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35 | City of Pleasanton 2023-2031 Housing Element <br />o Contributions from the Lower Income Housing Fund <br />o Use of available City-owned land <br />o Density bonuses <br />o City assistance in obtaining financing or funding <br />o Assistance in providing public improvements <br />o Consideration of reduced development standards, such as reducing the number <br />of parking spaces (this consideration does not include reducing the number of <br />required on-site parking spaces in the Downtown Specific Plan Area) <br />o Consideration of mortgage revenue bonds <br />Priority 2. Projects generating new housing involving non-profit and joint for-profit housing <br />developers of housing affordable to extremely low-, very low-, low-, and moderate-income <br />households. Such projects will also be eligible for incentives to encourage such housing <br />as listed above for Priority 1 projects. <br /> <br />Priority 3. Projects involving smaller units that are affordable by design, including <br />residential developments comprising at least 66 percent small units. Smaller units are <br />1,500 square feet or less for single-family units, either attached or detached (exclusive of <br />garages) and 1,000 square feet or less for apartments/multi-family units and ADUs). To <br />the extent that these developments provide resale or other deed restrictions to retain the <br />units as affordable to moderate-income households, they may qualify for incentives at the <br />discretion of the City Council. Deed-restricted lower-income family housing units (three- <br />bedrooms or more) will not be counted against the proportion of small units required to <br />qualify for prioritization or incentives. <br /> <br />Policy 2.7 <br />Encourage the use of density bonuses in residential projects that include housing units affordable <br />to extremely low-, very low-, low-, and moderate-income households. <br /> <br />Policy 2.8 <br />When considering discretionary approval of projects, including proposals to re-zone property from <br />non-residential to residential uses, provide greater preference to projects that would incorporate <br />on-site units affordable to extremely low-, very low- and low-income households at a proportion <br />greater than that ordinarily required by the Inclusionary Zoning Ordinance, or that otherwise <br />facilitate or support the construction of lower-income housing units (e.g. donation of land, <br />additional funding for construction of off-site units at a level beyond that required in strict <br />compliance with the Inclusionary Zoning Ordinance).