(A) Except as otherwise provided, developers must provide one of the following as a condition for project approval:
(1) Reserve at least 15% of all dwelling units in a project for low-income households;
(2) Reserve at least 10% of all dwelling units in a project for very low-income households;
(3) Construct off-site inclusionary housing for low-income households equivalent to 17% of all dwelling units in a project;
(4) Construct off-site inclusionary housing for very low-income households equivalent to 12% of all dwelling units in a project; or
(5) Pay an in-lieu fee as established by City Council resolution.
(B) This section does not apply to plan area projects. For projects located both inside and outside the plan area, this section applies only to dwelling units located outside the plan area.
(Ord. 1142, passed 11-7-05; Am. Ord. 1187, passed 3-3-08)