Summary

Targets or goals should be used for inclusion of affordable housing in the East Sammamish Community Plan Area, and King County should work cooperatively with the developer to assure that these targets are reached.

Story

Description

134-80R (6497)

Development Condition Text

134-80R (Ordinance 6497)

(Condition #1 as carried forward by East Sammamish Community Plan Area Zoning - ES-P3)

1. The following targets or goals should be used for inclusion of affordable housing, and King County should work cooperatively with the developer to assure that these targets are reached: Ten percent of the units for households below 80% of the County median income provided that federal or other publicly funded housing subsidies are available, except that the owner may be required to set aside sufficient land for that purpose, if such subsidies are not available. In that event, land may be required to be set aside for a period of up to five years from the date of set aside at a value calculated as follows: the area of the set-aside land multiplied by the average per square foot assessed value of the property in the phase of the year in which the phase is granted approval. Computations shall be based on King County Assessor information. If federal or other publicly-funded housing subsidies become available during the set-aside period, the applicant or its successor shall cooperate with the public agency involved in the development of such housing units. If such subsidies do not become available during the set-aside period, the set-aside land shall be released for other development consistent with the approved Hestnes master plan, and the requirement of housing for households below 80% of the County median income shall be re-evaluated at the next phase. Ten percent of the units for households between 80% and 100% of county median income. Ten percent of the units for households between 100% and 120% of county median income. County median income shall be determined annually by the King County Housing and Community Development Division. The above housing shall contain a reasonable mix of elderly and family units. The above housing shall be dispersed throughout the development and included in all phases of the development. Prior to submission of development plans for each phase, the applicant shall consult with the King County Housing and Community Development Division to determine the specific number of low/moderate/median income housing units to be developed in the proposed phase. The term "phase" as used in these conditions means a portion of the site which is the subject of an application for approval of a subdivision, planned unit development or rezone. The following is the minimum schedule for the construction of the housing called for above: (See Table in July 15, 1983 Office of the Zoning and Subdivision Examiner report, page 13.) The foregoing table represents a preliminary schedule. A specific schedule shall be submitted for review with each application for development approval of any phase of development. The application will be reviewed to establish the percentage in that phase for each of the above housing income levels. The minimum level for the first 800 units shall be complete before the application can obtain approval for any development of the next 800 units. Criteria for establishing the amount for each phase shall include King County-wide as well as community plan area population characteristics, market, and economic factors, including but not limited to: 1) cost of construction and financing; 2) cost of existing housing; 3) housing types and sizes available; 4) percentage of population within each income level; 5) employment opportunities; 6) availability of publicly-funded housing programs for low income persons; 7) amount of existing publicly-assisted housing in the surrounding area; 8) overall need King County-wide for housing in each of the above income categories for senior citizens and families.

Current Ordinance

12824

Effective Date

August 18, 1997

History

Adopted by Ord. 12824, 08/18/1997

View Map for ES-P16

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