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Ord 2004-023
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Ord 2004-023
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11/5/2007 11:29:23 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Ordinance
Document Date (6)
12/6/2004
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PERM
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Total Units in <br />Project <br />4 to 9 <br />10 to 16 <br />17 to 23 <br />24 to 29 <br />30 to 36 <br />37 to 43 <br />44 to 49 <br />50+ <br />C. <br />For Sale Project. <br />Required Inclusionary Units <br />Low Income <br />Renter Household <br />(A) <br />1 <br />1 <br />1 <br />2 <br />2 <br />2 <br />3 <br />is 40% of Total <br />Inclusionary Units I <br />The Inclusionary Units shall be restricted to occupancy as follows: <br />Total Units in <br />Project Required Inclusionary Units <br />Total (A + B) Moderate Income Low Income <br />Household (A) Owner Household <br />(B) <br />2 to 6 1 or in-lieu fee <br />7to9 1 <br />10 to 13 2 <br />14 to 16 2 <br />17 to 23 3 <br />24 to 29 4 <br />30 to 36 5 <br />37 to 43 6 <br />44 to 49 7 <br />50+ 15% of Total Units <br />1 or in-lieu fee <br />1 <br />2 <br />1 <br />2 <br />3 <br />3 <br />4 <br />4 <br />60% of Total <br />Inclusionary Units <br />Very Low Income <br />Household (B) <br />0 <br />1 <br />2 <br />2 <br />3 <br />4 <br />4 <br />60% of Total <br />nclusionary Units <br />0 <br />0 <br />0 <br />1 <br />1 <br />1 <br />2 <br />2 <br />3 <br />40% of Total <br />Inclusionary units <br />D. Sequencing Inclusionary Units. To assure that the Inclusionary units are <br />occupied at the beginning of the project, a provision ouiiining the sequencing of the <br />units will be included in the Affordable Housing Plan. An example of sequencing <br />might be requiring the very low income indusionary units to be occupied before <br />moderate- or low- income or affordable units constructed in proportion to <br />construction of Market Rate Units. <br />6-3008 Exemptions. <br />The requirements of this Article do not apply to: <br />Total (A + B) <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />15% of Total Uni <br />ORDINANCE NO. 2004-023 $ <br />
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