California AB939 modifies the Density Bonus Law to incentivize construction of affordable housing by increasing density bonuses for developments.

California AB939 amends the Density Bonus Law to provide additional density bonuses for housing developments that meet certain criteria, such as including a specified percentage of affordable units for low-income, very low-income, or moderate-income households, and being located within a half-mile of a major transit stop. The bill also allows for waivers or reductions of development standards under certain conditions, and sets specific parking ratios for different types of developments.

California AB939 modifies the Density Bonus Law to incentivize construction of affordable housing by increasing density bonuses for developments.

California AB939 amends the Density Bonus Law to provide additional density bonuses for housing developments that meet certain criteria, such as including a specified percentage of affordable units for low-income, very low-income, or moderate-income households, and being located within a half-mile of a major transit stop. The bill also allows for waivers or reductions of development standards under certain conditions, and sets specific parking ratios for different types of developments.