A. Customer Information Meeting. A Customer Information meeting shall be required for any land application that incorporates any financial or regulatory incentives provided for within this Chapter. Customer Information Meeting fees shall be waived for developments providing 100 percent affordable units and for developments being coordinated by a 501(c)(3) non-profit organization using some volunteer labor.

B. Affordable Housing Incentives Program Agreement. An application for a proposed project that incorporates any of the incentives in this Chapter shall not be approved until the applicant has submitted a signed Affordable Housing Incentives Program Agreement stipulated in PCC 18A.65.030 B. as a component of the application package.

C. Reduction in Development Regulations. Land use proposals shall not be required to obtain a variance or PDD approval to incorporate any of the regulatory incentives provided for within this Chapter but shall be required if a development application proposes deviation to standards not addressed in this Chapter. Standards addressed in this Chapter shall not be modified through a variance or PDD approval.

D. Required Documentation. Prior to the final approval of any land use application or building permit that incorporates any incentives provided for within this Chapter, the owner of the property shall provide a recorded agreement, lien and covenant running with the land, binding all the assigns, heirs and successors of the applicant shall secure the affordability requirements as stated under this Chapter. The recorded covenant must provide that if the property is converted to a use other than for low-income affordable housing as defined under this Chapter within the required affordability duration, the property owner must pay the applicable impact fees in effect at the time of conversion.