AHPP

• 2 or 3-unit projects may pay Affordable Housing Fee 

• 4 to 15-unit projects must provide onsite or offsite units  

• 20% of the units onsite (see table) 

• if offsite, 25% more units that would have been required onsite 

•  16-unit or greater projects must provide onsite or offsite units  

• • 25% of the units onsite (see table) 

  • if offsite, 25% more units that would have been required onsite 

   

• Required Affordable Condominium Units are for Moderate Income Households (100% of area median income) if sold, and Low Income Households (60% of area median income) if rented 

• Affordable Housing Unit Development Cost applies when a developer provides onsite or offsite affordable units, but pays a fee for any fractional unit of less than 0.75; (click here for information on the fractional unit fee) 

• Affordable Sales Price Guidelines (see formula criteria)  

  • current area median income is $82,800 [2010]  

  • cost Guidelines say moderate income sales price must be based on no less than 33% of median income and no more than 38% of median income 

  • 33% of $82,800 = $27,324;  38% of $82,000 = $31,464 

  • 2-bedroom adjustment factor is 0.95 

  • $27,324 x 0.95 = $25,957.80/ 12 = $2,163 (rounded) (i.e., 33%) 

  • $31,464 x 0.95 = $29,890.8 / 12 = $2,491(rounded)  (i.e., 38%) 

  • $2,163 per month equals minimum total monthly housing cost, which includes mortgage payment, HOA fees, property taxes, property insurance, and mortgage insurance 

  • $2,463 per month equals maximum total monthly housing cost, which includes mortgage payment, HOA fees, property taxes, property insurance, and mortgage insurance 

  • Click Here for affordable condo sales price worksheet 

  Click Here for Worksheet regarding affordable housing requirements and density bonus incentives 

Developer Options for Satisfying Program 

• Provide affordable units on-site  

• Provide affordable units off-site 

• Pay the Affordable Housing Fee 

• Provide land to City or nonprofit for affordable housing 

On-Site Option 

• 10% of the units for Very Low Income households (e.g., 2-bedroom rent at $983 {using 2010 rent limits}) 

• 20% of the units for Low Income households (e.g., 2-bedroom rent at $1,180 {using 2010 rent limits}) 

• If project in non-residential zone, 100% of the units for Moderate Income households (e.g., 2-bedroom rent at $1,967 {using 2010 rent limits})  

  • See 2012 Income and Rent Limits (30% affordability standard) for details 
   

• Units have minimum size requirements, and must be 2-bedroom units unless at least 95% of project is 1-bedroom and/or single units 

• Providing units on-site will automatically qualify the project for a density bonus (discuss with City Planning for details) 

• Affordable Housing Unit Development Cost was increased by City Council on June 14, 2011;  this cost applies when a developer provides onsite or offsite affordable units, but pays a fee for any fractional unit of less than 0.75; 

• More details on the On-Site option 

Off-Site Option 

• same as on-site option immediately above 

• More details on the Off-Site option 

Fee Payment Option 

• $27.57 / square foot for apartments (effective 11/10/12; updated annually) 

• $33.30 / square foot for condominiums (effective 11/10/12; updated annually) 

•  Click here for more info 

• These fees and are applicable to projects whose applications were deemed complete after December 9, 2005 

• More details on the Fee Payment option 

Land Option 

• More details on the Land option  

• Reports on Implementation of this Program  
• For additional information, please call Jim Kemper at 310.458.8702 or City Planning at 310.458.8341