The purposes of this chapter, which shall be known as the "Inclusionary
Housing Ordinance," are the following:
A. To
encourage the development and availability of housing affordable to
a broad range of Households with varying income levels within the
City;
B. To
promote the City's goal to add affordable housing units to the City's
housing stock;
C. To
increase the availability of housing opportunities for Middle Income
and Upper-Middle Income households within the City limits in order
to protect the economic diversity of the City's housing stock, reduce
traffic, commuting and related air quality impacts, and reduce the
demands placed on transportation infrastructure in the region; and
D. To
implement policies of the Housing Element of the General Plan which
include: (1) adopting an inclusionary housing program to meet the
housing needs of those not currently served by City Housing and Redevelopment
Agency programs; and (2) encouraging the development of housing for
first time home buyers, including moderate and Middle Income households.
As used in this chapter, the following terms shall have the
meaning and usage indicated below:
Household.
One person living alone or two or more persons sharing residency
whose income is considered for housing payments.
Inclusionary Housing Plan.
A plan for a residential development submitted by an Applicant
as provided by Subsection 30.160.090.B, Inclusionary Housing Plan.
Inclusionary Unit.
An Ownership Unit that must be offered to eligible purchasers
(in accordance with eligibility requirements set by the City) at a
City-approved affordable sale price according to the requirements
herein.
Market-Rate Unit.
An Ownership Unit in a Residential Development that is not
an Inclusionary Unit.
Middle Income Household.
A Household whose income is between 120% and 160% of the
Area Median Income, adjusted for household size.
Ownership Unit.
A residential unit that may be sold separately under the
requirements of the State Subdivision Map Act. For purposes of this
chapter, a residential unit may be designated as an Ownership Unit
whether or not it is rented by the owner thereof. The following shall
be considered to be a single Ownership Unit:
1.
A residential unit together with an Accessory Dwelling Unit approved under Section
30.185.040, Accessory Dwelling Unit, or
2.
A residential unit together with an additional residential unit on the same lot approved under Section
30.185.050, Additional Residential Unit.
Residential Development.
Proposed residential development requiring a tentative subdivision map under the City's Subdivision Ordinance. Residential Development shall include the conversion of rental housing to condominiums or similar uses as described in Chapter
30.155, Conversion of Residential Units to Condominiums, Hotels, or Similar Uses.
Residential Lot Subdivision.
The subdivision of land into individual parcels where the
application to the City for the subdivision approval does not include
a concurrent request for City design approval of the residential units
or homes to be constructed upon on such lots.
Target Income.
A number, expressed as a percentage of Area Median Income,
used in calculating the maximum sale price of an affordable housing
unit. It is the household income to which the unit is targeted to
be affordable.
Unit Size.
All of the livable floor area within the perimeter walls
of a residential unit.