Rancho Palos Verdes, California · General provision

17.96.2120

Extracted standards

2 individual requirements pulled out of this section’s prose, each with the sentence it came from.

Other

  • Maximum rent as percentage of household income30 pct

    a rental unit which does not exceed 30 percent of the renter's household income

  • Maximum sale price as multiple of annual income4 times

    a sale unit in which the sales price of the unit does not exceed four times the purchaser's annual household income

From the ordinance

"Affordable unit" means a rental unit which does not exceed 30 percent of the renter's household income or a sale unit in which the sales price of the unit does not exceed four times the purchaser's annual household income.
17.96.2120