HomeMy WebLinkAboutAppendix M.0 - AH_Affordable Housing Application 03-24-2021AH
Affordable Housing Required Materials Page 1 of 7 Revision Date 06-22-2020
Required Forms: A1, AH Recommended Forms:
AFFORDABLE HOUSING PLAN APPLICATION The City of Bozeman’s Affordable Housing Ordinance requires that any new subdivision development, site plan or annexation of 10 units (single detached or attached townhomes) or larger are required to submit an Affordable Housing Plan. This application is to be submitted in conjunction with a development plan. Please also provide a site plan highlighting the proposed affordable housing lots. 1.PROJECT DESCRIPTIONDevelopment Name:_____________________________________________________________________________________________ Description:______________________________________________________________________________________________________ Property Owner Name:_____________________________________________________________________________________________________________ Full Address:_____________________________________________________________________________________________________ Phone:____________________________ Email:____________________________________________________________________ Applicant Name:_____________________________________________________________________________________________________________ Full Address:_____________________________________________________________________________________________________ Phone:____________________________ Email:____________________________________________________________________ Representative Name:_____________________________________________________________________________________________________________ Full Address:_____________________________________________________________________________________________________ Phone:____________________________ Email:____________________________________________________________________ Property Full Street Address:_____________________________________________________________________________________________ Full Legal Description:__________________________________________________________________________________________ Current Zoning:_____________________ Current Use:_____________________________________________________________________________________________________ Community Plan Designation:__________________________________________________________________________________
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Affordable Housing Required Materials Page 2 of 7 Revision Date 06-22-2020
Required Forms: A1, AH Recommended Forms:
1.QUANTITY AND TYPE OF AFFORDABLE HOUSING UNITSThe City of Bozeman’s Affordable Housing Ordinance requirements: -10% of all units must be built lower priced (70% AMI) or-30% of all units must be built moderately prices (90% AMI) or-A combination of lower priced and moderately priced home to meet the requirements
Townhomes Detached Homes Total Total Units in Development Market Rate Units Lower Priced Units – 10% of Total or Moderate-Priced Units – 30% of Total Fractional Units (Cash-in-Lieu) When entering numbers into the above table, if required number of units is as a decimal, the developer/builder has the option to round up to the next whole number of units or pay cash-in-lieu to cover that partial unit. -Example:(14 total units = 1.4 lower-priced, build 2 or build 1 and pay .4 * Cash-in-Lieu Rate)2.CITY OF BOZEMAN MAXIMUM HOME PRICE & CASH-IN-LIEU SCHEDULE – 2020 AMIPricing for homes in the Affordable Housing Program are set annually and are based off of the US Department of Housing & Urban Development’s (HUD) annual Area Median Income (AMI).
2020 Maximum Home Prices
Allowed Sales Prices
Studio
(AMI for 1-person
household)
1 Bedroom (AMI
for 2-person
household)
2 Bedroom (AMI
for 3-person
household)
3 Bedroom (AMI
for 4-person
household
Lower-Priced Home at 70%
AMI $189,573 $219,736 $245,604 $274,877
Moderate-Priced Home at 90%
AMI $255,945 $296,290 $330,781 $368,899
2020 Cash-in-Lieu Rates
Formula 1 Bedroom 2 Bedrooms 3+ Bedrooms
(Median Market Rate Sale Price –
Lower-Priced Home Sales Price)
$430,750 - $219,736 $353,694 - $245,604 $378,064 - $274,877
Cash-in-Lieu $211,014 $108,090 $103,187
2020 Fractional Fee Scale in Dollars
.1 .2 .3 .4 .5 .6 .7 .8 .9
1 bedrm 21,101 42,203 63,304 84,405 105,507 126,608 147,710 168,811 189,912
2 bedrm 10,809 21,618 32,427 43,236 54,045 64,854 75,663 86,472 97,281
3 bedrm 10,319 20,637 30,956 41,275 51,593 61,912 72,231 82,550 92,868
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Affordable Housing Required Materials Page 3 of 7 Revision Date 06-22-2020
Required Forms: A1, AH Recommended Forms:
3. ELIGIBLE SUBSIDIES & PROCEDURAL ADJUSTMENTS (CHECK THOSE THAT APPLY BASED ON PROPOSED UNITS)Expedited Permit Review (All AH) Reduced Minimum Lot Sizes (All AH) Down Payment Assistance (70% AMI Sales Price & up to 80% AMI Buyer) Impact Fee Subsidy (70% AMI) Simultaneous Construction of Housing and Infrastructure (70% AMI) Reduced Parking (70% AMI) Reduction of Parkland (70% AMI) Explain the subsidies & procedural adjustments being requested:
4.AFFORDABLE HOUSING PLANThe Affordable Housing Plan must include answers to the following questions. 1.Explain the timing of the delivery of the affordable homes in relation to the market-rate homes inthe development?
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Affordable Housing Required Materials Page 4 of 7 Revision Date 06-22-2020
Required Forms: A1, AH Recommended Forms:
2.Construction of affordable homes is required to be consistent with the makeup of the rest of thehomes in the development. What is the mix of 1, 2 and 3+ bedrooms among market rate unitsand how will the affordable homes that are being proposed match with that?
3.Explain the construction plan for the affordable homes in the development including anytimelines for the projects
4.Does the site have any unusual features (terrain, wetlands, rock outcroppings, streams, etc.)a.List any unusual features here.
Townhomes Detached Homes Total 1 BDR 2 BDR 3+ BDR 1 BDR 2 BDR 3+ BDR Market Rate Units Lower-Price-Units Moderate-Priced Units
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Affordable Housing Required Materials Page 5 of 7 Revision Date 06-22-2020
Required Forms: A1, AH Recommended Forms:
5.Are there any other special features within the development (how does the project meet thegreen building/renovation guidelines, cottage housing, common open space, dedicate parks,etc.)?a.List any special features here.
6.Explain the marketing plan for the sale of the affordable homes in the development. If you aregoing to be working with any partners, please list them here. (Possible partners include HRDC,the City of Bozeman, etc.)
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Affordable Housing Required Materials Page 6 of 7 Revision Date 06-22-2020
Required Forms: A1, AH Recommended Forms:
7.Plan for the construction of Affordable Homes in a phased development. The Affordable Homesbeing built need to be consistent with the market-rate homes in development. If the exactnumber of units in a phased development is not known, the developer may estimate the totalnumber of affordable homes (if not a phased development, do not fill out this part).
8.If Affordable Homes are not being built there may be two alternatives:a. Cash-in-lieu may be used as an alternative means to satisfy the requirements of theAffordable Housing Ordinance (1922). Approval must be received from the AffordableHousing Program Manager. Cash-in-lieu will be determined at time of application basedon the current AMI for the area. (describe cash-in-lieu plan below if requesting thisoption):
b.Land-donations may be used as an alternative means to satisfy the requirements of theAffordable Housing Ordinance (1922). Approval must be received from the AffordableHousing Program Manager. Land donation values and amount will be determined at timeof application based of the current AMI for the area. (describe land-donation plan below ifrequesting this option):
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 Studio/1 Bedroom 2 Bedroom 3 Bedroom
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Affordable Housing Required Materials Page 7 of 7 Revision Date 06-22-2020
Required Forms: A1, AH Recommended Forms:
9.The submission of a final affordable housing building permit form (AHB) is required in additionto other required documents at the time of building permit application.10.I hereby certify and attest to the following:a.I am an authorized representative of the property owner/developerb.I understand that this AHO plan, when approved, will become part of a recordeddevelopment agreement in which I will agree to comply with all requirements of the AHOordinance and Administrative Procedures including but not limited to:i.Requirements for design, timing of delivery, marketing and sale of AHO Homesii.Required AHO prices and maximum qualifying incomes of buyers that are in effectat the time of marketing and sale of the homes and the requirements for timing andamounts of payment of cash-in-lieu and or acceptance and transfer of donatedproperty.Submitted this the ______ day of _____________, 20______by
__________________________________________________________________ ______________________ Signature of Developer, Owner or Representative Date __________________________________________________________________ Printed or Typed Name City Staff Recommendation for Approval of the AHO Plan (to be signed only for the final AH plan) I hereby recommend this AHO Proposal for approval by the City of Bozeman
__________________________________________________________________ ______________________ Signature of Affordable Housing Program Manager Date __________________________________________________________________ Printed or Typed Name
__________________________________________________________________ ______________________ Signature of Community Development Director Date __________________________________________________________________ Printed or Typed Name
CONTACT US Alfred M. Stiff Professional Building 20 East Olive Street 59715 (FED EX and UPS Only) PO Box 1230 Bozeman, MT 59771
phone 406-582-2260 fax 406-582-2263 planning@bozeman.net www.bozeman.net