FIRST HOME INVESTMENT ZONE (FHIZ): HOUSING DENSITY Calculating minimum density To calculate the required density, add the number of extraterritorial homes with the number of homes within the FHIZ, and then divide by a number equal to 51% of the total developable acres within the FHIZ.
extraterritorial homes
number equal to 51% of the total developable acres
homes within FHIZ
Allowable number of contiguous acres in FHIZ zone
Density in eligible FHIZ zone Adding extraterritorial
Up to of the total homes can be EXTRATERRITORIAL
Inside the FHIZ zone
between 10 and 100
homes in the surrounding area (within city limits) decreases the density requirement in the FHIZ zone.
Extraterritorial homes
Outside the FHIZ zone Homes per acre
30
6
*
*Density requirement inside FHIZ will decrease as extraterritorial homes are added
Percentage of extraterritorial homes must be detached
80%
Owner occupied, ‘For Sale’ units
50%
100%
*
*Extraterritorial homes can count towards the owner occupied requirement inside the FHIZ zone
Affordable ‘For Sale’: County median sales price
80%
Affordable housing percentage
12%
*
*At least 12% owner occupied and 12% rental homes must be affordable
20%
Affordable Rentals: Area median income (AMI)
80%