Dimensional standards
Extracted standards
4 individual requirements pulled out of this section’s prose, each with the sentence it came from.
Other
- Affordability period for for-sale units45 years
A unit for sale shall be reserved for the target income level group at the applicable affordable housing cost for a minimum of 45 years.
- Affordability period for rental units
A rental unit shall remain reserved for the target income level group at the applicable affordable housing cost in perpetuity.
- Inclusionary requirementInclusionary requirementA share of new homes that must be sold or let below market rate. for for-sale units
If the project consists of units for sale, a minimum of 20 percent of the total number of units in the project shall be sold to very low, low, or moderate-income households.
- Inclusionary requirementInclusionary requirementA share of new homes that must be sold or let below market rate. for rental units
If the residential project consists of rental units, a minimum of five percent of the units shall be rented to very low-income households, five percent of the units shall be rented to very low or low-income households, and 10 percent of the units shall be rented to very low, low, or moderate-income households.
From the ordinance
A minimum of 20 percent of the total number of dwelling units in a residential project shall be developed, offered to, and sold or rented to households of very low, low, and moderate-income, at an affordable housing cost.