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Sec. 41-1900. Purpose. <br /> This article establishes standards and procedures to encourage the development of <br /> housing that is affordable to a range of households with varying income levels. The <br /> purpose of this article is to encourage the development and availability of affordable <br /> housing by requiring the inclusion of affordable housing units within new developments <br /> when the number of units exceed the densities permitted under the general plan, zoning <br /> classification, or the conversion of rental units to condominium ownership. <br /> Sec. 41-1901. Definitions. <br /> As used in this article, the following terms shall have the following meanings: <br /> Adjusted forhousehold size appropriate for the unit means a household of one person <br /> in the case of a studio unit, two (2) persons in the case of a one-bedroom unit, three (3) <br /> persons in the case of a two-bedroom unit, four (4) persons in the case of a three- <br /> bedroom unit, and five (5) persons in the case of a four-bedroom unit. <br /> Administrative procedures means those regulations promulgated by the executive <br /> director pursuant to section 41-1910 of this article. <br /> Affordable housing cost means the total housing costs paid by a qualifying household, <br /> which shall not exceed the fraction of gross income specified, as follows: <br /> Extremely low-income households. Thirty (30) percent of the income of a <br /> household earning thirty (30) percent of the Orange County median income adjusted for <br /> family size appropriate for the unit. <br /> Very low-income households. Thirty (30) percent of the income of a household <br /> earning fifty (50) percent of the Orange County median income adjusted for family size <br /> appropriate for the unit. <br /> Low-income households. Thirty (30) percent of the income of a household earning <br /> eighty (80) percent of the Orange County median income for family size appropriate for <br /> the unit. <br /> Moderate-income households. Thirty (30) percent of the income of a household <br /> earning one hundred twenty (120) percent of the Orange County median income adjusted <br /> for family size appropriate for the unit. <br /> The qualifying limits for extremely low-income, very low-income, low-income and <br /> moderate-income households are established and amended annually pursuant to Section <br /> 8 of the United States Housing Act of 1937. The limits are published by the Secretary of <br /> Housing and Urban Development. <br /> c d r1 'rr�rty rri�dli [ilk 111aAll 1u111 IIUIIIL)UI Qi iiirlu uiIi 5 dIIUWeU ue( atf uY <br /> la,id within each land use category designated in the General Plan. <br /> City Council 8 - 5 0rdtli*WLG22-xxx <br /> Page 3 of 18 <br />