13 - Laserfiche WebLink

DISCUSSION The law requires that the City provide for increases in residential density (density bonuses) and provide incentives or concessions for housing developments that provide a specified percentage of affordable or senior housing. The law establishes a sliding scale for density bonuses up to a maximum of 35 percent, and one or more incentives or concessions, depending on the number of affordable units and the levels of affordability. Eligibility A developer of five or more dwelling units is eligible to request one density bonus and one or more incentives or concessions provided the developer agrees to construct affordable or senior housing. The developer must make a specific request to the City and, if the proposal is in conformance with the provision of the density bonus ordinance, the City must grant the bonus and /or incentive(s) or concession(s). There are four categories defining the "target housing groups" that are eligible for a bonus, and a developer can choose only one per project, as follows: At least ten percent of the total units of a housing development must be for low income households; or 2. At least five percent of the total units of a housing development must be for very low income households; or 3. The project is a senior citizen housing development; or 4. At least ten percent of the total dwelling units in a newly constructed common interest development must be for sale to moderate income households. Very low income households are those who earn less than 50 percent of the area median income (AMI). Low income households are those earning between 50 and 80 percent AMI. Households earning between 80 and 120 percent AMI are considered moderate income households. A senior citizen housing development is housing for people 55 years or older that has at least 35 dwelling units. Case No. P13 -2102, City of Pleasanton Planning Commission Page 3 of 8