All terms used herein shall have the same meanings as set forth in the State Density Bonus Law. In addition, the following terms which are used in this chapter shall have the meaning established by this section:
“Conversion”means the change of status of a dwelling unit from a for-sale unit to a rental unit or vice versa.
“Density bonus dwelling units”means those residential units granted pursuant to the State Density Bonus Law and the provisions of this chapter which are in excess of the maximum allowable residential density of the project site.
“Density bonus housing agreement”means a legally binding agreement between an applicant and the City to ensure that the requirements of this chapter are satisfied with respect to a density bonus housing project, in accordance with Section
20.390.010 of this chapter.
“Density bonus housing project”means a residential development project which receives a density bonus, incentives and concessions, waiver or modification of development standards, or favorable parking requirements pursuant to this chapter. Where an affordable housing agreement is required pursuant to Section
20.380.014, the density bonus housing agreement and inclusionary housing agreement may be combined in a single housing agreement as provided in Section 20.390.010(D).
“Dwelling unit”shall have the definition given for dwellings in Section 20.630.002 of the Municipal Code.
“For-sale unit”means a dwelling unit, including an attached or detached single-family home, condominium, stock cooperative or community apartment, which is offered for sale to individual buyers.
“Incentives”means concessions and incentives as described in Government Code Section
65915(k), granted by the City in accordance with the State Density Bonus Law and this chapter.
“Market-rate unit”means a dwelling unit where the rental rate or sales price is not restricted either by this chapter, Chapter
20.380 of the Municipal Code, or by requirements imposed through other local, State, or Federal affordable housing programs.
“Maximum allowable residential density”means the maximum number of residential units permitted on the project site, which number of units is calculated by multiplying the net developable acreage of the project site times the growth management control point(s) for the project site’s applicable residential General Plan designation(s).
“Residential development”means any new residential construction of rental or for-sale units; or development revisions, including those with and without a master plan or specific plan, planned unit developments, site development plans, mobile home developments and conversions of apartments to condominiums, as well as dwelling units for which the cost of shelter is included in a recurring payment for expenses, whether or not an initial lump sum fee is also required.
“Target dwelling unit”means a dwelling unit that will be offered for rent or sale exclusively to and which shall be affordable to the designated income group or qualified resident, as required by this chapter.
“Very low income household”shall have the meaning as defined in California Health and Safety Code Section
50105. For purposes hereof, very low income households shall include extremely low income households, as defined in California Health and Safety Code Section
50106.
(Ord. 1566 § 2, 2018)