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HomeMy WebLinkAboutStaff Report 2503-43927 3 5 6 Climate Action and Sustainability Committee Staff Report Report Type: ACTION ITEMS Lead Department: Public Works Meeting Date: March 21, 2025 Report #:2503-4392 TITLE Recommendation to Council to Direct Staff to Develop an Affordable Multi-Family Housing Electrification Grant Program and to Approve a Budget Amendment in the Gas Utility Funds; CEQA Status: Under CEQA Guidelines section 15183, projects consistent with an existing general or comprehensive plan do not require additional CEQA review RECOMMENDATION Staff recommends that the Climate Action and Sustainability Committee recommend that the City Council: 1. Direct staff to develop a program to provide grants to replace existing affordable multi- family housing central and in-unit gas equipment with electric-only equipment; 2. Authorize staff to use up to $6.6 million in Gas Utility Cap and Trade Revenues for the program, and; 3. Amend the FY 2025 Budget Appropriation (requires a 2/3 vote) by: a. For the Gas Utility Funds: i. Increase Gas Resource Management Operating Expenses for Contract Services by $6.6 million; and ii. Decrease the Cap and Trade Reserve by $6.6 million EXECUTIVE SUMMARY Staff is recommending the Climate Action and Sustainability Committee recommend that Council adopt a $6.6 million affordable housing electrification retrofit grant program funded by Gas Cap and Trade revenues and reserves to help local affordable housing providers take advantage of State (and Federal if available) incentive programs. The program would have capacity to electrify systems serving up to 500 units and save 800 to 1,000 metric tons of carbon-dioxide equivalent (MT CO2-e) per year. The program fulfills 2023-2025 Sustainability and Climate Action Plan (S/CAP) Work Plan items 2.1(I) and 2.1(K) focused on affordable housing pilots and is consistent with the Council’s Climate Action and Housing priorities. 7 3 5 6 BACKGROUND 1, 299 below market rate (BMR) rental units in market-rate rental complexes, and 265 BMR ownership units in 48 market-rate condo developments. 2023-2025 S/CAP Work Plan work items 2.1(I) (Affordable Housing EV Charging and Electrification Pilot) and 2.1(K) (Multi-family and Affordable Housing Electrification and EV Charger Access Strategy Development) both focus on piloting scalable strategies for electrifying these units and providing EV charging. In addition, work item 4.A (Multi-Family and Commercial End Use Study) focuses on doing studies to identify opportunities for electrifying equipment in multi-family buildings. ANALYSIS 1 23 managed by Alta Housing, three by Front Porch, two by Eden, two by MidPen Housing, two by Abode, one by Bridge Housing, as well as Stevenson House, Terman Apartments, the Moldaw Residences, and the HomeKey transitional housing project still under development. 7 3 5 6 Alternatives Table 1: Summary of Program Design Alternatives Alternative Benefit Tradeoff Budget Begin with smaller $4M budget, expand if needed Allows Council greater control over spending Requires additional time to expand program budget if additional funds are needed.$4 million Limit program to central equipment only Reduces the budget needed In-unit equipment will be costly and challenging to electrify. Not including it reduces opportunity to learn how to electrify it and will mean later pilots are more costly. $2.5 million Require a provider contribution so the City covers the incremental cost for electrification only. Reduces the budget needed Some providers may not move forward with projects due to insufficient capital. This risk could be mitigated by creating a loan program or a process for providers to apply for additional Council-approved grants. $4.7 million (plus $1.9 million if loan program were included) FISCAL/RESOURCE IMPACT •Energy efficiency, including energy efficiency equipment rebates, building retrofits and other projects that reduce energy demand; •GHG emissions reducing activities, which include projects to reduce gas leaks that are not mandated by federal, state or local health and safety requirements; •Non-volumetric return to some or all ratepayers in the form of a climate credit; •Administrative and outreach costs and educational programs. 7 3 5 6 The Council adopted a policy on the use of Gas Cap and Trade Revenue on January 26, 2015 (Resolution 5397) and updated it October 3, 2022 (Resolution 10077),2 which stated that: The following uses of the City’s auction proceeds from the sale of Allocated Allowances are permitted, with a preference that greenhouse gas reduction measures be pursued before providing rebates: a.Investment in energy efficiency programs for the natural gas portfolio and retail customers; b.Purchases or investment in cost effective renewable bio-gas resources for the gas portfolio; c.Fuel switching from natural gas to electricity that reduces greenhouse gas emissions; d.Investment in other carbon reduction activities for the natural gas utility, including system maintenance or replacement to reduce fugitive gas emissions; e.Rebates to natural gas retail ratepayers. Rebates, if provided, must be allocated on a non- volumetric basis as stated in Title 17 CCR Section 95893 (d)(3). STAKEHOLDER ENGAGEMENT Affordable housing electrification has been discussed extensively as part of the stakeholder engagement for the S/CAP as a whole, and during adoption of the 2023-2025 S/CAP Work Plan, but this program has not received any stakeholder engagement due to the rapid turnaround needed to avoid missing out on access to State and Federal incentives. In developing this program staff consulted with various affordable housing providers to understand their needs and relied on studies performed by Willdan of various properties. ENVIRONMENTAL REVIEW Potential environmental impacts of residential electrification were analyzed as part of the Sustainability and Climate Action Plan (S/CAP) Addendum to the Comprehensive Plan Environmental Impact Report. On June 5, 2023 (Staff Report #2303-1158) Council certified the Addendum, which found that the S/CAP programs would not result in any significant or substantially more severe effects beyond what was previously analyzed in the Comprehensive Plan EIR. Under CEQA Guidelines section 15183, projects consistent with an existing general or comprehensive plan do not require additional CEQA review. APPROVED BY: Brad Eggleston, Director of Public Works 2 https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=61567