Nonprofit multifamily housing for the elderly and/or handicapped
Nonprofit multifamily housing facilities for elderly and/or handicapped persons are subject to the following conditions:
A. Such a facility is to be located on land acquired from the city, the housing authority of Newport, or the redevelopment agency of Newport by deed which contains a right of reverter to the grantor, in the event that the property is not used for the purposes of this section.
B. The facility is to be owned and operated by a nonprofit corporation which qualifies for exemption from federal income taxation.
C. The dwelling units are to be reserved for elderly persons and/or handicapped persons of low and moderate income as those persons are defined in the housing regulations of U.S. Department of Housing and Urban Development.
D. The dwelling units shall contain no more than one bedroom and must have:
1. A minimum of four hundred (400) square feet of floor area devoted to living quarters for each efficiency apartment;
2. A minimum of five hundred (500) square feet of floor area devoted to living quarters for each single-bedroom apartment.
(Ord. 2000-4 (part), 2000: Ord. 65-94 (part), 1994: prior code § 1264.03.15)