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or safety problem, cause an environmental problem, harm historical property, or would be contrary to law. The number of incentives or concessions a project may request is summarized in the table below: Incentives /Concessions Summary Target Group for Density Bonus Target Units Very Low Income 5% 10% 15% Low Income 10% 20% 30% Moderate Income (Common interest development, Condo or PUD only) 10% 20% 30% Maximum Number of Incentive(s) /Concession(s) 1 2 3 Using the same example above, the developer proposes to provide 10 percent of the units as affordable to very low income households and therefore would be entitled to two incentives /concessions. The City may require that developers provide a detailed financial report showing how a proposed incentive or concession is required in order to achieve the affordable housing costs or rents. Also, certain incentives or concessions may be identified by the City as preferred incentives or concessions that would require no financial report. For this purpose, the ordinance proposed two groups of incentives and concessions. Group one includes concessions and incentives that are preferred, and that the City recognizes as resulting in a financially sufficient cost reduction to the project. They would be available without need for the developer to provide a financial report demonstrating that the cost reduction is sufficient. This group includes a 20 percent reduction in one of the required setbacks and a 10 percent reduction in minimum lot size and /or dimension. Each of these two items would be counted as one incentive or concession. The second group of incentives /concessions would require a detailed financial report to demonstrate that the incentives or concessions "would result in necessary identifiable, financially sufficient, and actual cost reductions that could not be achieved without the incentive or concession ". This is a broader group of incentives /concessions that includes those that exceed the incentives /concessions identified in group one, e.g., approval of mixed -use zoning in conjunction with the housing development, construction of target units on a different site than the proposed development, fee waivers or deferrals, and other regulatory incentives or concessions that may be identified by the developer. In addition to the incentives and concessions described above, should a developer identify other development standards that financially preclude the construction of a housing development, with the density bonus and incentives or concessions allowed, Case No. P13 -2102, City of Pleasanton Planning Commission Page 6 of 8