The County of Monterey and Jeffrey S. Kirby entered into a Memorandum and Reaffirmation of Inclusionary Housing Agreement, reaffirming the terms of the original Inclusionary Housing Agreement from 1998. The agreement requires a portion of new housing constructed in Monterey County to be affordable to very low, low, and moderate-income households. The reaffirmation agreement aims to maintain the affordability of certain units.
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Summary
The County of Monterey and Jeffrey S. Kirby entered into a Memorandum and Reaffirmation of Inclusionary Housing Agreement, reaffirming the terms of the original Inclusionary Housing Agreement from 1998. The agreement requires a portion of new housing constructed in Monterey County to be affordable to very low, low, and moderate-income households. The reaffirmation agreement aims to maintain the affordability of certain units.