The City of Atascadero incentivizes the production of affordable housing by encouraging housing affordable to a wide variety of income categories and family types. The incentive programs are identified in the City’s Housing Element. The City also offers increased development flexibility and additional units through the State of California’s Density Bonus Program. Although the City does not manage or develop housing units, the City does manage programs such as:
Affordable Housing Impact Fee Deferral Program
Stock Accessory Dwelling Unit Plans
Inclusionary Housing Policy and program
Fractional Density Standards
Inclusionary Housing Policy and Program
The City has an inclusionary housing policy which creates affordable housing opportunities available within the City. This policy requires development projects with discretionary approval, such as planned developments and subdivisions, to provide deed restricted affordable residential units to people and families of very low, low, and moderate incomes or to provide the City with funds to help provide affordable units in other locations in the City.
For more information regarding the sale of affordable housing units in Atascadero, please contact the City of Atascadero’s Administrative Services Department at (805) 470-3428 or firstname.lastname@example.org to discuss your options.
When Buying or Selling a deed restricted affordable unit, the City requires the following documentation to be submitted:
- Purchase Contract
- Real Estate Certification Form (if required)
- Escrow Contact Information
- Escrow Instructions
- Preliminary Title Report
- Copy of Grant Deed with Vesting information
- 1st Lender(s) Trust Deed(s) and Promissory Notes
- Certification from People's Self-Help Housing Corp, Housing Authority of San Luis Obispo or other approved Administering Agency
Once all the above information is received, the City will prepare and submit the appropriate documents to the Escrow Company.
Please note: Preparation of City documents for submission to escrow requires ten (10) to fifteen (15) business days.