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Item 4 - Low-Income Prop Tx Ex.
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Item 4 - Low-Income Prop Tx Ex.
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6/9/2010 1:09:41 PM
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8/9/2004 11:49:56 AM
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Agenda Item Summary
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8/9/2004
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Santa Clara V~dlage 3- 8 August ~6, 2002 <br />S~ V"ra~t de Paul Soaety ~ ~, Inc. <br /> <br /> PROJECT DESCRIPTION <br /> <br />You must Include the following Information with the Project Concept: <br /> <br /> Site control document <br /> · A zoning letter from the local jurisdiction that evidences the intended development is an outright <br /> use or if the use is allowable with conditions. <br /> · If the intended development is allowed only with conditions, provide evidence that application for <br /> conditional use has been made. <br /> <br />Unit density of site per local zoning code: <br /> <br />Maximum # units 90 Minimum # units none Proposed # units 60 <br /> <br />Size of site: (one acre = 43,560 square feet) <br /> <br /> Acres: 3 acres or Square Feet: <br /> <br /> Are aH utilities presently at If no, what needs to be brought to <br /> site? (yes/no) no the site? Storm sewer <br /> <br />Proiect Rent and Income Levels: <br /> Rent % - number of units Income % - number of units <br /> Over 81% <br /> 61% to 80% of median <br /> 51% to 60% of median <br /> 41% to 50% of median 40 46%--40 units <br /> 31% to 40% of median 20 40%-20 units <br /> 1% to 30% of median <br /> No Income <br /> <br /> Total Units: 60 Number Of Years to be Affordable: 50 <br /> <br />If the number of rental and income units do not match in a percentage classification in the Project Rent <br />and Income Levels table above, tell us the reasoning behind your choices. <br />Ail unit rents are set at 40-46 % of ar~ median income <br /> <br />Are the residential units available to the general public? (yes/no) yes <br />If no, please explain: <br /> <br />Will the project have a community room, common area or commercial space? (yes/no) yes <br />If so, please describe the nature and intended use of these rooms. <br /> <br /> <br />
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