STARTING JULY 1, 2022
Inclusionary Zoning (IZ) Policy Matrix
PAYMENT IN
TOTAL TIER 1 LIEU FOR PAYMENT IN BONUS
IZ PERCENT | TARGET AMI TIER 2 PARTIAL LIEUFOR PAYMENTIN| DENSITY
UNITS LOCATION | REQUIRED? | REQUIRED fl} TARGET AMI UNITS? ALL UNITS? LIEU VALUE] RATIO [2]
OWNERSHIP HOUSING
Less than 10 Citywide N
10 - 49 Citywide Y 10% 80% N/A Y N $100,000 1:31
50-99 Citywide Y 15% 80% (10%) 100% (5%) Y N $100,000 2:1
100+ Citywide Y 20% 80% (10%) 100% (10%) Y N $100,000 2:1
RENTAL HOUSING
Less than 10 Citywide [3] N
10-49 Citywide Y 10% 80% N/A Y N $37,000 1:1
50 - 99 Citywide Y 15% 80% N/A Y N $37,000 1:1
100+ Citywide Y 20% 80% N/A Y N $37,000 1:1
Less than 10 Downtown N
10- 49 Downtown Y 5% 80% N/A Y Y $37,000 2.5:1
50 - 99 Downtown Y 7.5% 80% N/A Y Y $37,000 2.5:1
100+ Downtown Y 10% 80% N/A Y Y $37,000 2.5:1
NOTES:
[1] Target income tiers are applied based on share of total IZ requirement
[2] Bonus density ratio reflects number of additional market rate units allowed for every IZ unit provided
[3] Citywide IZ policy for rental housing does not apply in designated Downtown District
