§ 220-69 MFD Multifamily District.
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A. Affirmative devices requirements. Any development application, except a minor subdivision, permitted in the MFD District shall provide an affirmative devices program to achieve affordable housing for moderate- and low-income households as defined by the United States Department of Housing and Urban Development.
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(1) The program shall provide that:
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(a) A minimum of 20% of all units shall be affordable to moderate- and low-income households as defined by the United States Department of Housing and Urban Development.
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(b) An applicant shall submit a statement detailing the development costs of the project at the time of development application submission. The statement shall set forth in sufficient detail financial data for the development of the project to determine compliance with Subsection A(1)(a) above.
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