In Downtown and adjacent areas, encourage the development of affordable housing for moderate-income households through incentives or requirements such as:

  • Requiring a percentage of units in all new apartment and condominium developments to be affordable to working households with incomes of 80 to 100 percent of the area median family income as defined by the U.S. Department of Housing and Urban Development. Developments may be exempted through payment of an in-lieu fee to go towards development of affordable housing.
  • Establishing a density bonus program where appropriate.
  • Establishing financial incentives for development of affordable housing.