Title 17F Construction Standards
Chapter 17F.040 Building Code
Section 17F.040.040 Affordable Housing
“Affordable housing” is defined as housing that has a rental rate at or below thirty percent of fifty percent of area median income adjusted for family size, and which is committed to such rental rate for a period of at least ten years by means of a recorded regulatory agreement between the owner(s) and the City, enforceable by the occupants of the housing.
Date Passed: Monday, May 23, 2016
Effective Date: Thursday, June 30, 2016
ORD C35389 Section 5
