(A) For-sale affordable housing units.
(1) Only eligible households shall be permitted to purchase and occupy an affordable housing unit for purposes of satisfying the requirements of this chapter.
(2) In order to address current and anticipated future demands within the city for affordable housing, the developer of a covered development project shall establish a plan, which plan shall be subject to the approval of the City Manager (or the Manager’s designee).
(3) (a) Such plan is intended to give priority to low- and moderate-income households in the following order (unless adjusted in accordance with § 158.12(B)):
1. Households who live in the city and the head of the household or the spouse or domestic partner is 75 years of age or older;
2. Households who live in the city and the head of the household or the spouse or domestic partner is 65 years of age or older;
3. Former city residents that are age 65 and older;
4. Parents of city residents who are age 65 and older; and
5. Households in which the head of the household or the spouse or domestic partner works in the city.
(b) The selection of eligible households for the affordable housing units shall be conducted by the City Manager, or such other person or entity designated by the City Council in accordance with § 158.12(B).
(5) The owner of the covered development project shall execute and record any documents required by § 158.12 to ensure compliance with this section.
(B) Rental affordable housing units.
(1) Only eligible households shall be permitted to rent and occupy an affordable housing unit for purpose of this code.
(2) In order to address current and anticipated future demands within the city for affordable housing, the developer of a covered development project shall establish a plan, which plan shall be subject to the approval of the City Manager (or the Manager’s designee).
(3) (a) Such plan is intended to give priority to low- and moderate-income households in the following order (unless adjusted in accordance with § 158.12(B)):
1. Households who live in the city and the head of the household or the spouse or domestic partner is 75 years of age or older;
2. Households who live in the city and the head of the household or the spouse or domestic partner is 65 years of age or older;
3. Former city residents that are age 65 and older;
4. Parents of city residents, who are age 65 and older; and
5. Households in which the head of the household or the spouse or domestic partner works in the city.
(b) The selection of eligible households for the affordable housing units shall be conducted by the City Manager, or such other person or entity designated by the City Council in accordance with § 158.12(B).
(4) If the gross income of the eligible household increases above the eligible household income levels provided in § 158.09, during the lease period, the eligible household may continue to lease and occupy the unit and may renew the lease as well, subject to the limitations on lease as set forth in § 158.11.
(5) The owner of the covered development project shall execute and record any documents required by § 158.12 to ensure compliance with this section.
(Ord. 2005-45, passed 12-5-2005)