Affordable units in new housing (inclusionary) in Monterey County

The owner-occupied unit in an owner-occupied development of four units or less shall not be counted in applying the requirements of this Chapter.

These eligible agricultural subdivisions may comply with the inclusionary requirements by paying a fee in-lieu of supplying units pursuant to Section 18.40.090.

for each market-rate unit in the residential development, the fee shall be one-fifth (⅕) of the difference between the affordable sales price for a four-person household at one hundred (100) percent of median income and the cost of developing an average market-rate three-bedroom home.

Residential developments required to construct fractions of a unit under this Chapter may pay an in-lieu fee in an amount corresponding to the fractional unit, computed by multiplying the in-lieu fee amount determined under Subsection D below by the fraction.

All residential development consisting of five (5) or more units or lots in the County shall provide inclusionary units on-site or off-site, except that a fee may be paid in-lieu of providing fractional units and in other circumstances specified in Section 18.40.090.

All new residential development consisting of three (3) or four (4) additional units or lots in the County shall provide inclusionary units on-site or off-site, or pay a fee in-lieu pursuant to Section 18.40.090.