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HERITAGE VILLAGE LLC-2017
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HERITAGE VILLAGE LLC-2017
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Last modified
6/29/2017 11:03:29 AM
Creation date
5/8/2017 10:34:17 AM
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Contracts
Company Name
HERITAGE VILLAGE LLC
Contract #
A-2017-041
Agency
Planning & Building
Council Approval Date
2/21/2017
Destruction Year
0
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HOUSING Al-TERNATIVES <br />Select the applicable alternatives to indicate how the project will comply with the <br />inclusionary housing requirement: <br />Un -site construction of inclusionary units <br />X €n -lieu fee payment for entire obligation' <br />In -lieu fee payment for fractional unit <br />Land dedication <br />Note: For development projects with more than 20 units requesting in -lieu fee payment <br />to fulfill their inclusionary obligation, "substantial evidence" that the cost of providing <br />inclusionary units on Site would substantially exceed the amount of the applicable in -lieu <br />fee is to be provided with this application. <br />Please complete the following table(s) as it applies to your project proposal: <br />€'ro Deed Menta] Rusinfro"ects: <br />Percent <br />of Total <br />Units <br />If the calculation of the number or required inclusionary hausing units results in a fractun, t#io developer has the option to <br />(a) provide an sddittor,ai inclusionary housing unit or (h) pay an In -Lieu Fee equal to the perrentage rworesenled by the fractional <br />inclusionary holisinq € rft multiplied by the applicable In -Lieu Fee <br />SPage 2 of 4 <br />:fi'iaaning�Clerical-� oEtnief Fornislhl(�4apFlfcaEion <br />1115 <br />Number of <br />Unit Size <br />Number of <br />Number of <br />Very -Low <br />Total <br />Number of <br />(Square <br />Market Rate <br />Low Income <br />income <br />Number <br />Bedrooms <br />Feet) <br />Units <br />Units <br />Units <br />of Units <br />Studio <br />587 <br />I._ 327 <br />748 <br />Sol <br />2 <br />l <br />112.1 <br />359 <br />_ <br />3 <br />4 <br />1434 <br />$34 <br />Total <br />849 <br />1221 <br />Percent <br />of Total <br />Units <br />If the calculation of the number or required inclusionary hausing units results in a fractun, t#io developer has the option to <br />(a) provide an sddittor,ai inclusionary housing unit or (h) pay an In -Lieu Fee equal to the perrentage rworesenled by the fractional <br />inclusionary holisinq € rft multiplied by the applicable In -Lieu Fee <br />SPage 2 of 4 <br />:fi'iaaning�Clerical-� oEtnief Fornislhl(�4apFlfcaEion <br />1115 <br />
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