Agenda - 05-15-1990 - Laserfiche WebLink

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i SUBJECT: O R A N G E C O U N T Y BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: May 15 1990 1 Action Agenda Item # PROPOSED ZONING ORDINANCE AMENDMENT ARTICLE 7.14.4 DENSITY BONUS FOR AFFORDABLE HOUSING DEPARTMENT: PLANNING ATTACHMENT(S): Proposed Amendment Orange County Watersheds - map HUD modeling - sample 8/28/89 Public Hearing Minutes 10/16/89 Planning Board Minutes 2/28/90 Public Hearing Minutes 4/10/90 Planning Board Minutes PUBLIC HEARING Yes X No INFORMATION CONTACT: Mary Scearbo ext. 2583 TELEPHONE NUMBERS: Hillsborough -- 732 -8181 Durham - 688 -7331 Mebane - 227 -2031 Chapel Hill - 967 -9251 PURPOSE: To consider 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 could be applied to Planned Developments 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 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 would be binding for at least 15 years.