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PUD-136, Mall Residential Project Planning Commission <br />24 of 34 <br />Table 4: Density Bonus (DB) Calculation <br />Affordable Unit % Very Low Income <br />DB Low Income DB Moderate Income <br />DB <br />5% 20% <br />6% 22.5% <br />7% 25% <br />8% 27.5% <br />9% 30% <br />10% 32.5% 20% 5% <br />11% 35% 21.5% 6% <br />12% 38.75% 23% 7% <br />13% 42.5% 24.5% 8% <br />14% 46.25% 26% 9% <br />15% 50% 27.5% 10% <br />16% 50% 29% 11% <br />17% 50% 30.5% 12% <br />18% 50% 32% 13% <br />19% 50% 33.5% 14% <br />20% 50% 35% 15% <br />21% 50% 38.75% 16% <br />22% 50% 42.5% 17% <br />23% 50% 50% 18% <br />24% 50% 50% 19% <br />Note: State law density bonuses continue for projects with 25 - 44% affordable, as well as 100% affordable. <br />Not shown in this table is Density Bonus percentages for housing for seniors, foster youth, disabled veterans, <br />homeless and college students, also defined in State Law. <br /> <br /> <br />Design Guidelines Exceptions Requested by Applicant <br />Under State Density Bonus law, the City is required (with limited to no discretion) to provide for <br />a number of “incentives,” “concessions” or “waivers or reductions of development standards” <br />based on the percentage of affordable units and qualification for State housing density <br />bonuses. A concession or incentive is defined in State law as a reduction in site development <br />standards, or a modification of zoning code or architectural design requirements; or other <br />regulatory incentives or concessions which result in identifiable cost reductions. A project <br />including up to 24 percent lower-income units is entitled to up to three incentives or <br />concessions. <br /> <br /> <br />