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POPPY LANE INCLUSIONARY HOUSING P LAN <br />D.R. Horton Bay, Inc. Shall be referred to as “Developer.” The City of San Leandro shall be referred to as <br />“City.” The Poppy Lane development project shall hereby be referred to as “Poppy Lane.” <br />1. Poppy Lane is located at 2824 Halcyon Dr. on a site that is approximately 2.41 gross acres (APN <br />077C 1240 005 00) and is located within the Lower Bal neighborhood 1 mile to the North of <br />Interstate 880. Poppy Lane will consist of eighteen (18) single family homes. There will be three <br />plan types and each plan square footage is designated on the included Project Data (Exhibit A). <br />According to Ordinance #6-3006 C, the City requires a for sale 18-unit project to have three (3) <br />total inclusionary units – two (2) “moderate income” units and one (1) “low income” units. <br /> <br />2. Three (3) housing units in Poppy Lane have been designated to be marketed and made available <br />for sale. Two (2) will be moderate income and one (1) will be low income Households. The <br />designated units are as follows: <br /> <br />a. Lot 5 (moderate income – Plan 1: 1678 SF/4 bedroom/2.5 bath) <br />b. Lot 10 (moderate income – Plan 1: 1678 SF/4 bedroom/2.5 bath) <br />c. Lot 17 (low income – Plan 1: 1678 SF/4 bedroom/2.5 bath) <br /> <br />Building and unit floor plans of the inclusionary housing have been included as Exhibit B. A site <br />plan indicated the inclusionary units has been included as Exhibit C. Exterior elevations have <br />been included as Exhibit D. <br /> <br />3. The Low Income housing units will be made available for families whose gross income does not <br />exceed 80% of the Area Median Income. The Moderate Income units will be made available for <br />families whose gross income does not exceed 120% of the Area Median Income. <br /> <br />4. Developer shall execute an agreement approved by the City which will restrict the sale of the <br />Owner-Occupied Inclusionary Units in accordance with Ordinance #6-3022. A regulatory <br />agreement will be recorded on the title of the Owner-Occupied Inclusionary Units. <br /> <br />5. Building permits and Certificates of Occupancy (COE) will be issued by the City of San Leandro <br />for both the market rate units and the Inclusionary Units as set forth in the phasing schedule <br />below. The Inclusionary Units will be offered for sale concurrent with the market rate housing. <br />The Phasing Map – Exhibit D outlines that the affordable units will be phased as follows: <br /> <br />a. Phase 1 – one (1) affordable unit + four (4) market rate units <br />b. Phase 2 – one (1) affordable units + five (5) market rate units <br />c. Phase 3 – one (1) affordable units + five (5) market rate units <br />d. Model – one (1) market rate unit <br /> <br />6. The inclusionary units will be indistinguishable from the market rate units on the outside. The <br />lots are spread out throughout the project. The internal amenities will also be generally <br />consistent with the market rate units. All three (3) homes are the smallest floor plan at 1,678 s.f. <br /> <br />7. Not applicable.