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The purpose of this Chapter is to encourage the development of affordable housing for households earning 80 percent or less than Pierce County median household income (low-income affordable housing). The Growth Management Act (GMA) requires Pierce County to make adequate provisions for existing and projected housing needs of all economic segments of the community. The County recognizes that the real estate market provides adequate housing for those households in the upper economic segments; however, a combination of financial and regulatory incentives will be necessary to adequately provide for the needs of households whose incomes are at or below the County's median household income. The implementation of the incentives recognizes the public benefits affordable housing contributes to local communities and businesses. This Chapter is also intended to cite all the incentives available to construct affordable housing for low-income households within one Chapter of the Pierce County Code.

(Ord. 2019-97s § 1 (part), 2020; Ord. 2009-48s2 § 1 (part), 2010)