Agenda - 02-26-1990 - Laserfiche WebLink

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1 1c ORANGE COUNTY �+ BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: February 26, 1990 Action Agenda Item # 04b SUBJECT: PROPOSED ZONING ORDINANCE AMENDMENT ARTICLE 7 . 14 .4 DENSITY BONUS FOR AFFORDABLE HOUSING DEPARTMENT: PLANNING PUBLIC HEARING _X Yes No ATTACHMENT(S) : INFORMATION CONTACT: Mary Scearbo Proposed Amendment TELEPHONE NUMBERS: 8/28/89 Public Hearing Minutes Hillsborough - 732-8181 10/16/89 Planning Board Minutes Durham - 688-7331 Mebane - 227-2031 Chapel Hill - 967-9251 PURPOSE: To receive citizen comment on a proposal to provide incentives for the development of housing affordable to low and moderate income families. BACKGROUND: The Report of the Low-Moderate Income Housing Task Force, completed September, 1987, included a recommendation to amend the Zoning Ordinance to increase incentives for new construction of low and moderate-income housing. The proposed amendment provides such an incentive by offering a density increase when affordable housing opportunities are created by a developer. The density bonus provisions apply only to Planned Developments located outside of a protected watershed, and could be applied in one of several ways: 1) A density increase of up to 25% if a percentage of the units or lots are sold or rented to low or moderate income households. 2) A density increase of up to 25% if off-site land area is donated to Orange County for future development of an equivalent number of affordable units. 3) A 50% density increase may if all of the lots/units are reserved for qualifying households. Occupancy would be restricted by a contractual agreement with the Orange County Department of Housing and Community Development, and should be binding for