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ATTY/ORD/2018/ORD.469/ADOPTING ARTICLE 29 & AMENDING SECTION 32.19 <br />REV: 05-15-18 PR <br />Page 26 of 28 <br /> 1. Financing or a viable financing plan, which may include public funding sources, is in place for the proposed affordable housing units; and 2. The proposed location is suitable for the proposed affordable housing, is consistent with the Housing Element, general plan, and zoning, and will not tend to cause residential segregation. (Ord. No. 2417, § 2, 12-7-15) Sec. 18.272. - STANDARDS FOR DEVELOPMENT OF AFFORDABLE HOUSING: [DELETE AND RESERVE} A. All affordable units provided pursuant to Section 18.271 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 b e comparable to the average number of bedrooms in the market-rate units, 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 the same amenities as the market rate units, including the same access to and enjoyment of common open space, parking, storage, and other facilities in the residential development, provided at an affordable rent as defined in Section 18.267 or at affordable ownership cost as defined in Section 18.267. B. All affordable units provided pursuant to Section 18.271 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 fifty percent (50%) 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 fifty percent (50%) of the market-rate units until it has issued final inspections or certificates of occupancy for all of the affordable units. C. All affordable units provided pursuant to Section 18.271 shall be subject to a resale restriction, deed of trust, and/or regulatory agreement recorded against the property for execution by the city manager, in a form approved by the city attorney, to ensure the continued affordability of the affordable units. 1. All affordable units shall remain affordable to the targeted income group for thirty (30) to fifty-five (55) years. 2. Any household that occupies an affordable unit must occupy that unit as its principal residence, unless otherwise approved in writing for rental to a third party for a limited period of time due to household hardship, as determined by the City. 3. No household may begin occupancy of an affordable unit until the household has been determined to be eligible to occupy that unit by the community development director or designee. The community development director may from time to time adopt guidelines for determining household income and affordable housing cost, determining buyer eligibility, monitoring, and relevant administrative provisions. 4. Officials, employees, or consultants of the City and members of City boards and commissions shall comply with all applicable laws, regulations, and policies relating to conflicts of interest as to their eligibility to develop, construct, sell, rent, lease, occupy, or purchase an affordable unit. (Ord. No. 2417, § 2, 12-7-15) <br />7.A. - Page 41