Cohousing-L Mailing List: RE: Affordable housing

[Gerald Rioux (rioux]

Sorry... I mean if all the bonus units are affordable

On Tue, 28 Mar 1995, Jeffrey O. Hobson wrote:

> Jerry Rioux wrote:
> >In California, the state requires cities and counties to give a 25% 
> >density bonuses for housing projects that include an equal number of 
> >affordable units.  
> 
> Jerry, I'm not sure I understand your "equal number" statement.  Say a
> developer has a plot which is zoned for 40 units.  Under what conditions
> does the developer get a density bonus?
> a) if he/she offers 10 affordable, 40 market (i.e., the 25% bonus market
> rate units (10) are equal to the number of affordable units),  OR
> b) if he/she offers 25 affordable, 25 market (i.e., equal numbers affordable
> and market rate).