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HomeMy WebLinkAboutPublic Hearing - Handout7f' M018 Section 4-1 210 4.1-210 t 410ED FEES: zi The Reece Shy Council stwk upon ststing an equitable or legal reason for waiver, have the authority to waive any and all fees authorized under this Chapter of Title 4. (Ord. 6153, 9-28-2005) IL OIIWI944)CCtIPIED HOUSING INO INCENTIVE. 1. Pwpow. T`o owner -occupied housin in the CD, CV R-14, and RMF Zones that are also locatedwithin either the DownWMnt or Sunset Area, as represented In the oMchd map of the Efgible Areas for MuWFamgy Housing Incentives, by waiving certain development and mft%o n fees for "For Sale" housing, subject to City Council approval. 2. Map of ft EltglbIs Areas for Multi -Fanny dousing tneendvos. The (Mice of the City Clerk shag maintain a copy of the j;(jgiblg Areas for Muitli-Fan ivbg IpgpUW= M n (_f t3A). The boundaries of the various districts shall be shown on the Map and are hereby made part of this Section, which shall be read and Interpreted In light of the contents of the Map. 3. 9#40b ty Criterhu To qualify for waived fees, projects shall consist of new construction with all of the housing units Platted or condominium "For Safe" housing, and either: a. The project will be a minimum of ten (10) units if in the R-14 Zone and within the Downtown, or a minimum ten (10) dwelling units and in the RMF or R-14 Zone and within the Sunset Area; or b. The project will be a minimum of thirty (30) dwelling units if In the CD Zone and within the Downtown, or a minimum of thirty (30) dwelling units if in the CV Zone and within the Sunset Area. 4. Applicable Fees: Fees which may be waived are: a. Building permit fees; b. Bu8dhlg permit plan review fees; c. Water, surface water, and wastewater system development charges; d. Public Works plan review and inspection fees; and e. Fire, transportation, and parks impact mitigation fees. 5. Applics0ork Process: Persons who intend to apply for the owner -occupied housing incentive fee waivers must disclose their Intard to apply for waived fees prior to the conclusion of the administrative site plat development review period. The application for waived fees must be made to the Community and Economic Development Administrator (or any other City office, department or agency that shall succeed to its functions with respect to this Section) at the time of the land use applichdon, unless otherwise approved by City Council. 6. ReaMIEtWe Covenant AN residential units which obtain a successful fee waiver must contain a restrictive covenant Indicating that the units will bar platted or wig be restricted to condominium housing. After review and approval of the waiver Council and the review and approval of the ~covenant Community and Economic Development by the City Admbnbstmator, the restrictive covenant must be executed and recorded at the applicant's expense prior to the issuance of the building permit for the project, unless otherwise approved by City Council. Failure to timely execute and record time covenant will result In the applicant being responsible for any and all applicable fees and Interest accrued as a result of the delay. T. Cst►cslitttton of Cw4snone Aft the appilaWon has been approved and/or the restrictive covenant Is recorded, If the type of housing to be offered is altered from owner -occupied "For Sate° new housing, all applicable fees must be paid with Interest. hWJA"vw. l ftVA anrlWA Rsni xM/Rwiton04JRsnUm 401/Renton040t210.htmi 1/3 7/18J�18 byre ([harts ON! Sunssb Secdmn 4-1 210 31. Ord. 5095, 9-13-2004; Ord. 5153, 9-26-2005; Ord. 5309, 12 3.201Z; Ord. 5760. 6-222015; Ord. 578Z 12-7-2015) C. RENTAL HOUSING M ?y City 2LX! aGii2n. (Ord. 4913, 5-27-2001; Amd. 5624, 2-1-2010; Ord. 5668, 8-20 2012; Ord. 5676, i. To encoumage new rental housing In the CV, RMF, and R-14 Zones within the Sunset Area, certain development and mitigation fees for rental housing may be waived for eligible projects, subject to City Council approval. Def#titions: in construing the provisions of this subsection, the following definitions shall be applied: akoWdio "Affftrdable housing" means reeldotai housing that is rented by a low-income household whose monthly h g g rent and utilities other than telephone, do not exceed thirty percent pm) of the househote's ly ver, if the fmftWamily housing project is funded with federal low -Income housing tax cred s C) as Sedition 42 of the int"I Revenue Code, a unit will be considered affordable housing if it rented at or al fate for a household at sbcty percent (60%) of the king County median income under Ll!-ITC rules with a deduction for utility costa, itapplicable. The King County LIHTC rents are pub ed annually by n state Housing Finance Commission and are based on unit size assuming Deco cy of one (1) person it and one and one-half (1.6) persons per bedroom. b. "Househoid"Xeans,a single person, family, or unrelated persons living together. Law -income means a single person, family, or unrelated persons living ether whose adjusted income Is at or below sixty nt (80%) of the median income. d. "`Median income" median family income adjusted for family size for ng County, as reported by the United States Department ofHousl nd Urban Development (HUD). to the event th HUD no longer publishes median Income figures for Kind Qounty, City may use or determine such other m od as it may choose m determine the King County median income, adju for household size. e. "kd&family ho using" means one or new buildings designed rental housing, each with four (4) or more dwef8ng Units. f. "Rental housing' means multi -family housing t provides accommodation on a nontranslent basis. This definition includes rental accommodation that is for of at least one month but excludes, for example, hotels and motels that predominantly offer rental a m ation on a daily or weekly basis. 3, Eligibility Criterls: To qualify for waived fees, projects the following criteria: a. The muidafamily housing project fa new con n rental In and � b. The project will be a minimum of eigtlt {8) if in the RMF or 14 done and within the Sunset Area; or c. The project will be a minimum of thirjrf A. Fees: a. Fees which may be I. Buiiding permit 1 units if in the CV Zone witMr► the Sunset Area. H. i3uilding plan review fees; lit. ,surface water, and wastewater system development charges; itir. fjJWIC Works plan review and inspection fees; and Fire, transportation, and parks impact n9ligadon fees. Portion of fames which may be waived: Oct 4e 4P 161-0 z13