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AHA Affordable Unit MIX Unit Type Unit Mix for Affordable Units Unit Type 50% AMI 80% AMI 100% AMI Total 1-Bedroom 3 7 5 15 55% 2-Bedroom 2 4 3 9 34% 3-Bedroom 1 1 1 3 11% Total 6 12 9 27 100% The City's Housing Site Standards and Design Guidelines stipulate that 10% of the affordable units will be 3-bedroom units and 35% will be 2-bedroom units; the proposed agreement calls for 11% of the affordable units to be 3-bedroom units and 33% of the affordable units to be 2-bedroom. Staff determines that the proposed unit mix is consistent with the Design Guidelines since an additional unit would exceed the target percentage. In lieu of proving the 27 affordable housing units, the developer would have the option to pay $2,300,000 rather than providing affordable units. The option of paying the fee or providing the units would be decided by the City. Staff supports this alternative primarily because it could provide the City with all or a significant portion of the funding needed to develop, or assist in developing, an additional affordable project with deeper levels of affordability than provided in this project. Further, it could be used to develop programs or other options for creating housing for lower income households. The Housing Commission, at its February 20, 2014, meeting, reviewed Affordable Housing options to define an Affordable Housing Agreement (AHA) for the project. The Housing Commission unanimously recommended the approval of the AHA to the City Council. Development Agreement. The applicants have proposed a development agreement to vest the entitlements for the project. The term of the development agreement would expire in 10 years. Growth Management The growth management agreement for the project is included with Attachment 3. The agreement states that all 177 units will receive growth management approval in 2014. Exceptions Requested by Applicant As descripted on pages 14-15 of the attached Planning Commission staff report, the applicant is requesting two exceptions to the Standards: 1) carport(s) would be constructed and located less than 50 feet from the western property line; and 2) the westerly access road would be designed as an alley instead of an interior street. Staff and the Planning Commission support the requested exceptions. Page 7 of 11