3_Exhibit E - Laserfiche WebLink

necessitate assistance from the city, as well as documentation of how such incentives increase the feasibility of providing affordable housing. The following incentives may be approved for applicants who construct inclusionary units on-site: A. Fee Waiver or Deferral. The city council, by resolution, may waive or defer payment of city development impact fees and/or building permit fees applicable to the inclusionary units or the project of which they are a part. Fee waivers shall meet the criteria included in the city’s adopted policy for evaluating waivers of city fees for affordable housing projects. The affordable housing agreement shall include the terms of the fee waiver. B. Design Modifications. The granting of design modifications relative to the inclusionary requirement shall require the approval of the city council and shall meet all applicable zoning requirements of the city of Pleasanton. Modifications to typical design standards may include the following: Reduced setbacks; Reduction in infrastructure requirements; Reduced open space requirements; Reduced landscaping requirements; Reduced interior or exterior amenities; Reduction in parking requirements; Height restriction waivers. C. Second Mortgages. The city may utilize available lower income housing funds for the purpose of providing second mortgages to prospective unit owners or to subsidize the cost of a unit to establish an affordable rent or an affordable sales price. Terms of the second mortgage or subsidy shall be stated in the affordable housing agreement. The utilization of these incentives shall not be the sole source of providing the inclusionary units and they are intended to augment the developer’s proposal. D. Priority Processing. After receiving its discretionary approvals, a project that provides inclusionary units may be entitled to priority processing of building and engineering approvals subject to the approval of the city manager. A project eligible for priority processing shall be assigned to city engineering and/or building staff and processed in advance of all nonpriority items. (Ord. 1818 § 1, 2000) 17.44.080 Alternatives to constructing inclusionary units on-site. The primary emphasis of this inclusionary zoning ordinance is to achieve the inclusion of affordable housing units to be constructed in conjunction with market rate units within the same project in all new residential projects. However, the city acknowledges that it may not always be practical to require that every project satisfy its affordable housing requirement through the construction of affordable units within the project itself. Therefore, the requirements of this chapter may be satisfied by various methods other than the construction of inclusionary units on the project site. Some examples of alternate methods of compliance appear below. As housing market conditions change, the city may need to allow alternatives to provide options to applicants to further the intent of providing affordable housing with new development projects. A. Off-Site Projects. Inclusionary units required pursuant to this chapter may be permitted to be constructed at a location within the city other than the project site. Any off-site inclusionary units must meet the following criteria: 1. The off-site inclusionary units must be determined to be consistent with the city’s goal of creating, preserving, maintaining, and protecting housing for very low, low, and moderate income households. 2. The off-site inclusionary units must not result in a significant concentration of inclusionary units in any one particular neighborhood. 3. The off-site inclusionary units shall conform to the requirements of all applicable city ordinances and the provisions of this chapter. 10/19/2017http://www.qcode.us/codes/pleasanton/view.php?topic=17-17_44&showAll=1&frames=on