§ 18.12.203. Parking Reduction for Affordable Housing Projects.

(a)

Conditions for Parking Reduction. Parking reductions for residential developments (new development, infill, and acquisition/rehabilitation) that meet the affordability guidelines stated in Section 18.12.201 above will be granted if:

(1)

The project can demonstrate that either parking cannot be provided in compliance with Section 18.12.1102, as may be modified by other provisions of this title, or additional amenities can be provided with the reduction of parking;

(2)

The project is within one mile of an employment base of at least 1,500 employees;

(3)

Availability of public transportation can be demonstrated; and

(4)

The project is located no closer than one-half mile to another previously approved project that has met the above guidelines and received a parking reduction.

(b)

Parking Reductions Allowed. If the above guidelines are met, then parking will be reduced by the following:

(1)

Each unit dedicated to households earning 60 percent of adjusted median income (AMI) may receive a 20 percent reduction to the parking requirements.

(2)

Each unit dedicated to households earning 50 percent of AMI may receive a 30 percent reduction to the parking requirements.

(3)

Each unit dedicated to households earning 40 percent of AMI or less may receive a 45 percent reduction to the parking requirements.

(Ord. No. 5821, § 1, 4-5-06)