(A) For all new plan area projects, at least 15% of the total units must be inclusionary housing units restricted for occupancy by moderate, low, or very low-income households.
(B) The number and type of inclusionary housing units required for a particular plan area project will be determined at the time of granting GMAs.
(C) At least 40% of the required inclusionary housing units within the plan area project must be restricted to very low-income households. The remaining 60% may be restricted to moderate or low- income households.
(D) Developers cannot pay an in-lieu fee to satisfy the requirements of this chapter for a plan area project.
(E) For plan area projects, should any requirement of the Act conflict with the requirements of this chapter, the Act's requirements will control.
(Ord. 1142, passed 11-7-05; Am. Ord. 1187, passed 3-3-08)