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22206 920 Shasta <br />Affordable Housing Plan and Density Bonus Request <br />November 5, 2024 <br />ATTY/AGR/2025.084/920 SHASTA AFFORDABLE HOUSING LAND DONATION AGREEMENT <br />REV: 10-16-25 VR <br />Exhibit B-1 - 9 <br />- <br />-site units: <br />Finding 1. <br />available for concurrent occupancy per Section 29.6B. <br />in Section 29.6. Section 29.6A requires the quality of construction and number of bedrooms <br />t. Since the <br />inapplicable. <br />Section 29.6C requires at least a 55- <br />commit to be legally restricted to occupancy for restricted incomes for at least 55 years. <br />Development Director or designee has approved a Below Market Rate Tenant Selection <br />ct. <br />The Applicant would submit a Below Market Rate Tenant Selection and Management Plan <br />Project. <br />approved in writing for rental to a third party for a limited period of time. The Project <br />would comply with this requirement and would be amenable to City imposition of a <br />condition of approval requiring principal residency for tenants. <br />Section 29.6F requires the affordable project to comply with Local Preference, so long as <br />it complies with Fair Housing law and is allowed by the secured public funding sources, <br />the Developer will comply with this requirement. <br />Finding 2. The units will mitigate the impact of the project on the need for <br />Fee program. <br />- <br />Section 29.7.D Compliance <br />- <br />found in City Code Section 29.7C, and that the Project meets all of the following <br />conditions: