Laserfiche WebLink
Use the lower-income-housing fee to <br /> generate funds for the provision of housing <br /> affordable to extremely low-,low-and very <br /> low-income households.The low-income <br /> Program 18.1:Review and housing fund should be used primarily to <br /> modify the lower income leverage State and Federal funds in the <br /> housing fee annually in development of housing affordable to low- <br /> conformance with AB 1600, and very low-income households and in- Annually Refer to the status for Program 17.1. <br /> and consider changing the house loan programs,so that the fund may <br /> basis of the fee to reflect the be used most efficiently and maintained <br /> true cost of providing over time. When considering allocation of <br /> housing. these funds,priority will be given to non- <br /> profit housing developers with a project <br /> including three bedroom units affordable to <br /> large extremely low,low-and very low- <br /> income households. <br /> Use the lower-income-housing fee to <br /> generate funds for the provision of housing <br /> affordable to extremely low-,low-and very <br /> low-income households.The low-income <br /> housing fund should be used primarily to <br /> Program 18.2:Continue to leverage State and Federal funds in the The City has continued to exempt all affordable housing units from the low income <br /> exempt all housing units development of housing affordable to low- housing fee in 2022.As the City works on future projects,the expectation is that all units <br /> affordable to low-and very and very low-income households and in- Ongoing affordable to low-and very low-income households will be eligible for a waiver of the from <br /> low-income households from house loan programs,so that the fund may <br /> be used most efficiently and maintained payment of the Lower Income Housing Fee in conformance with the City's long-standing <br /> the low income housing fee. over time. When considering allocation of policy. <br /> these funds,priority will be given to non- <br /> profit housing developers with a project <br /> including three bedroom units affordable to <br /> large extremely low,low-and very low- <br /> income households. <br />