CC WS PACKET 02252025 - Laserfiche WebLink

Home Browse Search

Incentive Low Income (Capped at 60%) 51% to 60% AMI Affordability Very Low Income 31% to 50% AMI Extremely Low Income at or Below 30% AMI §9.26 Development Fee Deferments Eligible for 12-month deferral with 9% qualifying units and 24 months with 20% qualifying units Eligible for 12-month deferral with 9% qualifying units and 24 months with 20% qualifying units Eligible for 12-month deferral with 9% qualifying units and 24 months with 20% qualifying units §9.27 Expedited Review of Plans NA NA Eligible §9.28 Land Write Down Potentially Eligible Potentially Eligible Potentially Eligible §9.30 Housing TIF Potentially Eligible Potentially Eligible Potentially Eligible Parking Reduction § 9.19 Affordability provided: Projects located in the Designated Transit Area, Tier I: Projects located in the Designated Transit Area, Tier II: Projects located outside a Designated Transit Area: 9% of units qualifying as very low or extremely low income 15% 10% 5% 20% of units qualifying as very low income 25% 20% 10% 50% of units qualifying as very low income or 20% of units qualifying as extremely low income 35% 30% 15% 100% of units qualifying as very low income or 50% of units qualifying as extremely low income 45% 40% 20% Enclosed Parking Space Conversion § 9.20 Low Income (Capped at 60%) 51% to 60% AMI Affordability Very Low Income 31% to 50% AMI Extremely Low Income at or Below 30% AMI Extremely Low Income at or Below 30% AMI 9% of its units qualifying as low- income affordable housing qualifies to convert 10% 9% of its units qualifying as very low-income affordable housing convert to 50% 9% of its units qualifying as extremely low-income affordable housing qualifies to covert 50% 20% of its units qualifying as extremely low-income affordable housing qualifies to convert 100% 30