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12/07/2015 <br /> consideration for a direct financial contribution from the City or a form of assistance <br /> specified in the State's Density Bonus Law (Chapter 4.3, commencing with Section <br /> 65915, of Division 1 of Title 7 of the Government Code). The developer may request that <br /> the City waive the affordable housing impact fee as a direct financial contribution to the <br /> rental residential development project. <br /> B. If the developer seeks an alternative to the payment of the housing impact <br /> fee pursuant to subsection A of this Section, then the application for the first approval of <br /> a residential or nonresidential development project for which the alternative is sought shall <br /> include an "affordable housing plan" that describes how the alternative will comply with <br /> the provisions of this Article. No affordable housing plan is required if the developer <br /> proposes only to pay the housing impact fee. <br /> 1. Residential or nonresidential development projects requesting an <br /> alternative to payment of the housing impact fee require that an affordable housing plan <br /> be submitted in conformance with this Article prior to the application being deemed <br /> complete. <br /> 2. The affordable housing plan shall be processed concurrently with all <br /> other permits required for the residential or nonresidential development project. Before <br /> approving the affordable housing plan, the decision-making body shall find that the <br /> affordable housing plan conforms to this Article. A condition shall be attached to the first <br /> approval of any residential or nonresidential development project to require recordation <br /> of an affordable housing agreement, as described in this subsection, prior to the approval <br /> of any final or parcel map or building permit for the residential or nonresidential <br /> development project. <br /> 3. The approved affordable housing plan may be amended prior to <br /> issuance of any building permit for the residential or nonresidential development project. <br /> A request for a minor modification of an approved affordable housing plan may be granted <br /> by the community development director if the modification is substantially in compliance <br /> with the original affordable housing plan and conditions of approval. Other modifications <br /> to the affordable housing plan shall be processed in the same manner as the original <br /> plan. <br /> 4. If required to ensure compliance with the approved affordable <br /> housing plan, affordable housing agreements acceptable to the community development <br /> director or designee shall be recorded against the residential or nonresidential <br /> development project prior to approval of any final or parcel map, or issuance of any <br /> building permit, whichever occurs first. The affordable housing agreement shall specify <br /> the number, type, location, size, and phasing of all affordable units, provisions for income <br /> certification and screening of potential purchasers or renters of units, and resale control <br /> mechanisms, including the financing of ongoing administrative and monitoring costs, <br /> consistent with the approved affordable housing plan, as determined by the city manager <br /> or designee. <br /> ATTY/ORD.418/AFFORDABLE HOUSING IMPACT FEE ORD.#2417 <br /> REV:10-22-15 VR FORMERLY MUFF#100 <br /> Page 7 of il <br />