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12/07/2015 <br /> benefits program, required by Housing Element Program H-14, the City will adopt fees to <br /> provide affordable housing. <br /> C. New residents of market-rate housing purchase goods and utilize services <br /> in the community, increasing local employment and attracting employees, of whom a <br /> quantifiable number will have very low, low, or moderate incomes and cannot afford <br /> market-rate housing. <br /> D. New housing construction that does not include affordable units aggravates <br /> the existing shortage of affordable housing by absorbing the supply of available <br /> residential land. <br /> E. Because nonresidential development also attracts employees, of whom a <br /> quantifiable number will have very low, low, or moderate incomes, new nonresidential <br /> developments similarly increase the demand for and exacerbate the shortage of housing <br /> available for people at these income levels while also reducing the supply of land <br /> potentially available for housing development. <br /> F. Based on the findings above, the City desires to further the public health, <br /> safety and welfare by requiring residential and nonresidential development projects in the <br /> City to mitigate their impact on the need for affordable housing in the City. <br /> Section 2. A new Article XVII (Affordable Housing Impact Fee) is hereby added <br /> to Chapter 18 of the Redwood City Municipal Code to read as follows: <br /> Chapter 18 <br /> Article XVII <br /> Affordable Housing Impact Fee <br /> Section 18.266. Short Title, Authority and Applicability <br /> Section 18.267. Purpose <br /> Section 18.268. Definitions <br /> Section 18.269. Housing Impact Fee <br /> Section 18.270. Exemptions from Payment of Housing Impact Fee <br /> Section 18.271. Alternatives to Payment of Housing Impact Fee <br /> Section 18.272. Standards for Development of Affordable Housing <br /> Section 18.273. Housing Fund <br /> Section 18.274. Administrative Relief <br /> Section 18.275. Enforcement <br /> Section 18.266. — Short Title, Authority, and Applicabilit� <br /> A. This Article shall be known and may be cited as the "Affordable Housing <br /> Ordinance." <br /> ATTY/ORD.418/AFFORDABLE HOUSING IMPACT FEE ORD.#2417 <br /> REV: 10-22-15 VR FORMERLY MUFF#100 <br /> Page 2 of 11 <br />