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Attachment LA <br />SUMMARY OF AFFORDABLE HOUSING POLICIES AND ORDINANCE PROVISIONS. <br />Chapel Hill <br />Size - limited <br />Developers of a major subdivision or a planned <br />development with 5 or more single family or two <br />family residential lots, 25% of units must be less than <br />1,350 sf <br />Affordable Density Bonus <br />Residential Special Standards — Conditional, allows 12 <br />units per acre, a l Oft minimum street back and no <br />buffer requirements. 100% of units must be affordable <br />and have a long -term affordability component <br />Affordable Housing Policy <br />The Council's expectation is that any request for a <br />residential rezoning provide a 15% affordable housing <br />feature. <br />Affordable Housing Payment in <br />May be considered as an alternative. Amount is <br />Lieu <br />determined by multiplying the number of affordable <br />units to be provided by an estimate of funding needed <br />to make a homeownership opportunity in the proposed <br />development available to a household earning less than <br />80% of the area median income for a family of 4. <br />Fee Waiver Policy for Affordable <br />Waived for development applications from non - profit <br />Housing <br />organizations involving residential development that is <br />100% affordable to low /moderate income households. <br />Referral service contract with <br />Residential Developers /Applicants are referred to <br />Orange Community Housing and <br />discuss alternatives available for them to meet the <br />Land Trust <br />Town's affordable housing policies. <br />Single Room Occupancy (SRO's) <br />Rooming House — Combination of 3 -9 lodging units <br />intended primarily for rental or lease for periods of <br />longer than 1 week. <br />Inclusive Mobile/Modular Housing <br />No <br />land use policies <br />Vernacular Architectural Standards <br />No <br />3 of 22 <br />