29.6 - Standards for Affordable Housing

Other

• Access to amenities

  The affordable units shall have access to the same amenities as the market rate units included within the affordable ownership cost or affordable rent for the affordable unit.

• Bedroom comparability

  The number of bedrooms in the affordable units shall be comparable to the average number of bedrooms in the market-rate units, include comparable square feet by unit size and the affordable units shall be reasonably dispersed within the residential development project.

• Concurrent occupancy - nonresidential50 pct

  the City may not approve any final inspections or certificates of occupancy ... for more than fifty percent (50%) of the nonresidential development project (on a square foot basis)

• Concurrent occupancy - residential50 pct

  the City may not issue building permits for more than fifty percent (50%) of the market-rate units until it has issued building permits for all of the affordable units

• Duration of affordability - for rent55 years

  All affordable units for rent produced as required by this Article shall be legally restricted to occupancy by households of the income levels for which the units were designated at an affordable rent for a period of at least fifty-five (55) years.

• Duration of affordability - for sale30 years

  All affordable units for sale produced as required by this Article shall be legally restricted to occupancy by households of the income levels for which the units were designated at an affordable ownership cost for a period of at least thirty (30) years.

• Eligibility plan requirement

  No household may occupy an affordable unit until the Community Development Director or designee has approved a Below Market Rate Tenant Selection and Management Plan prepared by the developer.

• Exterior appearance compatibility

  The exterior appearance of the affordable units shall be compatible with that of market-rate units.

• Interior finishes and amenities

  Interior finishes and amenities may not differ from those provided in the base model market rate units.

• Local preference

  developers shall grant a preference in the affordable units produced as required by this Article, to: (1) eligible households displaced by any activity ... of the City

• Principal residence requirement

  Any household that occupies an affordable unit must occupy that unit as its principal residence, unless otherwise approved in writing for rental to a third party for a limited period of time due to household hardship.

• Quality of construction

  All affordable units required by this Article shall be comparable to the overall quality of construction to market-rate units in the same housing development.