$249,000

The subject property is located in an area with several recently built affordable housing projects. The subject zoning is (Base Zone and Combining) RM-4, S-13. The intent of this zoning district is to create, maintain, and enhance residential areas typically located on or near the city's major arterials and characterized by a mix of single-family homes, townhomes, small multi-unit buildings at somewhat higher densities than RM-3, and neighborhood businesses where appropriate. The Affordable Housing Combining (S-13) Zone is intended to create and preserve affordable housing. The purpose of the S-13 Combining Zone is to allow a bonus height for eligible affordable housing projects, as well as relaxation of other listed development standards for applicable zones and an elimination of any maximum residential density standards.