Laserfiche WebLink
EXHIBIT A <br />Proposed Code Amendment <br />Adding a New Chapter 17.38 (Density Bonus) to Title 17 of the Pleasanton <br />Municipal Code <br />B. The amount of density bonus to be granted for a housing development <br />which meets the eligibility criteria in Section 17.38.030 shall be calculated <br />as follows, and as summarized in Table 17.38.040: <br />Ten Percent Low Income Units. Housing developments providing at <br />least ten percent of the dwelling units for low income households <br />pursuant to Section 17.38.030(A) shall be entitled to a bonus equal to <br />20 percent of the maximum allowable density of the site. For each one <br />percent increase above ten percent of low income units, the density <br />bonus shall be increased by 1.5 percent up to a maximum of 35 <br />percent. <br />2. Five Percent Very Low Income Units. Housing developments providing <br />at least five percent of the dwelling units for very low income <br />households pursuant to Section 17.38.030(B) shall be entitled to a <br />bonus equal to 20 percent of the maximum allowable density of the <br />site. For each one percent increase above five percent of very low <br />income units, the density bonus shall be increased by 2.5 percent up <br />to a maximum of 35 percent. <br />3. Senior Citizen Housing. Housing developments providing 100 percent <br />of the units as senior citizen housing pursuant to Section 17.38.030(C) <br />shall be entitled to a bonus equal to 20 percent of the maximum <br />allowable density of the site. The senior citizen housing must include a <br />minimum or 35 dwelling units not including bonus units. <br />4. Ten Percent Moderate Income Common Interest Development Units. <br />Housing developments providing at least ten percent of residential <br />common interest development units for moderate income households <br />pursuant to Section 17.38.030(D) , shall be entitled to a bonus equal to <br />five percent of the maximum allowable density of the site. For each <br />one percent increase above ten percent of moderate income units, the <br />density bonus shall be increased by one percent up to a maximum of <br />35 percent. <br />C. A developer may request a lesser density bonus than the project is entitled <br />but no reduction will be permitted in the number of required target units <br />pursuant to Section 17.38.030 . <br />D. No housing development may be entitled to a density bonus of more than <br />35 percent. <br />E. The maximum allowable density of the site shall be determined by the <br />applicable zoning regulations, the land use element of the general plan, <br />Page 5 of 18 <br />