§ 4.7.5. Density Bonus Program for the Southwest 10th Street, I-95/CSX Railroad Corridor and Silver Terrace Courtyards Overlay Districts.

[Amd. Ord. 38-09 8/18/09]; [Amd. Ord. 10-07 3/20/07]

a.

Developers of property in the Southwest 10 ^th Street Overlay District shall develop the properties to afford a minimum of 20 percent of the residential units as workforce housing units.

i.

The twenty percent that are developed as workforce housing units must contain units that are affordable to very low, low or moderate income families.

ii.

In the Southwest 10 ^th Street Overlay District, the maximum density allowed is the maximum zoning density allowed in the zoning district. To obtain the maximum density allowed in the zoning district, not only must a minimum of 20 percent of the residential units be developed as workforce housing, but all the performance standards that allow increased density shall also be substantially met.

iii.

Workforce housing units may be located off-site provided the location chosen is within the City of Delray Beach.

iv.

All sections of Article 4.7 apply to the Southwest 10 ^th Street Overlay District, except for Sections 4.7.4, 4.7.11 and 4.7.12.

b.

Developers of property in the I-95/CSX Railroad Corridor Overlay District shall develop the properties to afford a minimum of 25 percent of the residential units as workforce housing units. [Amd. Ord. 10-07 3/20/07]

i.

The twenty-five percent that are developed as workforce housing units must contain units that are affordable to very low, low or moderate income families. [Amd. Ord. 10-07 3/20/07]

ii.

In the I-95/CSX Railroad Corridor Overlay District, the maximum density allowed is 24 units per acres as a Conditional Use. To obtain a density greater than six units per acre, not only must a minimum of 25 percent of the residential units be developed as workforce housing, but the performance standards of Section 4.4.6(I), shall also be substantially met. [Amd. Ord. 10-07 3/20/07]

iii.

All sections of Article 4.7 apply to the I-95/CSX Railroad Corridor Overlay District, except for Sections 4.7.4, 4.7.11 and 4.7.12. [Amd. Ord. 10-07 3/20/07]

c.

Developers of property in the Silver Terrace Courtyards Overlay District shall develop the properties to afford a minimum of 20 percent of the residential units as workforce housing units. [Amd. Ord. 38-09 8/18/09]

i.

The 20 percent that are developed as workforce housing units must contain units that are affordable to very low, low or moderate income families. [Amd. Ord. 38-09 8/18/09]

ii.

In the Silver Terrace Courtyards Overlay District, the maximum density allowed is 22 units per acre as a Conditional Use. To obtain a density greater than six units per acre, not only must a minimum of 20 percent of the residential units be developed as workforce housing, but the performance standards of Section 4.4.6(I), shall also be substantially met. [Amd. Ord. 38-09 8/18/09]

iii.

All sections of Article 4.7 apply to the Silver Terrace Courtyards Overlay District, except for Sections 4.7.4, 4.7.11 and 4.7.12. [Amd. Ord. 38-09 8/18/09]