Orange County NC Website
7 <br />b) A 25% density bonus for duplex or multi - family units may <br />be approved if: <br />i. A minimum of 40% of the units are to be rented to <br />families earning less than 60% of Orange County <br />median income, adjusted for family size, as <br />determined by the U.S. Department of Housing and <br />Urban Development (HUD). (Hereinafter, "median <br />income "). <br />OR <br />ii. A minimum of 20% of the units are to be rented to <br />families earning less than 50% of median income; or <br />c) A 25% density bonus for single- family residential <br />development may be approved if the greater of two (2) <br />units or all of the bonus units are to be sold to <br />families earning less than 80% of median income; or <br />d) A 25% density bonus for single - family residential <br />development may be approved if land with suitable soils <br />or access to public water and sewer is donated to Orange <br />County for the purpose of the development of affordable <br />housing. The donated land shall contain at a minimum <br />the land area needed to develop the greater of two (2) <br />units or the total number of the bonus units, in <br />accordance with the zoning requirements of the district <br />in which ize donated land is <br />located, or with <br />areas; or <br />lot s <br />e) A 50% density bonus may be approved if at least 20% of <br />the units are to be occupied by families earning less <br />than 50% of median income and the remaining 80% of units <br />are occupied by families earning less than 80% of median <br />been bonus inpex lands w <br />which have <br />been <br />bonus pursuant to d) above. <br />7. 4.4.3 Contract for Sale of Sin le -famil Residences <br />Approval of the Special Use Permit shall not occur until <br />there is a contract between the property owner and Orange <br />County, which shall The contract shall on owners <br />reserved lots. beadministeredby (HCD), <br />and shall include the following provisions: <br />a) All sales and resales shall be approved b H CDdto with <br />assure ownership by qualifying buyers <br />the following eligibility criteria. <br />i) Family income, as defined in Article 22 of this <br />Ordinance, at the time of purchase shall not exceed <br />the limits set forth in Article 7.14.4.2. <br />