How many months out of a calendar year should a household be required to occupy a restricted unit?

Status Quo

Ten months for affordable, nine months for attainable, ten months for employment-based.

Alternatives

3.A. The status quo.

3.B. Standardize all units, all restriction types: 9 months per year.

3.C. Standardize all units, all restriction types: 10 months per year.

3.D. Standardize all units, all restriction types: 11 months per year.

Solution

Standardize all units ten months out of a calendar year (Alternative 3.C).

Show All Answers

1. What should the employment criteria be to rent or purchase a restricted home?
2. What kind of assets should be allowed and / or counted, and how much is the limit?
3. How many months out of a calendar year should a household be required to occupy a restricted unit?
4. What livability standards, if any, should apply to restricted units?
5. What percentage of a household’s income should be spent on housing?
6. When should a household have to qualify for a rental or ownership home?
7. How should sale/rent price be set?
8. How should restricted ownership homes be valued at resale?
9. How should rental be handled for ownership units?
10. How should the buy / sell process work?
11. What types of relief should be allowed from the Rules and Regulations?
12. How should new Rules and Regulations be applied to existing units?