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Chapter 17.44 INCLUSIONARY ZONING Page 5 of 8 <br /> in the project shall be eligible for a waiver of the lower income housing fee. For single family residential projects <br /> which meet the affordability threshold with moderate income units, or multiple family residential projects which <br /> do not meet the affordability threshold, only the inclusionary units shall be eligible for a waiver of the lower <br /> income housing fee except as otherwise approved by the city council. <br /> To assure affordability over the life of the unit, the affordable housing agreement shall be recorded with the <br /> property deed or other method approved by the city attorney. In the event an inclusionary unit is affordable by <br /> design the affordable housing agreement shall stipulate the method for assuring that the units retain their <br /> affordability as the housing market changes. <br /> The community development director may waive the requirement for an affordable housing agreement for <br /> projects approved prior to the effective hereof and /or for projects that have their affordable housing requirements <br /> included in a development agreement or other city document. (Ord. 2000 1, 2009; Ord. 1818 1, 2000) <br /> 17.44.070 Incentives to encourage on -site construction of inclusionary units. <br /> The city shall consider making available to the applicant incentives to increase the feasibility of residential <br /> projects to provide inclusionary units. Incentives or financial assistance will be offered only to the extent <br /> resources for this purpose are available and approved for such use by the city council or city manager, as defined <br /> below, and to the extent that the project. with the use of incentives or financial assistance, assists in achieving the <br /> city's housing goals. However, nothing in this chapter establishes, directly or through implication, a right of an <br /> applicant to receive any assistance or incentive from the city. <br /> Any incentives provided by the city shall be set out in the affordable housing agreement pursuant to Section <br /> 17.44.060 of this chapter. The granting of the additional incentives shall require demonstration of exceptional <br /> circumstances that necessitate assistance from the city, as well as documentation of how such incentives increase <br /> the feasibility of providing affordable housing. <br /> The following incentives may be approved for applicants who construct inclusionary units on -site: <br /> A. Fee Waiver or Deferral. The city council, by resolution, may waive or defer payment of city <br /> development impact fees and /or building permit fees applicable to the inclusionary units or the project of <br /> which they are a part. Fee waivers shall meet the criteria included in the city's adopted policy for <br /> evaluating waivers of city fees for affordable housing projects. The affordable housing agreement shall <br /> include the terms of the fee waiver. <br /> B. Design Modifications. The granting of design modifications relative to the inclusionary requirement <br /> shall require the approval of the city council and shall meet all applicable zoning requirements of the city of <br /> Pleasanton. Modifications to typical design standards may include the following: <br /> Reduced setbacks; <br /> Reduction in infrastructure requirements; <br /> Reduced open space requirements; <br /> Reduced landscaping requirements; <br /> Reduced interior or exterior amenities; <br /> Reduction in parking requirements; <br /> Height restriction waivers. <br /> C. Second Mortgages. The city may utilize available lower income housing funds for the purpose of <br /> providing second mortgages to prospective unit owners or to subsidize the cost of a unit to establish an <br /> affordable rent or an affordable sales price. Terms of the second mortgage or subsidy shall be stated in the <br /> affordable housing agreement. The utilization of these incentives shall not be the sole source of providing <br /> http: /gcode.us/ codes /pleasanton/view.php? topic =17- 17_44 &showAll =1 &frames =on 4/5/2010 <br />