18.15.035 Additional Density Bonus

(a)   Provided that the resulting housing development would not restrict more than 50 percent (50%) of the total units to moderate-income, lower income, or very low income households, the city shall grant one additional density bonus calculated pursuant to paragraph (b) when an applicant proposes to construct a housing development that conforms to the requirements of Section 18.15.030, agrees to include additional rental or for-sale units affordable to very low income households or moderate income households, and meets any of the following requirements:

   (1)   The housing development conforms to Section 18.15.030(a)(1) and provides twenty-four percent (24%) of the total units for lower income households.

   (2)   The housing development conforms to Section 18.15.030(a)(2) and provides fifteen percent (15%) of the total units for very low income households.

   (3)   The housing development conforms to Section 18.15.030(b) and provides forty-four percent (44%) of the total units for moderate income households.

(b)   The additional density bonus granted under this Section shall be calculated as follows:

Table 2
Additional Density Bonus

Percentage Very Low Income Units	Percentage Density Bonus	Percentage Moderate Income Units	Percentage Density Bonus
5	20	5	20
6	23.75	6	22.5
7	27.5	7	25
8	31.25	8	27.5
10	38.75	10	32.5
		11	35
		12	38.75
		13	42.5
		14	46.25
		15	50

(Ord. 5623 § 2 (part), 2024)