BIL 171 Draft 01 1996-1998 - Laserfiche WebLink

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(b) Requests for rezoning which proposes the establishment of industrial uses generating more than 100 employees will be assessed based on an analysis of jobs generated, the resultant number of households to he supported by those jobs, the projected number of qualified households which may be entitled to housing assistance, and other factors as may be identified. The rezoning approval -holder or its designee shall submit a housing needs assessment to the County Housing Agency as a basis for a determination of the applicable employee -related affordable housing requirement and plan for implementation meeting with the approval of the County Housing Agency. (c) Satisfaction of these requirements will be accomplished through the use of the following alternatives: (1) Provision of affordable housing units within or without the land which has been the subject of the rezoning. (2) In lieu of the provision of affordable housing units, the affordable housing requirement may be satisfied in the following ways, the value of which shall be based upon a calculation of in -lieu fees for a particular rezoning: (A) Payment of in -lieu fees. These fees are calculated by determining the amount of subsidy required to provide housing units affordable to our target groups. The in - lieu fee amount, averaged for the various target groups to be served, amounts to $4,655 per affordable unit required in 1997 dollars. The in -lieu fee amount may be updated by the County Housing Agency on an annual basis. The in -lieu fee amount shall 0743H.Tzw/11-17-97