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Planning Commission Page 3 of 10 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 Percent Affordable Housing Developments: • 100 percent lower-income (at or below 80 percent AMI), for-sale or rental unit • Deed restriction for 55 years (rental) or 45 years (owner-occupied) Mixed-Income Housing Along Commercial Corridors • Rental: eight percent very low income plus five percent extremely low income, or 15 percent lower income • Owner-Occupied: 30 percent moderate income or 15 percent 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 Percent 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. Specific Plan area) that permits multi- family development on the site. • At least 75 percent of the site adjoins parcels developed with urban uses. • Cannot be a site or adjoined to 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. • Cannot be within 500 feet of a freeway. • Cannot be located on a site that would require the demolition of an historic structure1 or a site where a prior residential unit was demolished within the last 10 years. In addition, for mixed-income housing, the following would also apply: • Cannot be on a site where the development would require the demolition of deed - restricted affordable housing, housing occupied by tenants within the last 10 years, or rent-controlled housing. • Cannot be more than 20 acres in size. • Must abut a commercial corridor and have at least 50 feet of frontage on the corridor. 1 Defined as a structure placed on a national, state or local register.