California AB2480 modifies the Density Bonus Law to incentivize the construction of student housing developments with affordable units for lower.

California AB2480 amends the Density Bonus Law to provide incentives for student housing developments. Local governments must grant a density bonus to developments that meet specific criteria, such as providing a certain percentage of units for lower income students. The bill outlines how density bonuses are calculated based on the percentage of affordable units. It also sets rent limits for lower income students and requires a system to confirm student status.

California AB2480 modifies the Density Bonus Law to incentivize the construction of student housing developments with affordable units for lower.

California AB2480 amends the Density Bonus Law to provide incentives for student housing developments. Local governments must grant a density bonus to developments that meet specific criteria, such as providing a certain percentage of units for lower income students. The bill outlines how density bonuses are calculated based on the percentage of affordable units. It also sets rent limits for lower income students and requires a system to confirm student status.