Affordable units in new housing (inclusionary) in Goleta

The term of affordability restrictions shall generally be 55 years but not less than 30 years

The term of affordability restrictions shall generally be 55 years but not less than 30 years

Projects to construct one single-unit dwelling on an existing “R” zoned lot;

An affordable, multiple-unit rental housing project that will be developed by a nonprofit housing provider receiving financial assistance from the City, so long as the project is maintained as an affordable project subject to an affordable housing agreement with the City;

Projects processed pursuant to Section 17.41.030, Standards for Specific Use and Activities— Accessory Dwelling Units (ADU);

Residential building additions, repairs, or remodels, provided that the work does not increase the number of existing units by more than one unit, excluding the addition of one or more ADUs;

Projects consisting of 100 percent affordable units in which rents are controlled or regulated by a government unit, agency, or authority, excepting those unsubsidized and/or unassisted units that are insured by the United States Department of Housing and Urban Development (HUD);

Projects that replace or restore residential units damaged or destroyed by fire, flood, earthquake, or other disaster;

Units above the allowed density of a Zone District granted through a Density Bonus Agreement pursuant to Chapter 17.27, Density Bonus and Other Incentives.

For projects of two to four units, the developer must make an in-lieu fee payment in an amount equal to the percentage represented by the fractional unit (out to two decimal places) for each income category multiplied by the applicable in-lieu fee payment amount for a full unit at that income level.

Any remaining fraction must be accounted for through an in-lieu fee payment in an amount equal to the percentage represented by the fractional unit multiplied by the applicable in-lieu fee payment amount. The amount of the inlieu fee payment will be in direct proportion to the fractional unit out to two decimal places.

The amount of the in-lieu fee payments must be of equal value to the provision of the affordable units on site as set by City Council resolution.

Multiple-unit project developers proposing projects of five or more units must provide 20 percent affordable units of the total number of units.

The requirements of this chapter apply to every residential development project that includes the addition of two or more housing units, including units added on the site in the previous five years, unless exempt by subsection B.

Multiple-unit project developers proposing projects of five or more units must provide 20 percent affordable units of the total number of units.

The Review Authority may reduce the 20 percent affordability level to 15 percent upon making the required finding that a developer will provide a public benefit exceeding the requirements of this Title

Five percent affordable to low-income households;

Five percent affordable to moderate-income households;

Five percent affordable to above moderate-income households earning 120 to 200 percent of the median income in the County.

One percent of the total number of units as affordable housing to extremely low-income households;

One percent of units to very low-income households;

Five percent of units to low-income households;

Four percent of units to moderate-income households;

Four percent of units to above moderate-income households earning 120 to 200 percent of median income in the County.