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Home My WebLink About006.01 Appendix E.1 - AH Application& Draft Agreement BOZEMANMT AFFORDABLE HOUSING PLAN APPLICATION Project Development Name: 24-532 Wallace Works Phase 2 - Site Plan Project Description: Site Plan Review for a Mixed Use Building Property Information Property Address: 801 North Wallace Avenue Property Owner: Bangtail Partner, LLC Legal Description:MINOR SUB 3, S06, T02 S, R06 E, Lot 3, NOR PAC ADD BOZ AMND PLAT C-23-Al8 Property Geo-Code: 06-0799-06-4-19-39-0000, 06-0799-06-4-17-01-0000, 06-0799-06-4-17-02-0000, &06-0799-06-4-19-31-0000 Current Zoning: NEHMU County Tax ID#:000RGH3296, OOORGH2337, OOORGH2336, OORGH48588 Applicant Information Name: Bangtail Partner, LLC - Greg Avis Business Name:Bangtail Partner, LLC - Greg Avis Business Address: PO Box 2652 Dept 35, Menlo Park, CA 94026 Business Phone:406.539.1176 Cell Phone: 406.539.1176 Email: erik@nest-partners.com Please attach a contact list of all other property owners, business partners, developers and/or investors associated with this project, with the above information provided for each. Affordable Housing Number of Residential Units Total: 65 Units Number of Bedrooms Total:92 Bedrooms Number of Affordable For-Sale Units: NA Number of Affordable Bedrooms: NA Affordability Targets(120%AMI Minimum): NA Number of Affordable Rental Units: 7 Units Number of Affordable Bedrooms: 7 Bedrooms Affordability Targets(80%AMI Minimum): $1,526-Studio, $1,744—One-Bed Affordability targets and Area Median Income information will be updated on an annual basis, in accordance with annual AMI updates by the US Department of Housing and Urban Development(HUD). Incentives Please include a complete list of all incentives requested in your affordable housing plan narrative. Submit the affordable housing plan along with your development application. Please visit the Development Center for more information and to submit your application via ProlectDox. AFFORDABLE HOUSING PLAN APPLICATION 1 BOZE MAN MT SIGNATURES This application must be signed by both the applicant(s) and the property owner(s) (if different). I (we), by signature below, certify that the information supplied in this application is, to the best of my (our) knowledge, true, accurate, and complete, and is provided for the purpose of obtaining approval to receive affordable housing incentives. I (we) understand that failure to comply with the terms of the Affordable Housing Ordinance may result in revocation of an award. (we) understand the work to be undertaken must be in accordance with all applicable requirements of the Bozeman Municipal Code and any special conditions established by the approval authority and must receive all required approvals prior to commencing the work. An approved affordable housing plan is a binding contract between the developer and the developer's successors in interest to the lot or dwelling, and must be included in a separate written agreement between the developer and the City, or incorporated into another recorded document in which the developer is required to implement the affordable housing plan. Applicant(s) (Print Name) Bangtail Partner, LLC - Greg Avis 1-14-25 Signature of Applicant Date Property Owner(s) (Print Name) Bangtail Partner, LLC - Greg Avis 1-14-25 Signature of Property Owner Date AFFORDABLE HOUSING PLAN APPLICATION BOZE MAN MT ADDITIONAL INFORMATION 1. Project Narrative Provide an overview of the project in narrative format.The narrative must include a description of the following aspects of the project: ■ Type of Residential Units o Total number and individual square footage of residential units; type of residential units (e.g. for-sale, rental, condominium, single-family, etc.); number and type of parking spaces provided; and construction phasing. ■ Project Timeline o Include anticipated dates for site acquisition, project start and completion, as well as other project milestones. Multi-phase projects must include details for each phase. The timeline should also identify any critical or time-sensitive dates as well as any time constraints facing the applicant. ■ Construction Information o Size of any existing structure to be demolished or rehabbed; size of any new construction; types of construction materials (structural and finish); delineation of square foot allocation by use. ■ Affordable Housing Information o The City of Bozeman has established goals to increase the supply of affordable housing in the city. Provide a detailed narrative response to each criterion and include supporting documentation to include a description of the affordable housing elements of the project. ■ Sustainability Features o Please describe any sustainable features. Not required, but highly encouraged 2. Site Maps and Building Plans The Applicant must submit a completed Conceptual Review Application (CONR) with the Planning Department, in accordance with appropriate application procedures. The Conceptual Review application must include, at minimum: ❑ Photographs of project site and/or building ❑ For requests of smaller lot sizes per the AHO incentives, please provide preliminary platting information showing the proposed affordable lots that will be deed restricted ❑ Map showing the location of the site and its immediate surroundings ❑ Proposed development plans including site plans, floor plans indicating square footage, layout, and building elevations ❑ Description of parking accommodations for residential units ❑ Estimated date of occupancy ❑ Anticipated off-site infrastructure improvements, including anticipated costs ❑ Copy of Concept Review comments AFFORDABLE HOUSING PLAN APPLICATION BOZE MAN MT CRITERIA FOR AFFORDABLE HOUSING PLAN To qualify for low income affordable home incentives,the developer must submit to the City an affordable housing plan that includes the information and complies with the standards in this section. The review authority may approve the affordable housing plan if the review authority finds that it includes the information required for the city to confirm compliance with the standards and criteria in the AHO. Please note the plan sheet number and title in ProjectDox depicting or describing each criterion. Affordable Home Incentive Requirements Information Required 7 AH-58 MR ❑ 1. The total number of affordable homes, and market rate homes in the proposed development File 006 Appendix E ❑ 2. The table in 38.380.020 to be applied to the affordable housing plan Listed above 3. The number of bedrooms in each proposed low income affordable home, and market rate 7AH-58MR ❑ home in the development File 006 Appendix E-For Rent El4. Whether each affordable home will be offered for rental or for sale Lower Levels of building ❑ 5. The location of affordable lots or units in the development Listed above$1 526-Studio, El6. The applicable AMI and maximum rental or sales price applicable to each home , $1,744—One-Bed Parking Reduction ❑ 7. A description of the requested incentives from section 38.380.040 NA ❑ 8. Any other information that is reasonably necessary to evaluate the compliance of the affordable housing plan with the requirements of the AHO This project is not broken into whaeseesat the p Vaditlo..tosense Phased Construction(if Applicable) h ter phases would be years later.This project is broken into two phases primarily to allow for construct on ona^ei^9t°°ewill 9. The required information may include specific commitments for the first phase of Construction on all buildings will begin shoofly a site review and builduaiefthe submittn and development and estimates for later phases of development provided the combination of likely in permit submittal,which is ❑ project tonsoury cons once the committed and estimated low income affordable homes in the development equals or project starts construction It will not stop until all buildings a complete.The ge to but things be able to �e exceeds the minimum required to qualify for the incentives requested to be be occupied as they are finishedem,rather than hearing i ing units st pty while the remaining bulldingswrapup. 10. As the number of low income affordable homes for each later phase is finalized,the developer NA-Project is Single ❑ must submit an update to the affordable housing plan including or updating the information Phase required in this section. The review authority shall review and approve, approve with conditions, or deny the update using the criteria in this section Development Standards for Affordable Homes Meets5%threshold El qualify The number of affordable homes must meet or exceed the minimum standards needed to 65'5%=3.25 Units qualify for the applicable incentive in section 38.380.030 Studio and 1-beds make up a combined 12. The mix of bedrooms per unit in affordable homes must be as similar as possible to the mix of 70%of all of the units ❑ the mix is as similar as bedrooms per unit of the market-rate homes in the development possible Yes-all units have El13. Access to shared amenities and services by residents of the affordable homes must be the same access to amenities same as to those in market rate homes in the development 14. If the development is to be constructed in phases,and the developer has requested affordable NA-Not Phased ❑ housing incentives, at least 75 percent of the dwelling units in each phase must be affordable homes, unless the city has received adequate legal or financial assurance that any shortfall during earlier phases will be constructed before approval of the final phase of development AFFORDABLE HOUSING PLAN APPLICATION 4