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This document outlines the establishment of an affordable housing linkage fee in the City/County of ____________ to increase the supply of affordable housing, including purposes, definitions, exemptions,

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What is affordable housing linkage program?

The affordable housing linkage program is a policy that requires new real estate developments to contribute a certain amount of affordable housing units or make a payment towards the creation of affordable housing in order to mitigate the impact of the development on the availability of affordable housing.

Who is required to file affordable housing linkage program?

Real estate developers or property owners who are undertaking new development projects that meet the criteria specified by the local government are usually required to file an affordable housing linkage program.

How to fill out affordable housing linkage program?

The requirements and process for filling out an affordable housing linkage program vary depending on the specific local government jurisdiction. Generally, developers or property owners must complete the necessary forms, provide all requested information, including project details, proposed affordable housing contribution or payment, and any supporting documentation, such as financial statements or feasibility studies.

What is the purpose of affordable housing linkage program?

The purpose of the affordable housing linkage program is to ensure that new real estate developments contribute to the availability and affordability of housing in the community. It aims to address the potential negative impacts of development on housing affordability by requiring developers to provide affordable housing units or make financial contributions towards affordable housing projects.

What information must be reported on affordable housing linkage program?

The required information to be reported on an affordable housing linkage program typically includes project details, such as location and description of the development, number and size of affordable housing units proposed, proposed affordable rent or sales prices, the method of contributing to affordable housing (e.g., on-site units or payment), and any supporting documentation as required by the local government.

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