Chapter 18.77


18.77.010    Affordable housing – Purpose and intent.

18.77.020    Applicability.

18.77.030    Requirements.

18.77.010 Affordable housing – Purpose and intent.

The purpose of this chapter is to implement, through regulations, the responsibility of the City under the Washington State Growth Management Act to consider the housing needs of all economic segments of the community, and to assure an adequate affordable housing supply in the City. The City recognizes that the marketplace is the primary supplier of adequate housing for those in the upper economic groups, but that some combination of appropriately zoned land, regulatory incentives, innovative planning techniques, and requirements will be necessary to make adequate provisions for the needs of households whose incomes are at or below median income. [Ord. 11-0329 § 3 (Exh. 1).]

18.77.020 Applicability.

The provisions of this chapter shall apply to multifamily residential developments proposed on property four acres or greater in size within the downtown residential or downtown commercial zones that lie west of 68th Avenue NE, and which are providing for more than 20 multiple-family dwelling units. [Ord. 11-0329 § 3 (Exh. 1).]

18.77.030 Requirements.

A. Affordable housing units amounting to 25 percent of the total number of units in the development shall be provided. Housing shall be affordable to those who make equal to or less than 85 percent of the King County median household income adjusted for household size.

B. Unit size mix shall be comparable to the market mix, units shall be integrated into the whole development, and affordable units shall match the tenure of the whole development, unless otherwise authorized by the City.

C. Subject to City authorization, the affordable units need not be provided within the development, but must be provided within the downtown commercial, downtown residential, urban corridor, waterfront commercial, or regional business zone. Units may be either rented or sold. Off-site affordable housing may be provided if the City finds that:

1. The location chosen does not lead to undue concentration of affordable housing in any particular area of the City; and

2. The site is within close proximity to employment opportunities and/or transit services; and

3. Adequate infrastructure and municipal services can be provided.

D. Monthly rents, including utilities where applicable, shall be no greater than 30 percent of the monthly income for households earning up to 85 percent of the King County median household income adjusted for household size. Home prices considered affordable for buyers earning up to 85 percent of the King County median household income adjusted for household size shall be determined by the City. Covenants shall be established which guarantee the fulfillment of this obligation. [Ord. 14-0391 § 2 (Exh. 1); Ord. 13-0363 § 5; Ord. 11-0329 § 3 (Exh. 1).]