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ATTY/ORD.0007/CC ORD TEMPORARILY AMENDING ZONING CODE (AFFORDABLE HOUSING INCENTIVE PROGRAM) <br />REV: 08-27-25 VR <br />Page 5 of 6 <br />3. Fractional Units. In calculating the number of affordable units <br />required, any fraction of a whole number shall be satisfied by either <br />developing one (1) additional affordable unit or by paying an affordable <br />housing in-lieu fee. <br /> <br />D. Affordable Housing Fee. If an applicant of a Pipeline Project is subject to <br />the payment of affordable housing impact fees under Redwood City Zoning Code <br />Section 29.5, the applicant may request that the housing development be subject <br />to the following temporarily reduced fees rather than the fees established by <br />Resolution 16014 of the City Council (with the temporarily reduced rates indicated <br />in bold below): <br /> <br />1. The base of the housing impact fee per square foot of net new <br />residential floor area shall be at the following rates: 1) for single-family <br />detached homes, the rate shall be $18.75 per square foot of net new <br />residential floor area; 2) for townhomes, duplexes, and triplexes, the rate <br />shall be $18.75 per square foot of new residential floor area; and 3) for <br />apartments and condominiums, the rate shall be $15 per square foot of new <br />residential floor area. <br /> <br />2. The Affordable Housing Fee for eligible Pipeline Projects shall <br />remain at this rate for the duration of the Affordable Housing Incentive <br />Program, or until June 30, 2027. <br /> <br />E. Implementation. Notwithstanding any City Code provisions to the contrary, <br />in order to implement the Affordable Housing Incentive Program established by <br />this Ordinance, until June 30, 2027, the City Manager is hereby authorized to <br />review, approve, and modify, without a public hearing for discretionary review, the <br />following entitlements, if applicable: <br /> <br />1. The applicable percentage of affordable housing units required by <br />Section 29.4; <br /> <br />2. The applicable impact fee required by Section 29.5; <br /> <br />3. The number and/or affordability levels of units provided for projects <br />that elected to develop using the State Density Bonus Laws (Government <br />Code Section 65915 et sq.) and findings required by Section 32.19 related <br />to eligibility for a density bonus, concessions and/or waivers and parking <br />reductions. However, any such modification must ensure that Projects that <br />receive any State Density Bonus benefits (e.g., additional density, <br />concessions, waivers, and/or parking reductions) continue to meet the <br />minimum affordability requirements and all applicable requirements under <br />the State Density Bonus Law (Gov’t Code § 65915 et seq.) for the full <br />affordability term to maintain those benefits; <br />