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 affordablehousing@atascadero.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
- Appraisal
- 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.
FAQs
How can I find affordable houses currently on the market?
Please be aware that the City of Atascadero does not own or manage affordable units. Contact a Realtor or Real Estate Agent for information on properties for sale. The San Luis Obispo Affordable Housing website provides a list of apartments in each City that offer affordable income rentals.
What affordable standards does the City of Atascadero use?
To find out if you qualify for affordable rental or ownership housing, visit San Luis Obispo County’s Affordable Housing website. The City of Atascadero uses the County’s Affordable Housing Standards to determine qualifying income limits as well as maximum rents and sales prices for each income category. The income limits and sale prices are updated frequently by the County. The majority of affordable income homes in Atascadero will be included in the Affordable Housing Standards (Post-2009 Formula) found on the County website. Any affordable housing developments that were approved prior to July 2009 will use the Affordable Housing Standards (Pre-2009 Formula).
The San Luis Obispo County's Affordable Housing website can be found here.
How do I get certified?
Potential buyers must be screened for eligibility and certified as income qualified to purchase an affordable unit. The City of Atascadero has identified the San Luis Obispo Housing Authority (HASLO) and People's Self-Help Housing Corporation as entities to provide eligibility and income qualifying services. There is a cost for these services.
For information regarding San Luis Obispo County’s affordable housing programs, please click here.