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AB2011 and SB 6 are two separate bills, with the common element of facilitating development of housing projects on sites zoned for commercial uses, although there are some key differences between the two. Each is described below, and Attachment 2, which is an informational handout prepared recently by the Association of Bay Area Governments (ABAG), provides a side-by-side comparison of the two bills. Note that a project must apply under either AB 2011 or SB 6 — their provisions cannot be combined. AB 2011 (Wicks) AB 2011 creates a streamlined, ministerial approval process for multifamily housing developments on commercially zoned property. Developments are subject to affordability standards, and the bill incorporates provisions for two different types of residential projects: 100 percent affordable projects, and "mixed income" projects that include various specified proportions of below-market-rate units. This bill goes into effect on July 1, 2023, and its provisions will sunset on January 1, 2033. Affordability Requirements 100% Affordable Housing Developments: • 100% lower-income (at or below 80% AMI), for-sale or rental unit • Deed restriction for 55 years (rental) or 45 years (owner-occupied). Mixed-Income Housing Along Commercial Corridors: • Rental: 8% very low income plus 5% extremely low income, or 15% lower income • Owner-Occupied: 30% moderate income or 15% lower income • Units must adhere to same bedroom/bathroom ratios and must be of the same quality. Local governments may adopt more stringent inclusionary requirements. Location and Other Criteria for Application of AB 2011 For both 100% Affordable and Mixed-Income projects: • A zone where office, retail, or parking are a principally permitted use. • Within an urbanized area or urban cluster. • A site is within a "Neighborhood Plan" area (e.g., a Specific Plan area such as the Downtown Specific Plan) that permits multi-family development on the site. • At least 75 % of the site adjoins parcels developed with urban uses. • Cannot be a site where more than 1/3 of the square footage is dedicated to industrial use (meaning either used for, zoned, or designated to be used for, industrial). • Cannot be within a very high fire severity zone, floodway, or contain tribal cultural resources. • Meets exclusionary criteria set forth in SB 35 (Statutes of 2017), which excludes farmlands, wetlands, hazardous waste sites, earthquake fault zones, and flood areas subject to development restrictions. • Not on a site governed by mobile home/recreational vehicle laws or the Special Occupancy Parks Act. • Not within 500 feet of a freeway. Page 7 of 15