California AB87 amends the Density Bonus Law to incentivize affordable housing development.

California AB87 amends the Density Bonus Law to incentivize affordable housing development by allowing local governments to grant density bonuses, incentives, and concessions to developers who meet specific criteria. The bill specifies that local governments cannot condition the submission, review, or approval of an application on the preparation of additional reports or studies not required by state law. It also outlines conditions for density bonuses, including the percentage of affordable units required and the calculation of the bonus.

California AB87 amends the Density Bonus Law to incentivize affordable housing development.

California AB87 amends the Density Bonus Law to incentivize affordable housing development by allowing local governments to grant density bonuses, incentives, and concessions to developers who meet specific criteria. The bill specifies that local governments cannot condition the submission, review, or approval of an application on the preparation of additional reports or studies not required by state law. It also outlines conditions for density bonuses, including the percentage of affordable units required and the calculation of the bonus.