Skip to main content
Developers - In-Lieu Fees
Housing Requirements for the Inclusionary Housing Ordinance FY 2019-2020
|
Housing Market Area (HMA) | Very Low | Low | Moderate | Workforce |
Total Inclusionary Housing % |
| South Coast | 2.5% | 2.5% | 5% | 5% | 15% |
| Santa Ynez | 2.5% | 2.5% | 5% | 0% | 10% |
| Santa Maria | 2.5% | 2.5% | 5% | 0% | 10% |
| Lompoc | 2.5% | 2.5% | 0% | 0% | 5% |
2019 In-Lieu Fees for the Inclusionary Housing Ordinance
| Housing Market Area (HMA) | Very Low and Low | Moderate and Workforce |
| South Coast | $173,800 | $649,100 |
| Santa Maria | $92,400 | $237,200 |
| Santa Ynez | $141,100 | $416,900 |
| Lompoc | $95,600 | $218,700 |
2019 In-Lieu Fee Update for Very Low and Low Units based on % change in median sales price of condominiums
| HMA | 2017 Median Sales Price of Condominiums | 2018 Median Sales Price of Condominiums | % Change | 2018 In-Lieu Fee | plus % change | 2019 In-Lieu Fee |
| South Coast | $665,951 | $763,900 | 14.72% | $151,500 | +$22,300 | $173,800 |
| Santa Maria | $259,590 | $279,000 | 7.48% | $86,000 | +$6,400 | $92,400 |
| Santa Ynez | $465,000 | $490,092 | 5.4% |
$133,900 | +$7,200 | $141,100 |
| Lompoc | $249,000 | $257,295 | 3.33% | $92,500 | +$3,100 | $95,600 |
2019 In-Lieu Fee Update for Moderate and Workforce Units
| HMA | 2018 Median Sales Price of Condominiums | 15% of Median Sales Price of Condominiums | 2018 In-Lieu Fee |
| South Coast | $763,990 | $114,599 | $649,400 |
| Santa Maria | $279,000 | $41,850 | $237,200 |
| Santa Ynez | $490,092 | $73,514 | $416,600 |
| Lompoc | $257,295 | $38,594 | $218,700 |
Median Condominium Sales Price by HMA, 2012-2018
| Year | HMA | |||
| South Coast | Santa Maria | Santa Ynez | Lompoc | |
| 2012 (released July '13) |
$415,000 | $139,740 | $241,867 | $123,050 |
| 2013 (released July '14) |
$487,704 | $187,500 | $310,000 | $120,544 |
| 2014 (released July '15) |
$573,138 | $204,200 | $383,591 | $188,696 |
| 2015 (released July '16) |
$675,141 | $218,278 | $359,281 | $186,000 |
| 2016 (released July '17) |
$661,981 | $240,310 | $400,000 | $208,000 |
| 2017 (released July '18) |
$665,951 | $259,590 | $465,000 | $249,000 |
| 2018 (released July '19) | $763,990 | $279,000 | $490,092 | $257,295 |
Documents
