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Adoption of the proposed ordinance, together with other actions to implement the Housing Element, will <br /> allow the city to request a streamlined review of the next Housing Element. The streamlined review <br /> requires the Department of Housing and Community Development (HCD) to focus only on those areas <br /> of the Housing Element that are updated and reduces the review time from 90 to 60 days. <br /> In addition to specifying how the city will comply with state law, the ordinance provides some control <br /> over the preferred incentives or concessions to provided, establishes a sliding scale for density <br /> bonuses upto 35% of the project units, and specifies that bonus incentives or concessions are to be <br /> considered upon the request of a developer. In order to be eligible for the bonus, a housing project <br /> must consist of five or more units and the developer must provide one of four categories of target <br /> housing groups: 1) at least 10% low income; 2) at least 5% very low income; 3) a senior housing project <br /> with a minimum of 35 units, limited to age 55 and above; or 4) at least 10% of units in a new common <br /> interest development. Categories cannot be combined. <br /> The ordinance proposes two concessions that do not require developers to submit a financial feasibility <br /> analysis, which allows the city to direct developers to those concessions that it feels most comfortable <br /> providing. For other concessions or incentives, which include reduced offstreet parking, land donation, <br /> bonus for child care facilities, and a bonus for condominium conversions, the city can require a financial <br /> analysis demonstrating that the concessions or incentives are required to make the project feasible. <br /> Ms. Stern explained that density bonuses are not common. While the law has been in effect since <br /> 1978, no one can recall a request for such a bonus in Pleasanton in that time. A survey of surrounding <br /> jurisdictions reveal no requests in Dublin or Livermore within at leas the last five years. This in part <br /> relates to the city's focus on PUD development review, which allows a fair amount of flexibility without <br /> the ties to affordable housing that a developer may not want. <br /> She stated that the Planning Commission reviewed the proposed ordinance and recommended <br /> approval by a 5-0 vote. <br /> Mayor Thorne asked and confirmed that, assuming the requirements are met, a density bonus must be <br /> granted upon request regardless of whether or not it is in the city's ordinances. <br /> Councilmember Pentin asked if there is potential for one developer to purchase affordable housing <br /> credits from another in order to qualify for the bonus. <br /> Ms. Stern said there is a provision for offsite units but that it has a very limited applicability and is at the <br /> discretion of the city. <br /> Councilmember Narum thought that several recent projects could have met either category one or two <br /> and asked why they would not have requested a density bonus or concession. <br /> Ms. Stern explained that they have been able to obtain the desired exceptions through the city's PUD <br /> process, which has not tied them to additional affordable units or pushed them into a density that they <br /> may not feel comfortable constructing. <br /> Mr. Dolan concurred. He explained that with multi-family housing, the development standards are <br /> limiting in such a way that it can actually be difficult for a developer to meet the minimum required <br /> density within the type of construction they are comfortable with. <br /> Councilmember Brown asked and Ms. Stern cofirmed that a developer could utilize the reduced <br /> offstreet parking incentive without also achieving a density bonus, but the target units would have to be <br /> reduced as well. <br /> City Council Minutes Page 11 of 12 September 17, 2013 <br />