A development containing five (5) or more units shall qualify for a density bonus and at least one other incentive as provided by this chapter if the applicant does one of the following:
(A) Agrees to construct and maintain at least five percent (5%) of the base units for very low income households;
(B) Agrees to construct and maintain at least ten percent (10%) of the base units for lower income households;
(C) Agrees to construct and maintain at least ten percent (10%) of the base units in a common interest development as defined in Civil Code section 1351 and after January 1, 2014, Civil Code section 4100 dedicated to moderate income households, provided that all units in the development are offered to the public for purchase;
(D) Agrees to construct and maintain a senior citizen housing development;
(E) Donates land to the city for the construction of very low income units pursuant to the provisions of section 10-12-8 of this chapter; or
(F) Includes a qualifying childcare facility pursuant to the provisions of section 10-12-7 of this chapter, in addition to providing housing described in subsection (A), (B), or (C) of this section. (Ord. 1653, 3-12-2013)
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