Determining Sales Prices & Rents

Applicants may hold initial discussions with Planning and Zoning staff to explore sales prices and rents at any time during the development and planning phases. However, the final sales prices and rents for MPDUs are set at the time the Applicant submits, and Planning and Zoning approves, an Offering Agreement for a specific number of MPDUs in a development. The methodology used to determine sales prices and rents for MPDUs is outlined in 20.30.040 of Chapter 20 Moderately Priced Dwelling Units.