California SB1383 modifies the Density Bonus Law to incentivize construction of affordable housing by increasing density bonuses for developments.
California SB1383 amends the Density Bonus Law to provide additional density bonuses for housing developments that meet certain criteria, such as including affordable units for lower income students and being located near transit stops. The bill allows developers to request incentives or concessions, including waivers of parking requirements, if their projects meet specific affordability and location criteria. It also outlines how density bonuses and parking ratios should be calculated and rounded.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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