Projected Linkages Between Market Rate and Inclusionary Housing Development Process


 
Development Process (Abbreviated) for Multifamily Housing Component Months (28 total) Linkage
Application/approval of legislative entitlements 1st through 7th Primarily master land developer actions;
8th Significant linkages in phasing plans
Negotiation for land with affordable developer 4th through 7th  Primarily master land developer actions
Executed land contract, initial due diligence 7th through 9th Primarily affordable housing developer actions
Inclusionary Housing Plan approved 5th through 7th Primarily master land developer actions;
8th Significant linkages in phasing plans
Plan review submitted for inclusionary component 11th through 14th Primarily affordable housing developer actions
Financing plan developed, commitments sought 8th through 14th Primarily affordable housing developer actions
Final map submissions for market rate units 12th through 15th Primarily master land developer actions
Inclusionary Housing Agreement signed 15th Significant linkages in phasing plans
Map filed, subdivision improvements begin 15th Significant linkages in phasing plans; 
16th through 22nd Primarily master land developer actions
Special permit for market rate units submitted 17th through 20th Primarily master land developer actions
External funding sought for affordable housing 16th through 24th Primarily affordable housing developer actions
A percent of permits issued on market rate housing 22nd through 26th; 28th Primarily master land developer actions;
27th Significant linkages in phasing plans
Permits issued on inclusionary housing no later than a percent of market rate build-out 24th through 26th; 28th Primarily affordable housing developer actions; 
27th Significant linkages in phasing plans