Affordable units in new housing (inclusionary) in Martinez

55 years for units that are rented.

45 years for units that are owner occupied.

Projects for which this chapter applies must provide at least 15% of the total units, excluding any manager's unit, as deed-restricted affordable housing to acutely low-, extremely low-, very low-, low-, and/or moderate-income households.

The amount of the fee to be paid by the Applicant pursuant to this subsection shall be provided in the City's fee schedule established by Resolution of the City Council.

In no case shall the in-lieu fee be less than $100,000 per Inclusionary Unit.

This chapter applies to any rental or ownership residential project of which any combination of 11 or more dwelling units is created, including, but not limited to, planned unit developments, condominium or subdivision maps, condominium conversions, mixed-use developments, conditional use permits, design review, or other ministerial or discretionary land use approvals.

Projects for which this chapter applies must provide at least 15% of the total units, excluding any manager's unit, as deed-restricted affordable housing to acutely low-, extremely low-, very low-, low-, and/or moderate-income households.

The income mix of Inclusionary Units must average out to 80% of Area Median Income ("AMI") or less, with no affordable rental units available to households above 120% of AMI.

The income mix of Inclusionary Units must average out to 120% of AMI or less, with no affordable ownership units available to households above 150% of AMI.