The affordable units shall contain square footage which is no less than (1) the
average size of market rate units containing the same number of bedrooms, or
(2) the following, whichever is the smaller:
0 bedrooms: 500 square feet
1 bedroom: 700 square feet
2 bedrooms: 900 square feet
3 bedrooms: 1100 square feet
8-19
4 bedrooms: 1300 square feet
4. Sales prices, resale prices, initial rents, and rent increases for the affordable units
shall be established in accordance with this section and the Comprehensive
Permit Guidelines, as further clarified in the Affordable Housing Guidelines and
shall be permanently restricted, to the extent legally permissible, to ensure long-
term affordability. 5. The Town may establish a system of priorities for selecting buyers or renters, in
accordance with the Affordable Housing Guidelines, and subject to federal and
state housing laws. 6. The Town may require that lessees of affordable rental units meet income
recertification requirements upon renewal of lease terms, in accordance with the
Affordable Housing Guidelines. 7. Affordability restrictions shall be embodied in applicable deed covenants,
restrictive covenant agreements, other contractual agreements, land trust
arrangements, and/or other mechanisms designed to ensure compliance with this
section. 8. Covenants and other documents necessary to ensure compliance with this section
shall be executed and, if applicable, recorded prior to and as a condition of the
issuance of any building permit or certificate of occupancy, as the Planning &
Zoning Board shall deem appropriate. 8.9.6 Alternative Requirements for Affordable Units. Subject to a finding by the Planning & Zoning
Board that the result will be advantageous to the Town in creating or preserving affordable units and
not result in the undue concentration of affordable units, the requirements of this section may be
satisfied through one or more of the following methods, listed in the order of preference:
1. Off-Site Location.