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Affordable Housing Incentive Zoning Policy Procedures Manual Town Council Adopted June 27, 2023Town of Apex Community Development & Neighborhood Connections Department Planning Department 73 Hunter
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How to fill out affordable housing incentive zoning

01
Obtain a copy of the affordable housing incentive zoning application form from the relevant housing authority.
02
Read the instructions carefully to understand the requirements and the documents needed to support your application.
03
Complete all the necessary sections of the application form, providing accurate and detailed information about your project.
04
Include any additional documents or plans requested, such as architectural drawings, site plans, or financial projections.
05
Review your completed application form and supporting documents to ensure everything is filled out correctly and all required information is provided.
06
Submit the completed application along with all the supporting documents to the designated housing authority either by mail or in person.
07
Pay any required application fees as specified by the housing authority.
08
Keep copies of all submitted materials for your records.
09
Wait for the housing authority to review your application and make a decision. This process may take some time, so be patient.
10
If your application is approved, follow any additional instructions provided by the housing authority to proceed with the affordable housing incentive zoning process.

Who needs affordable housing incentive zoning?

01
Affordable housing incentive zoning is needed by developers, builders, and organizations interested in constructing or renovating housing projects that aim to provide affordable housing options.
02
Individuals or families with low to moderate incomes who are struggling to find affordable housing in their area also benefit from affordable housing incentive zoning as it helps to create more affordable housing units in the community.
03
Local governments and municipalities that prioritize affordable housing and want to encourage its development can also benefit from implementing affordable housing incentive zoning policies.
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Affordable housing incentive zoning is a policy mechanism that allows developers to build additional units or receive other zoning benefits in exchange for including a certain percentage of affordable housing in their projects.
Developers or property owners who are seeking to utilize the incentives offered by this zoning must file for affordable housing incentive zoning.
To fill out the affordable housing incentive zoning application, developers must complete the required forms, provide information about the project, including the number of units, the percentage of affordable housing, and submit any necessary documentation according to local regulations.
The purpose of affordable housing incentive zoning is to increase the availability of affordable housing options in a community while providing developers with incentives to include these units in their projects.
The information that must be reported includes project details such as the total number of units, the percentage designated as affordable, income levels of prospective tenants, and any financial incentives requested.
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