§ 8116-2.2.2. Density bonus allowance for housing development with minimum affordable housing component.

If the requirements of Section 8116-2.2.1 are met, then the affordable housing developer is entitled to a density bonus pursuant to Government Code Section 65915(f) as follows:

Table 8116-2.2 — Density Bonus Allowance for Housing Development Projects with Minimum Affordable Housing Components
Household Income Category	Minimum Affordable Units	Density Bonus	Additional Density Bonus for each 1% increase in Affordable Units	Maximum Possible Density Bonus
Affordable Housing Development
Very Low Income	5%	20%	2.50%	35%
Low Income	10%	20%	1.50%	35%
Moderate Income (Common Interest Developments)	10%	5%	1%	35%

 

As demonstrated in Table 8116-2.2, the amount of density bonus to which the applicant is entitled shall vary according to the amount by which the percentage of affordable units offered by the applicant exceeds the percentage of the minimum affordable housing component. (Government Code Section 65915(f).)

The applicant may also elect to accept a lesser percentage of density bonus. (Government Code Section 65915(f).)

All density calculations resulting in fractional units shall be rounded up to the next whole number. (Government Code Section 65915(f)(5).)

(Ord. No. 4455, § 7, 10-22-2013)