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Calculation of bonus <br />The amount of density bonus is calculated according to the following summary table: <br />Density Bonus Calculation <br />Example: A developer proposes to construct a 100 -unit housing project, which is the <br />maximum residential density allowed for the site. The developer seeks a density bonus <br />for providing 10 units (10 %) targeted to very low income households. The bonus is <br />calculated as follows: <br />Number of units of proposed project <br />100 <br />Bonus requested for 10 Very Low Income VLI units <br />Additional <br />A 20% bonus is granted for the minimum 5 %: <br />5% of 100 units is 5 VLI units <br />Bonus for <br />20% bonus of 100 units = <br />20 units <br />Each 1% <br />% Target <br />over the 5% minimum. Five additional VLI units are <br />Increase in <br />Units <br />2.5x5= <br />Target Units <br />Required for <br />Total bonus rounded up from 32.5 <br />Minimum % <br />Bonus <br />Over the 5% <br />Maximum <br />Target Group <br />Target Units <br />Granted <br />Minimum <br />35% Bonus <br />Very Low Income <br />5% <br />20% <br />2.5% <br />11% <br />Low Income <br />10% <br />20% <br />1.5% <br />20% <br />Moderate Income (Common Interest <br />10% <br />5% <br />1% <br />40% <br />Development, Condo or PUD only) <br />Senior Citizen Housing Development <br />100% <br />20% <br />— <br />— <br />Example: A developer proposes to construct a 100 -unit housing project, which is the <br />maximum residential density allowed for the site. The developer seeks a density bonus <br />for providing 10 units (10 %) targeted to very low income households. The bonus is <br />calculated as follows: <br />Number of units of proposed project <br />100 <br />Bonus requested for 10 Very Low Income VLI units <br />A 20% bonus is granted for the minimum 5 %: <br />5% of 100 units is 5 VLI units <br />20% bonus of 100 units = <br />20 units <br />An additional bonus of 2.5% is granted for each 1 % increase <br />over the 5% minimum. Five additional VLI units are <br />proposed for a 5% increase. <br />2.5x5= <br />12.5 units <br />Total bonus rounded up from 32.5 <br />33 units <br />Total units (project plus bonus <br />133 <br />The law allows for bonuses to exceed the maximum allowable density of the site as <br />follows: "The granting of a density bonus shall not be interpreted, in and of itself, to <br />require a general plan amendment, local coastal plan amendment, zoning change, or <br />other discretionary approval. " <br />Case No. P13 -2102, City of Pleasanton Planning Commission <br />Page 4 of 8 <br />