMENT
Heading
DUPONT-WALKER AND SOLIS AMENDMENT:
Title
We move that the Board direct the CEO to report back at the September 2021 Planning and Programming Committee on:
A. The feasibility of setting a portfolio-wide goal of 50% consistent with Metro’s joint development forecast;
B. Best practices from peer agencies for encouraging community-based development; and
C. Recommendations for strategies and incentives to support community-based development, small and medium-sized contractor participation and local hire in order to avoid favoring big businesses and to create a level playing field for all to compete.
Also include in the September report back consideration of an overall goal for the number of units produced.
The report back should include the feasibility of developing affordable housing on land acquired for major capital projects in parallel with the delivery of the projects and the feasibility of launching community land trust initiatives similar to those of the County of Los Angeles.
Lastly, the report back should also consider inclusion of project labor agreements in joint developments.