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25G - AGMT - INCLUSIONARY HOUSING AGMT
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25G - AGMT - INCLUSIONARY HOUSING AGMT
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Last modified
4/2/2015 4:28:32 PM
Creation date
4/2/2015 3:22:49 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25G
Date
4/7/2015
Destruction Year
2020
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HOUSING ALTERNATIVES <br />Select the applicable alternatives to indicate how the project will comply with the <br />inclusionary housing requirement: <br />On-site construction of incluslonary units <br />iri fee payment for entire obligation' <br />In -lieu fee payment for fractional unit <br />Land dedication <br />Note: For development projects with more than 20 units requesting in-lieu fee payment <br />to fulfill their inclusionary obligation, "substantial, evidence that the cost of providing <br />Incluslonary units on site would substantially exceed the amount of the applicable in-lieu <br />fee is to be provided with this application. <br />Please complete the following table(s) as It applies to your project proposal: <br />proposed Rental Housing Prolects: <br />1 If the calculation of the number of required Jnr14iomuy housing nalto resuii3 Ina fraction, Ifie developer b as the opllpa to <br />(a) provide an acidtlono I uncluslonary housing u all or (b) pay an In Unu roe equal to the percentage represented by the fracttiflif <br />Inclu Vonary boquing unit multiplied by the applioalulo ln�Llou Fee <br />Page 2 of 4 <br />ForrWH00oppl1whan <br />V76 <br />25G-31 <br />Number of <br />Unit Size <br />Number of <br />Number of <br />Very-Low <br />Total <br />Number of <br />(Square <br />Market Rate <br />Low Income <br />Income <br />Number of <br />bedrooms <br />Feet) <br />Units <br />Units <br />Units <br />Units <br />Studio <br />1 <br />- <br />2 <br />1 <br />3 <br />4 <br />Total <br />1 If the calculation of the number of required Jnr14iomuy housing nalto resuii3 Ina fraction, Ifie developer b as the opllpa to <br />(a) provide an acidtlono I uncluslonary housing u all or (b) pay an In Unu roe equal to the percentage represented by the fracttiflif <br />Inclu Vonary boquing unit multiplied by the applioalulo ln�Llou Fee <br />Page 2 of 4 <br />ForrWH00oppl1whan <br />V76 <br />25G-31 <br />
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