Common Contracts

Contract

July 16th, 2019

• Filed
  July 16th, 2019

This purpose of this chapter is to ensure that housing opportunities are available for all economic segments of the population as identified in the housing element of the city general plan and that housing units for very low and low income households is a priority per Government Code Section 65589.7. The intent of the below market rate housing program established by this chapter is to require either the construction of dwellings that very low, low, and moderate income households can afford to rent or buy, or require the contribution of an in lieu fee to an affordable housing fund an amount sufficient to provide affordable housing opportunities for these income groups as a part of any new residential subdivision of ten or more lots or dwelling units or the conversion of ten or more rental units to condominiums. Identification of housing units for very low and low income households is considered a priority residential use; however, adequate infrastructure first must be reserved for all C