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Ordinance No. /996; <br /> Page 3 <br /> Initial Suballocations Year <br /> Categories of projects 2001 2009 Build Out <br /> 2008 <br /> Major projects (units) 200 <br /> First -come, first -served <br /> projects (units) 100 <br /> Affordable housing projects <br /> (units) 400 50 <br /> Yearly limit (units) 350 <br /> b. The city council may adjust the suballocation of units among the "major <br /> project" and "first -come, first -served project" categories to reflect actual or <br /> projected activity among these two categories. Such a reallocation may be made <br /> by the council at the annual review or a periodic review of the growth <br /> management program as described in Section 17.36.050 of this chapter. <br /> 17.36.080 Approval procedures <br /> The procedures which are prerequisites for obtaining a building permit are set forth in this <br /> section for each category of project. <br /> A. Affordable Housing Project. A qualifying project developer must first receive a specific <br /> allocation for the number of units and years in which the units shall be built from the affordable <br /> housing project suballocation established in Section 17.36.070(B)(1) of this chapter. <br /> 1. Availability of Building Permits to Affordable Projects. <br /> a. Initial Suballocation and Carry-Over. The affordable housing project <br /> suballocation shall be initially available in the year it first appears. If not used, or <br /> partially used, the unused units shall be added to the following year's affordable <br /> housing suballocation, and all unused units shall continue to carry over to <br /> succeeding years in the event they are not fully used. <br /> b. Use of Future Years' Suballocations. In addition to utilizing the existing year's <br /> suballocation (including any units carried over from prior years), a qualifying <br /> project developer may use up to four succeeding years' suballocations as <br /> described below. <br /> (1) The yearly units allowed to be built in an affordable housing project, <br /> when added to the units in all other projects, may exceed the annual <br /> maximum limitation established in Section 17.36.060(A) of this chapter. <br /> (2) The use of up to four succeeding years' suballocations shall be <br /> allowed only if there are units available in the affordable housing <br /> suballocation for the initial year for which the approval is sought. The <br /> initial year for the affordable housing suballocation, pursuant to Section <br /> 17.36.070(B)(1) of this chapter, is 2001. No new affordable housing <br /> project shall be approved for any year which has had that year's annual <br />