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to <br />9. Require all new .residential and commercial developments in the County and <br />Towns seeking zoning approval and/or permits to contain at least 15% of affordable <br />units (for families at $0% or less of median income) in residential projects, or a donation <br />of land for commercial developments. Further, these projects should be exempt from <br />associated project development fees. [Reference: Zoning Subcommittee Report] See <br />the attached memorandum regarding recent projects approved by the Council as an <br />example. <br />10. Declare the Year 2002 "The Year of Affordable Housing" and implement a public <br />education campaign defining affordable housing. [Reference: Education <br />Subcommittee Report] <br />Strategies <br />I. Finance <br />• Seek local government commitment to_fund affordable housing initiatives with: <br />• Bonds <br />• Local Property Taxes <br />• Rental License Fees <br />• Challenge local governments to further avail themselves of the following funds and <br />commit them to affordable housing initiatives: <br />Economic Development Initiative Funds (EDI) <br />• HUD Section 108 Loan Guarantee Funds <br />• Individual Development Accounts (IDA) <br />• Seek state legislation to fund affordable housing initiatives from: <br />• Corporate Tax Credits <br />• Linkage Funds <br />• Restructured Property Taxes <br />• Title Transfer Fees <br />• Reserve Fund Set-asides <br />• Special Taxes <br />• Encourage Public/Private Initiatives such as: <br />• Private Placement Bonds . <br />• Seattle-style Philanthropy <br />• Affordable Housing-Friendly Foundations <br />II. Land-Use/Zoning <br />Review the inter-relationship between land use policies and affordable housing <br />relevant to land costs, availability of water and sewer systems, density controls, and <br />