Attachment B

SUMMARY OF TASK FORCE RECOMMENDED INCLUSIONARY PROGRAM

1.

INCLUSIONARY REQUIREMENT/MINIMUM PROJECT SIZE/TYPE

All new developments containing five (5) or more multi-family residential units, a minimum of 20% of the total units designated for sale or rent to extremely low, very low, low or moderate-income households.

a.

For Ownership Housing Developments: The required affordable units must be for extremely low, very low, low or moderate income households, in any combination, but no more than half of the required affordable units may be designated for moderate income households.

b.

For Rental Housing Developments: At least half of the required affordable units must be for extremely low or very low-income households. The remaining half of the required affordable units may be designated for extremely low, very low or low-income households, in any combination.

c.

Credit for Disabled or Large Family Units: A reduction in the inclusionary requirement may be allowed if required units are designed, constructed, and designated for either disabled or large family households.

2.

ALTERNATIVES TO CONSTRUCTING UNITS ON SITE

a.

In-lieu Fee Option for Developments of Five (5) to Nine (9) Units (only)

b.

Transfer to Alternative Development Site

c.

Land Dedication

d.

Acquisition/Rehabilitation/Enforcement

3.

TERM OF AFFORDABILITY - 55 years

4.

INCENTIVES AND CONCESSIONS

a.

Fee Reduction or Deferral

b.

Priority Processing

c.

Density Bonuses

d.

Financial Assistance

5.

ADJUSTMENT/APPEALS

Developer may appeal to the Planning Commission for a reduction, adjustment, or waiver of the inclusionary requirement.