As used in this chapter,
"Additional incentives" means the regulatory concessions specified in California Government Code section 65915(k), including the following:
1. A reduction of site development standards or a modification of zoning code or architectural design requirements;
2. Reduced minimum lot sizes or dimensions;
3. Reduced minimum lot setbacks;
4. Reduced minimum outdoor or private outdoor living area;
5. Increased maximum lot coverage;
6. Increased maximum building height or stories;
7. Reduced on-site parking standards, including the number or size of spaces and garage requirements;
8. Reduced minimum building separation requirements;
9. Reduced street standards, e.g., reduced minimum street widths;
10. A density bonus of more than 35%;
11. The waiver, reduction, or deferral of planning, plan check, construction permit, or development impact fees;
12. Direct financial aid (e.g., redevelopment set-aside, community development block grant funding) in the form of a loan or a grant to subsidize or provide low-interest financing for on- or off-site improvements, land, or construction costs;
13. Approval of mixed-use zoning in conjunction with the housing project if commercial, office, industrial, and other land uses will reduce the cost of the housing development and if the commercial, office, industrial, or other land uses are compatible with the housing project and the existing or planned development in the area where the proposed housing project will be located; and
14. Other regulatory incentives or concessions that result in identifiable cost reductions or avoidance.
"Affordable rent" means monthly housing expenses, including a reasonable allowance for utilities, for rental target units reserved for very low- or lower-income households, not exceeding the following calculations:
1. Very-low-income. Fifty percent of the area median income for Sacramento County, adjusted for household size, multiplied by 30% and divided by 12.
2. Lower-income: Sixty percent of the area median income for Sacramento County, adjusted for household size, multiplied by 30% and divided by 12.
"Affordable sales price" means a sales price at which lower- or very low-income households can qualify for the purchase of target units, calculated on the basis of underwriting standards of mortgage financing available for the development.
"Density bonus" means a minimum density increase of at least 20% over the otherwise maximum residential density.
"Density bonus housing agreement" means a legally-binding agreement between a developer and the city or, if so authorized, the housing authority of the city ("housing authority") to ensure that the requirements of this section are satisfied.
"Density bonus units" means the residential units granted pursuant to the provisions of this section that exceed the otherwise maximum residential density for the development site.
"Equivalent financial incentive" means a monetary contribution or one or more additional incentives, equal to one of the following:
1. A density bonus and an additional incentive; or
2. That portion of the density bonus and additional incentive for which the equivalent financial incentive is substituted pursuant to the provisions of subsection B of section 17.704.050.
"Housing cost" means the sum of actual or projected monthly payments for all of the following associated with for-sale target units: principal and interest on a mortgage loan, including any loan insurance fees; property taxes and assessments; fire and casualty insurance; property maintenance and repairs; homeowner association fees; and a reasonable allowance for utilities. Adjustments should be made as necessary for down-payment assistance.
"Housing development" means a construction project consisting of five or more residential units, including single-unit dwellings, multi-unit dwellings, and mobilehomes for sale or rent, pursuant to this chapter.
"Lower-income household" means households whose income does not exceed the low-income limits applicable to Sacramento County, as published and periodically updated by the State Department of Housing and Community Development pursuant to section 50079.5 of the California Health and Safety Code.
"Maximum residential density" means the maximum number of residential units permitted by the city's general plan and this title at the time of application, excluding the provisions of this chapter. If the housing development is within a planned unit development (PUD), the maximum residential density shall be determined on the basis of the general plan and the maximum density allowed by the PUD development guidelines. Where the density allowed under this title is different than the density allowed under the general plan, the general plan density prevails.
"Moderate-income household" means households whose income does not exceed the moderate-income limits applicable to Sacramento County, as published and periodically updated by the State Department of Housing and Community Development pursuant to section 50093 of the California Health and Safety Code.
"Non-restricted unit" means a unit within a housing development excluding the target units.
"Qualifying housing development" means a housing development for which the applicant or developer agrees to provide one or more of the following:
1. At least 10% of the total units of the housing development as target units affordable to lower-income households;
2. At least 5% of the total units of the housing development as target units affordable to very-low-income households;
3. Senior citizen housing; or
4. A common interest development (as defined in section 1351 of the Civil Code) in which 10% of the total units of the housing development are target units affordable to moderate-income households.
"Qualifying senior citizen resident" means a senior citizen or other person eligible to reside in senior citizen housing.
"Senior citizen housing" means a housing development consistent with sections 51.3 and 51.12 of the Civil Code or mobilehome park as defined in Civil Code sections 798.76 and 799.5.
"Target unit" means a dwelling unit within a housing development that will be reserved for sale or rent to, and affordable to, very-low-, lower-, or moderate-income households, or qualifying senior citizen residents.
"Very-low-income household" means households whose income does not exceed the very-low-income limits applicable to Sacramento County, as published and periodically updated by the State Department of Housing and Community Development pursuant to section 50105 of the California Health and Safety Code. (Ord. 2013-0020 § 1; Ord. 2013-0007 § 1)