23C.12.030 General Inclusionary Requirement: 20% of Units

A.    Any project subject to this chapter is required to include at least 20% of the total number of Dwelling Units within the project as Inclusionary Units, except that Limited Equity Cooperatives are required to include at least 51% of their units as Inclusionary Units.

B.    In applying the percentages above, any decimal fraction above a whole number of Dwelling Units shall be paid as an in-lieu fee.

C.    For the purpose of determining the median income levels for Households under this chapter, the City shall use the Oakland Primary Metropolitan Statistical Area (PMSA) statistical figures that are available to the City from the most recent U.S. Census. (Ord. 6478-NS § 4 (part), 1999)