Ord2018 1130-375 - Laserfiche WebLink

Browse Search

B. Alternatives Available to Projects Requiring On -Site Construction of Affordable Units. 1. Payment of an In -Lieu Fee. The City may accept payment of an in -lieu fee in place of construction of on-site units if all of the following findings can be made: a. The City determines that the in -lieu fee is adequate to cover the cost of providing at least an equivalent number of affordable units as would otherwise be required under this Article based upon an affordability gap analysis provided by the applicant. b. The average unit size in the project seeking to pay an in -lieu fee is 2,000 square feet or 4 bedrooms. 2. Any applicable in -lieu fees will be collected by the City prior to the issuance of the first building permit for the development. The fees shall be calculated based on the fee schedule in effect at the time the building permit is issued. 3. Unit Size. In projects where the market rate units all exceed 2,000 square feet, the size of the affordable units may be up to 20% smaller than the Market Rate Units. C. Approval of Off -Site Affordable Units. If a developer proposes off-site affordable units or any other alternative in the affordable housing plan required under Section 29.6 (Standards for Affordable Housing), the review authority may approve such a proposal if it finds the proposal meets all of the following conditions: 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 cause residential segregation. D. Other Alternatives. The City may consider an alternative mitigation program proposed by the developer and the Community Development Director, such as the provision of off-site affordable units, donation of land for the construction of affordable units, purchase of existing units for conversion to affordable units or alternatives to the Standards for Affordable Housing. E. Agreement with City for Financing. If the City enters into a financing agreement with the applicant, the parties may agree to alter the requirements of Section 29.6 (Standards for Affordable Housing). F. Significant Number of Affordable Units. If an applicant exceeds the maximum percentage of affordable units set forth in the sState dDensity bBonus law for low or very low income rental or moderate income ownership units, the City will consider an applicant's request to alter the requirements of Section 29.6 (Standards for Affordable Housing) in conjunction with its review of the planning application for the project and may reject or accept the request in its sole discretion. 29.9 Waiver of Requirements A. Timing of Request. A developer may apply for a reduction, adjustment, or waiver of the requirements of this Article as part of an application for the first approval of a planning or building permit for a residential development project. ATTY/ORD.469/ADOPTING ARTICLE 29 AND AMENDING SECTION 32.19 ORD 1130-375 REV: 06-15-18 PR MUFF NO. 301 Page 12 of 20