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Agenda - Council Work Session - 01/28/2014
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Agenda - Council Work Session - 01/28/2014
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3/17/2025 4:17:08 PM
Creation date
1/29/2014 11:18:41 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
01/28/2014
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Long -Term Affordability -Rental: <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Projects that demonstrate the ability to serve tenants for longest <br />period of time. Chose 1 (or chose all that apply) and insert total <br />number of units. <br />30 years or more= 10 points <br />15-29 years = 8 points <br />10- 15 years = 3 points <br />(Deed restriction will be required for homes constructed with affordability <br />limits in order to earn points) <br />Affordable Housing - Ownership: <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Points will be given for homes priced at greater affordability levels. <br />Chose 1 (or chose all that apply) and insert total number and percent <br />of units at each affordability level: <br />30% of units between 60 and 80% AMI = 5 points <br />30% of units at 60 and below 80% AMI=7 points <br />30% of units at 30% or less AMI= 10 points <br />(Proposed affordable lots shall be deed restricted and scattered throughout <br />the development) <br />Long -Term Affordability -Owner -occupied Housing: <br />Projects that demonstrate the ability to serve tenants for longest <br />period of time. Chose 1 (or chose all that apply) and inset total <br />number of units. <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Housing Assistance Policy Final Draft —Affordable (01/03/2014) <br />7 <br />
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