PC 2006-56 - Laserfiche WebLink

B. Commercial, Office, and Industrial (COI) Development In lieu of paying the Lower Income Fee as set forth in City Ordinance No. 1488, COI development may provide affordable housing consistent with this Ordinance. As a result, new COI developments are strongly encouraged to submit an Affordable Housing Proposal as set forth in Section 17.44.100 of this ordinance. Upon submittal of the Affordable Housing Proposal, City staff will meet with the developer to discuss the potential for providing incentives to encourage on -site construction of affordable housing units and alternatives to constructing affordable units as set forth in this ordinance. In the event a developer requests incentives or alternatives as a means of providing affordable housing in connection with a COI development, the Affordable Housing Proposal will be reviewed as set forth in Section 17.44.100 of this Ordinance. COI development not pursuing the inclusion of affordable housing shall be subject to the Lower Income Fees as set forth in City Ordinance No. 1488. Section 17.44.050. Inclusionary Unit Provisions and Specifications A. Inclusionary Units shall be dispersed throughout the project unless otherwise approved by the City. B. Inclusionary Units shall be constructed with identical exterior materials and an exterior architectural design that is consistent with the market rate units in the project. C. Inclusionary Units tnay be of smaller size than the market units in the project. In addition, Inclusionary Units may have fewer interior amenities than the market rate units in the project. However, the City may require that the Inclusionary Units meet certain minimum standards. These standards shall be set forth in the Affordable Housing Agreement for the project. D. Inclusionary Units shall remain affordable in perpetuity through recordation of an Affordable Housing Agreement as described in Section 17.44.060 of this Chapter. E. All Inclusionary Units in a project shall be constructed concurrently within or prior to the construction of the project's market rate units. F. For purposes of calculating the Affordable Rent or Affordable Sales Price of an Inclusionary Unit, the following household size assumptions shall be used for each applicable dwelling Unit Type: Unit Slag Studio Unit One Bedroom Unit Two Bedroom Unit Three Bedroom Unit Four or more Bedroom Unit HUD Income Category By Household Size One Person Two Persons Three Persons Fotw Persons Five or more Persons