Evanston, Ill., City Code § 5 § 5-7-4
REQUIREMENTS—GENERAL (Evanston Housing Regulations)
Operative Text
Evanston, Ill., City Code § 5 § 5-7-4
(A) General Requirement. A covered development, containing a minimum of seven (7) covered units is required to meet its inclusionary housing requirement. (B) 7--14 Covered Units. The following are the inclusionary housing requirements for covered developments with less than fifteen (15) covered units, with a weighted average of maximum gross rents at or below sixty (60) percent AMI: 1. 7--9 covered units: One (1.0) inclusionary housing requirement. 2. 10--13 covered units: One point five (1.5) inclusionary housing requirement. 3. 14 covered units: Two (2.0) inclusionary housing requirement. (C) 15+ Covered Units. Fifteen (15) percent of covered units in a covered development of fifteen (15) or more covered units are required to be inclusionary housing units with a weighted average of maximum gross rents at or below sixty (60) percent AMI. The resulting number of units, without rounding, will be the covered development's inclusionary housing requirement. (D) Publicly-Funded Developments. The inclusionary housing requirement for a publicly-funded development is twice (two (2) times) the requirement in Subsection 5-7-4 (B) or (C). (E) Meeting The Inclusionary Housing Requirement. One hundred (100) percent of the inclusionary housing requirement must be provided by the applicant. There are three (3) ways to do so: 1. Option A: Provide the inclusionary housing requirement on-site, rounded up to the nearest whole number. 2. Option B: Provide a portion of the inclusionary housing requirement on-site and pay the remaining portion of the requirement as an in-lieu fee to the affordable housing fund. 3. Option C: Pay one hundred (100) percent of the inclusionary housing requirement as an in-lieu fee to the affordable housing fund.
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Related Rules
§ 9.02
PURPOSE
§ 9.03
AUTHORITY
§ 9.06
OPPORTUNITY HOUSING REQUIREMENT