Incentives

• clustering of IH units
• delayed building of IH units
• density bonus
• fast-track processing
• fee deferral
• fee reduction
• fee waiver
• flexible design standards
• growth control extension
• subsidies
• tax abatement
• (other)

Residential building permit activity 5 years before and after adoption of ordinance:

permit data not available

A. The city council shall adopt a resolution setting forth provisions for continued affordability of below market rate units provided through the inclusionary housing program. These provisions will ensure that inclusionary housing provided by this chapter remains affordable to very low, low, and moderate income households over time, and may include:

1. Requiring resale restrictions, deeds of trust, or affordability agreements to be recorded against the property for a specified length of time that would limit the sales price or rent;

2. Requiring review of income information for prospective owners or tenants of inclusionary units by current owners and/or property managers, with certification by the community development director;

3. Establishing provisions addressing city policy for tenants whose household income increases after occupying an inclusionary unit;

4. Other provisions as necessary to ensure the continued affordability of the inclusionary units.

B. The city council may update the resolution from time to time as necessary. (Ord. 404 § 5 (part), 2004)