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Housing Opportunity Ordinance <br />September 7, 2021 <br />Page 8 <br />is attached as Exhibit 1 in red line and clean format with the amendments summarized <br />below. <br />Table 1: Summary of Amendments <br />Code Section <br />Subject <br />City Council Recommendations <br />Title <br />Update Title: <br />The updated title will provide clarity and <br />2021 AFFORDABLE <br />distinction from prior versions of the <br />HOUSING <br />ordinance. <br />OPPORTUNITY & <br />CREATION <br />ORDINANCE <br />41-1901 <br />Definition: <br />The provisions for "Entitled Residential <br />Deletes "Entitled <br />Projects" and "Prior Projects" no longer <br />Residential Project" and <br />apply after October 1, 2021. <br />"Prior Project" definition <br />41-1902 <br />Applicability: <br />This section is amended to revert the <br />Establishes new <br />language to the previous HOO before it <br />standards for projects <br />was previously amended in October <br />that need to comply with <br />2020. The HOO would apply to projects <br />the ordinance <br />that will require a zone change or <br />general plan amendment, including city <br />initiated zone changes and general plan <br />amendments since November 28, <br />2011. The current ordinance only <br />applies to projects that are requesting <br />an increase in the density permitted by <br />the General Plan. <br />Pending City Council direction, this <br />section will also be amended with one of <br />two options for applicability of the <br />Ordinance between projects that have <br />received entitlement approvals and <br />projects that been issued a building <br />permit/paid the HOO in -lieu fee. <br />In an effort to incentivize the <br />construction of extremely low-income <br />units the amendment also adds a <br />percentage of rental units that may be <br />City Council 35 — 8 9/7/2021 <br />