2001 APRIL - Laserfiche WebLink

17.44.060 to the development and retention of the inclusionary units. In addition to the above, the affordable housing agreement shall set forth any waiver of the lower income housing fee. For projects which meet the affordability threshold with very low and/or low in- come units, all units in the project shall be eligible for a waiver of the lower income housing fee. For single-family residential projects which meet the affordability threshold with moderate income units, or multiple-family residen- tial projects which do not meet the affordability threshold, only the inclusionary units shall be eligible for a waiver of the lower income housing fee except as otherwise approved by the city council. To assure affordability over the life of the unit, the affordable housing agreement shall be recorded with the property deed or other method approved by the city attorney. In the event an inclusionary unit is affordable by design the affordable housing agreement shall stipulate the method for assuring that the units retain their affordability as the housing market changes. The director of planning and communi- ty development may waive the require- ment for an affordable housing agreement for projects approved prior to the effec- tive hereof and/or for projects that have their affordable housing requirements included in a development agreement or other city document. (Ord. 1818 § 1, 2000) 17.44.070 Incentives To Encourage On-Site Construction Of Inclusionary Units: The city shall consider making avail- able to the applicant incentives to increase the feasibility of residential projects to provide inclusionary units. Incentives or financial assistance will be offered only to the extent resources for this purpose are available and approved for such use by the city council or city manager, as de- fined below, and to the extent that the project, with the use of incentives or financial assistance, assists in achieving the city's housing goals. However, noth- ing in this chapter establishes, directly or through implication, a right of an appli- cant to receive any assistance or incentive from the city. Any incentives provided by the city shall be set out in the affordable housing agreement pursuant to section 17.44.060 of this chapter. The granting of the addi- tional incentives shall require demonstra- tion of exceptional circumstances that necessitate assistance from the city, as well as documentation of how such incen- tives increase the feasibility of providing affordable housing. The following incentives may be ap- proved 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. (Pleasanton Apri12001) 470_2