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number of square feet of required inclusionary housing, the total gross habitable square <br />feet of the housing units of the original market rate project shall be used, as measured <br />from exterior walls to exterior walls of the market units provided as the base for <br />calculation. The common areas, exterior hallways, stairways, patios, and balconies shall <br />not be calculated in determining the number of required square feet of inclusionary <br />housing production. All new or rehabilitated units must meet all current zoning and <br />general plan standards. <br />(2) While the total number of square feet of inclusionary housing requirement <br />is calculated based on the requirements of this ordinance, the number of units, bedrooms <br />and other amenities on the proposed off -site inclusionary housing location shall be <br />approved by the review authority commensurate with the size and type of units most in <br />demand at the time of submittal of the application. <br />(3) Any off -site affordable inclusionary housing project shall be substantially <br />comparable to the market rate units included in the residential project in terms of quality <br />of design, materials and finishes. <br />(4) If tenants are displaced due to rehabilitation of housing to meet the <br />inclusionary unit requirement, the developer shall be responsible for relocation costs as <br />required by state law. <br />(5) No city, housing authority, or public funds, subsidies, or participation of any <br />kind shall be expended on the production or building of any inclusionary housing projects <br />associated with meeting the inclusionary unit requirement. <br />(d) Timing of construction. All inclusionary units in a residential project or proposed <br />off -site new inclusionary units or rehabilitated units shall be constructed concurrent with, <br />or before the construction of the market rate units. If the city approves a phased project, <br />a proportional share of the required inclusionary units shall be provided within each phase <br />of the residential project. <br />(e) Units for sale. <br />(1) Time limit for inclusionary restrictions. A unit for sale shall be restricted to <br />the target income level group at the applicable affordable housing cost for a minimum of <br />fifty-five (55) years. <br />(2) Certification of purchasers. The developer and all subsequent owners of an <br />inclusionary unit offered for sale shall certify, on a form provided by the city, the income <br />of the purchaser and that such owners will live in such inclusionary unit as their primary <br />residence. <br />(3) Resale price control. In order to maintain the availability of inclusionary units <br />required by this article, the resale price of an owner occupied inclusionary unit shall be <br />limited to the lesser of the fair market value of the unit as established by a licensed real <br />Ordinance No. NS-3019 <br />Page 12 of 17 <br />