28.5.1 Affordable Rental Housing Development Density Bonus

In order to incentivize the construction of multi-family housing with the inclusion of affordable rental housing, a density bonus shall be allowed for applicable housing developments in accordance 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%). Housing Developments may be allowed up to a fifty percent (50%) density bonus if the development remains within the permissible height and floor area ratios (FAR) regulated by the base zoning district.
2. All rental affordable units of additional units provided by the density bonus shall be constructed on-site.

B.        Limitation of density bonus:

1. A density bonus shall only be used in the residential portion of a mixed-use development.
2. Up to a fifty percent (50%) density bonus shall only be allowed in the “core” submarkets.

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