Inclusionary Housing / THDIP

Developer of a stalled 20-unit entitled townhome project urged a temporary program applying to entitled-but-unbuilt projects of 20 units or less, with affordability no deeper than 120% AMI; said current rules make the project infeasible.

Sand Hill Property Company representative said the 20% policy makes their projects infeasible and asked for reduced requirements, flexible alternatives, and development agreement amendments; cited 700 apartments begun in San Jose under its relief program.