§ 1600-200. DEFINITIONS

Affordable Housing . Housing that is available to target income households at a monthly cost that does not exceed 30% of their monthly gross incomes.

Affordable Housing Trust Fund . A fund established by this ordinance to which all in-lieu fees will be paid and used for the funding of affordable below market rate units. The fund is administered by the Housing Authority.

Affordable Rent . Monthly rent, including utilities and all fees for housing services, equal to or less than 30% of the gross monthly income for the specified target income household. Affordable Rent shall be based on presumed occupancy levels of one person in a studio unit, three persons in a one bedroom unit, five persons in a two bedroom unit, and two additional persons for each additional bedroom thereafter.

Affordable Sales Price . The maximum purchase price that will be affordable to the specified target income household. A maximum purchase price shall be considered affordable only if each Monthly Housing Payment is equal to or less than 30% of the gross monthly income for the specified target income household. In setting the Affordable Sales Price, realistic assumptions regarding down payment, mortgage interest rate and term will be required and those assumptions must demonstrate that targeted income families can reasonably qualify. Affordable Sales Price shall be based upon presumed occupancy levels of one person in a studio unit, three persons in a one bedroom unit, five persons in a two bedroom unit, and two additional persons for each additional bedroom thereafter.

Affordable Unit . Dwelling unit which is affordable to very low, low or moderate income households as defined in this ordinance.

Annual Household Income . The combined annual income from all sources of all members of a household who contribute to the household maintenance.

Applicant . Any person, firm, partnership, association, joint venture, corporation, or any entity or combination of entities which seeks County real property development permits or approvals.

Below Market Rate Unit . An ownership or rental housing unit affordable by households with very low, low or moderate incomes as defined in this ordinance.

County . All unincorporated areas of Sutter County.

Density Bonus . Entitlement to build additional residential units above the maximum number of units permitted pursuant to existing general plan, applicable specific plan and zoning designations.

Development . The construction of facilities for residential purposes.

Development Project . A formal plan or action to construct facilities for residential purposes.

Dwelling Unit (du) . A structure designed and built for residential occupancy in accordance with the County's codes and regulations.

Feasible . Capable of being financed, built, and marketed given the economic conditions prevailing at the time of project approval and the sources of financing, public funding and other assistance available.

For-Sale Units . Housing units which provide an ownership opportunity, including, but not limited to single family units, condominiums, cooperatives and mutual housing associations, except in circumstances where the unit is converted to rental use.

Household . An individual or two or more related or unrelated persons occupying a dwelling unit and living together as a single housekeeping unit in which each resident has access to all parts of the dwelling and where the adult residents share expenses for food or housing.

Housing Authority . The Consolidated Area Housing Authority of Sutter County.

In-Lieu Fees . Fees paid to the Affordable Housing Trust Fund by residential project applicants as an alternative to the on-site construction of residential units to facilitate the construction of affordable housing for target income groups.

Low Income Household . Household earning a gross income of more than 50% and not greater than 80% of the median household income for Sutter County, adjusted for household size, as periodically published in Section 6932 of Title 25 of the California Code of Regulations.

Market Rate Unit . Unit available for sale or rent at unrestricted rates within the private market place.

Moderate Income Household . Household earning a gross income of more than 80% and not greater than 120% of the median household income for Sutter County, adjusted for household size, as periodically published in Section 6932 of Title 25 of the California Code of Regulations.

Rental Units . Housing units available for occupancy based on a monthly rental charge.

Residential Project . The construction of any dwelling unit located within the boundaries of the County for which a discretionary permit is issued by the County.

Target Income Groups . Very low, low and moderate income households as defined in this ordinance.

Very Low Income Household . Households earning a gross income of not greater than 50% of the median household income for Sutter County, adjusted for household size, as periodically published in Section 6932 of Title 25 of the California Code of Regulations.