§ 8116-3.3. Number of incentives granted.

Subject to Section 8116-3.4, the applicant who meets the requirements of Section 8116-3.1 above shall receive the following number of incentives described below and as shown in Table 8116-3.3:

(a)

One (1) incentive for qualified housing development projects that include at least ten (10) percent of the total units for low income households, at least five (5) percent for very low income households, or at least ten (10) percent for persons and families of moderate income households in a common interest development. (Government Code Section 65915(d)(2)(A).)

(b)

Two (2) incentives for qualified housing development projects that include at least twenty (20) percent of the total units for low income households, at least ten (10) percent for very low income households, or at least twenty (20) percent for persons and families of moderate income households in a common interest development. (Government Code Section 65915(d)(2)(B).)

(c)

Three (3) incentives for qualified housing development projects that include at least thirty (30) percent of the total units for low income households, at least fifteen (15) percent for very low income households, or at least thirty (30) percent for persons and families of moderate income households in a common interest development. (Government Code Section 65915(d)(2)(C).)

(d)

Subject to Section 8116-3.4(d), a qualified housing development proposal that includes a child care facility shall be granted an additional incentive that contributes significantly to the economic feasibility of the construction of the child care facility. (Government Code Section 65915(h)(1)(B).)

Table 8116-3.3 — Incentive Allowances for Qualified Housing Developments
Income Category	Minimum % of Affordable Units
Very Low Income	5%	10%	15%
Low Income	10%	20%	30%
Common Interest Development (Moderate Income)	10%	20%	30%
Incentives Allowed	1	2	3

 

(Ord. No. 4455, § 7, 10-22-2013)