Laserfiche WebLink
POTENTIAL DOWNTOWN AFFORDABLE <br />HOUSING REQUIREMENTS <br /> 15% AFFORDABLE GOAL <br /> <br />•Council Endorsed Goal - 2015 <br /> <br />•Downtown Housing Cap = <br />2,500 Units <br />•Proposed 15% Affordable <br />Units = 375 Units <br />•Net market rate Units = 2,125 <br />Units <br />•Market Rate Units Entitled = <br />1,925 Units <br />•Remaining Market Rate <br />Available = 200 units <br /> <br /> 20% AFFORDABLE GOAL <br /> <br />•Planning Commission <br />Recommendation <br />•Downtown Housing Cap = <br />2,500 Units <br />•Proposed 20% Affordable <br />Units = 500 units <br />•Net Market Rate Units = 2,000 <br />Units <br />•Less Entitled Market Units = <br />1,925 Units <br />•Remaining Market Rate <br />Available = 75 Units <br />5