§ 7.10. Affordable/workforce housing bonus.

Latest version.

A.

Purpose and intent. To provide a density bonus of up to one dwelling unit/acre for development within any residential or business land use category to encourage construction of affordable/workforce housing and establish criteria and development standards for achieving the bonus.

B.

Affordability is defined as gross family income that is below 80 percent of the median income adjusted for family size or as may be established by federal, State of Florida or Pasco County.

C.

Criteria.

1.

Development must include a minimum of 20 percent of the total number of dwelling units as affordable.

2.

Provide assurances that the housing will remain affordable for a minimum of 15 years from receipt of a certificate of occupancy for the unit via deed restrictions, covenants or other acceptable guarantee.

(Ord. No. 11-01, § 2, 1-10-2011)

                    
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