28.5.2 Affordable For-Sale Housing Development Density Bonus

In order to incentivize the construction of multi-family housing with the inclusion of affordable for-sale housing, a density bonus shall be allowed for applicable housing developments in accordable with Article 28, Section 28.1

A.        Density Bonus Calculations

1.  A density bonus refers to a reduction in the required minimum lot area per dwelling unit. All applicable housing developments shall be allowed a by-right density bonus of thirty percent (30%) and a thirty percent (30) reduction in the lot width requirements for for-sale developments and where applicable, the thirty percent (30%) reduction in the floor area ratio (FAR).
2. When a subdivision proposes to create new lots that are substandard of the zoning district’s lot width and/or lot area requirements pursuant to Section 28.5.2.A.1, the lot width and/or lot area deficiency shall not prevent the subdivision from being eligible for administrative approval. No certificate of occupancy shall be issued until the requirements of the Inclusionary Zoning regulations in Chapter 26 of the City Code are fulfilled.

B.        Limitation of density bonus:

1.  A density bonus shall only be used in the residential portion of a mixed-use development.

Ord. 29566, 8-1-23, Zoning Docket 014-23