Laserfiche WebLink
ATTY/ORD/2018/ORD.469/ADOPTING ARTICLE 29 & AMENDING SECTION 32.19 <br />REV: 05-15-18 PR <br />Page 9 of 28 <br />8. Provision of Affordable Housing. A residential or nonresidential development project may mitigate its impact on the need for affordable housing by providing affordable housing units instead of paying the impact fee, so long as the affordable units are provided in accordance with an affordable housing plan (Section 29.7) and meet all of the standards in Section 29.6 and 29.8.A of this Article. 9. Other uses that may be specified by resolution of the City Council. <br />29.6 Standards for Affordable Housing A. Quality of Construction and Number of Bedrooms. All affordable units required by this Article shall be comparable to the overall quality of construction to market-rate units in the same housing development as follows: 1. The exterior appearance of the affordable units shall be compatible with that of market-rate units. 2. Interior finishes and amenities may not differ from those provided in the base model market rate units. 3. The number of bedrooms in the affordable units shall be comparable to the average number of bedrooms in the market-rate units, include comparable square feet by unit size and the affordable units shall be reasonably dispersed within the residential development, with unit locations comparable to those of the market-rate units, subject to review and approval by the community development director. 4. The affordable units shall have access to the same amenities as the market rate units included within the affordable ownership cost or affordable rent for the affordable unit. For example, residents of the affordable units shall not be excluded from common open space, parking, storage, and other community facilities or amenities in the residential development project, nor shall households residing in affordable units be charged more than an affordable rent or an affordable ownership cost as defined in Section 29.2 (Definitions) for the use of such facilities and amenities. B. Availability for Occupancy. Affordable units required by this Article shall be made available for occupancy concurrently with the market-rate units. For the purposes of this subsection, "concurrently" means that the City may not issue building permits for more than 50 percent of the market-rate units until it has issued building permits for all of the affordable units, and the City may not approve any final inspections or certificates of occupancy for more than 50 percent of the market-rate units until it has issued final inspections or certificates of occupancy for all of the affordable units. C. Duration of Affordability. Affordable units for sale produced as required by this Article shall be legally restricted to occupancy by households of the income levels for which the units were designated at an affordable ownership cost for a period of at least 30 years. Affordable units for rent produced as required by this Article shall be legally restricted to occupancy by households of the income levels for which the units were designated at an affordable rent for a period of at least 55 years. The legal restrictions requiring affordable units shall be recorded against the applicable property in the form specified in Section 29.7.F. D. Eligibility. No household may occupy an affordable unit until the Community Development Director or designee has approved a Below Market Rate Tenant Selection and Management <br />7.A. - Page 24