ORD 1818 - Laserfiche WebLink

The percentage of Inclusionary Units required for a particular project shall be determined only once on a given project, at the time of Tentative Map approval, or, for projects not processing a map, prior to issuance of building permit. If the subdivision design changes, which results in a change in the number of Unit Types required, the number of Inclusionary Units required shall be recalculated to coincide with the final approved project. In applying and calculating the fifteen (15 ) percent requirement, any decimal fraction less than or equal to 0.50 may be disregarded, and any decimal fraction greater than 0.50 shall be construed as one Unit. B. Commercial, Office, and Industrial (CO1) 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 may 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 thWugh 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. Ordinance No. 1818 Page 5