§ 9-31.030. Application

The procedures identified below contain information and requirements necessary for the submittal and evaluation of proposed affordable housing developments:

A.

Application. Applicants for bonus density shall submit to the City an application for an affordable or senior housing development. The application shall include all requested information, documentation, fees, and signatures before acceptance for review.

B.

Required contents.

1.

Proof of site ownership/control or property owner's signature or Power of Attorney; and

2.

A complete pro forma for the proposed project. The required information shall be prepared in compliance with generally accepted accounting standards and shall include all information deemed necessary by the City for thorough evaluation of the proposal. The City may require the services of specialized financial consultants to review and corroborate the data in the pro forma and analysis. The applicant will be liable for all staff costs incurred in reviewing the documentation as well as those specified in the Schedule of Service Charges on file with the Department of Environmental Services.

(Exh. A, Ord. 1157, eff. July, 22, 2010)