2001 APRIL - Laserfiche WebLink

17.44.040 section 17.44.090 of this chapter. COI development not pursuing the inclusion of affordable housing shall be subject to the lower income fees as set forth in city ordinance 1488. (Ord. 1818 § 1, 2000) 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 construct- ed with identical exterior materials and an exterior architectural design that is consis- tent 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 mazket rate units in the project. However, the city may require that the inclusionary units meet certain minimum standards. These standazds shall be set forth in the afford- able housing agreement for the project. D. Inclusionary units shall remain af- fordable in perpetuity through 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 mazket rate units. F. For purposes of calculating the affordable rent or affordable sales price of an inclusionary unit, the following house- hold size assumptions shall be used for each applicable dwelling unit type: HUD Income Category Unit Size By Household Size Studio unit 1 person 1 bedroom unit 2 persons 2 bedroom unit 3 persons 3 bedroom unit 4 persons 4 or more bedroom 5 or more unit persons G. The city's adopted preference and priority system shall be used for deter- mining eligibility among prospective beneficiaries for affordable housing units created through this inclusionary zoning ordinance. (Ord. 1818 § 1, 2000) 17.44.060 Affordable Housing Agreement: An affordable housing agreement shall be entered into by the city and the project owner. The agreement shall record the method and terms by which a project owner shall comply with the requirements of this chapter. The approval and/or re- cordation of this agreement shall take place prior to final map approval or, where a map is not being processed, prior to the issuance of building permits for such lots or units. The affordable housing agreement shall state the methodology for determining a unit's initial and ongoing rent or sales and resale price(s), any resale restrictions, occupancy requirements, eligibility re- quirements, city incentives including second mortgages, recapture mechanisms, the administrative process for monitoring unit management to assure ongoing affordability and other matters related 470-1 (Pleasanton April 2001)