[Ord. No. 05-06; amended 9-16-2024 by Ord. No. 2024-06]
Specialized terms as used in this section are defined below. Generalized terms are defined in Section 20.08, Definitions.
ADMINISTRATIVE REGULATIONS
Guidelines and procedures promulgated by the Community Development Director, which may be modified from time to time to implement the provisions of this section.
AFFORDABLE DWELLING UNIT
If the unit is for rent, means a unit for which the total monthly rent plus utilities does not exceed thirty (30%) percent of the monthly income for a lower-income household. If the unit is for sale, means a unit for which the total monthly payment, including interest, taxes, insurance, homeowner association dues, and utilities does not exceed thirty (30%) percent of the monthly income for a lower-income household.
AFFORDABLE HOUSING AGREEMENT
Means an agreement between the City and the Project Sponsor of a housing development project that includes affordable units created pursuant to subsection 20.40.030 and/or subsection 20.40.040, for the purpose of ensuring continued compliance with all applicable regulations and conditions of the City including continued affordability of such units.
BASE DENSITY
Means the greatest number of units allowed on a housing development site pursuant to the applicable zoning district or, where no density standard is provided, as set forth in the Administrative Regulations. For purposes of this section, base density and maximum allowable residential density are synonymous.
DENSITY BONUS
Means a density increase over the otherwise maximum allowable residential density.
HOUSEHOLD, LOW-INCOME
Means a household whose gross income is greater than fifty (50%) percent but no greater than eighty (80%) percent of the Alameda County median income as established by the California Department of Housing and Community Development.
HOUSEHOLD, LOWER-INCOME
Means a household whose gross income is no greater than eighty (80%) percent of the Alameda County median income as established by the California Department of Housing and Community Development; this includes classifications of low-income and very-low-income.
HOUSEHOLD, VERY-LOW-INCOME
Means a household whose gross income is no greater than fifty (50%) percent of the Alameda County median income as established by the California Department of Housing and Community Development.
HOUSING DEVELOPMENT PROJECT
Means a development project for five or more residential units, including mixed-use developments as further set forth in Government Code section 65915(i).
INCLUSIONARY HOUSING UNIT
Means a unit designated as an affordable dwelling unit for purposes of satisfying the City's inclusionary requirements under subsection 20.40.030 of this chapter.
PROJECT SPONSOR
Means any individual, person, firm, partnership, association, joint venture, corporation, entity, combination of entities or authorized representative thereof, who have applied to develop and operate, manage, and/or lease a housing project under subsection 20.40.030 and/or subsection 20.40.040 of this section.