The purpose of this chapter is to:
A.
Implement Statewide policies to make available an adequate supply of housing for persons and households from all economic sectors of the community because persons with low and moderate incomes who work and/or live within the City are unable to locate housing at prices they can afford and are increasingly excluded from living in the City;
B.
Support General Plan policies intended to promote and maintain a balanced and economically diverse community with a mix of workplaces and residential uses that offer a variety of housing types to meet the needs of an economically diverse work force, thereby reducing both adverse impacts on air quality and energy consumed by commuting;
C.
Avoid the depletion of limited land resources needed to accommodate the demand for housing that is affordable to low- and moderate-income households by requiring the development of affordable housing when market-rate units are constructed, which is a more efficient use of land;
D.
Construct new affordable units on the same site as new market-rate construction and only when this is infeasible, provide comparable new or substantially rehabilitated affordable units at another site of similar neighborhood character;
E.
Establish standards and procedures to implement the inclusionary housing requirements in a streamlined manner that complies with Federal and State law; and
F.
Provide additional incentives for the development of affordable housing units that exceed those to which developers are entitled under State law.
The primary intent of the inclusionary requirement is to achieve the construction of new affordable units on site. A second priority is construction of affordable units off site, or the transfer of sufficient land to the City or a City-approved affordable housing specialist or an in-lieu fee payment to the City. This chapter shall be implemented by way of a resolution adopted by the City Council. |
(Ord. 20-03 § 6; Ord. 21-10 § 4; Ord. 24-01, 4/16/2024)