California SB1383 modifies the Density Bonus Law to incentivize the construction of affordable housing for low, very low, and moderate-income.

California SB1383 amends the Density Bonus Law to provide additional incentives for housing developments that include affordable units for low, very low, and moderate-income households. Local governments must comply with specific criteria when granting density bonuses, incentives, or concessions for such developments. The bill outlines the percentage of units that must be affordable based on income levels and the corresponding density bonuses.

California SB1383 modifies the Density Bonus Law to incentivize the construction of affordable housing for low, very low, and moderate-income.

California SB1383 amends the Density Bonus Law to provide additional incentives for housing developments that include affordable units for low, very low, and moderate-income households. Local governments must comply with specific criteria when granting density bonuses, incentives, or concessions for such developments. The bill outlines the percentage of units that must be affordable based on income levels and the corresponding density bonuses.