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A. The purposes of this chapter are:

1. To increase the supply of multifamily housing opportunities within the City for low and moderate income households;

2. To promote community development and affordable housing in the City within Residential Targeted Areas;

3. To encourage additional housing in certain areas to support investment in public transit projects; and

4. To accomplish the planning goals required under the Growth Management Act, Chapter 36.70A RCW, as implemented by the City’s comprehensive plan.

B. Any one or a combination of these purposes may be furthered by the designation of a Residential Targeted Area under this chapter. (Ord. 2892 § 3 (part), 2017).