Affordable units in new housing (inclusionary) in Pismo Beach

Residential projects consisting of four or less lots or new dwelling units;

Residential and commercial building additions, repairs or remodels, provided that such work does not increase the number of existing dwelling units in a residential project by five or more units or result in an increase in gross floor area of five thousand square feet or more in a commercial project;

Residential conversions of less than ten dwelling units to condominiums within any five-year period;

Affordable housing projects;

Projects which replace or restore a structure damaged or destroyed by fire, flood, earthquake or other disaster. Application for a new replacement structure(s) shall be made within three years of date of said disaster;

For five or more residential units provide in-lieu fees equal to or more than five percent of building permit value;

For five or more residential units provide in-lieu fees equal to or more than five percent of building permit value;

For each ten residential units provide one affordable unit;

Dedicate a number of lots equal to ten percent of the total, or an equivalent land area, to the city for future development of low and moderate income housing;