The purpose of providing a housing density bonus or incentives is to contribute to the economic feasibility of low income and moderate income housing in housing developments proposed within the city.
(A) When a developer enters into an agreement pursuant to California Government Code § 65915 to provide 10 to 20% of the total units of a housing development affordable for low or moderate income households, or 5 to 11% of units affordable to very low-income households, as defined in the California Health and Safety Code, the developer shall be eligible for a housing density bonus of up to 35% and up to three incentives or concessions if the housing development consists of five or more units.
(B) Any person requesting a housing density bonus, incentives, or concessions shall apply for a development agreement. A housing density bonus, incentives, or concessions shall be granted by approval of the development agreement which shall specify the density bonus and/or incentives, and any conditions attached to the approval of such bonus, incentive and/or concession.
(C) Prior to City Council action on a development agreement providing a housing density bonus or incentives, the Planning Commission shall consider the development agreement and make a recommendation to the City Council.
(D) The project developer may specify the housing density bonus or incentives requested; however, the city may agree to provide a housing density bonus or incentives other than those requested, so long as such housing density bonus or incentives meet the requirement set forth in the California Government Code.
(Ord. 1049, passed 5-15-2018)