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Density Bonus Agreement for 2110, 2114, and 2020 East First Street <br />July 16, 2019 <br />Page 2 <br />management will cease to lease vacant units or will pay for additional parking spaces off -site. The <br />Parking Management Plan is attached as Exhibit 3. <br />BACKGROUND <br />The Pacific Companies in partnership with Jamboree Housing ("Developer"), is seeking to develop <br />a 552-unit affordable housing project at 2110, 2114 and 2020 East First Street ("Project"). In order <br />to do so, they have requested specific concessions permissible under California Density Bonus <br />Law and the City's Housing Opportunity Ordinance (HOO). While the Density Bonus Law is not <br />going to increase the number of units that they can actually build, the concessions will allow the <br />Developer to build the proposed number of units. The Developer is seeking approval of this Density <br />Bonus Agreement in order to receive their building permit and move forward on their Project. <br />Specifically, the California Density Bonus Law allows developers to seek increases in allowed <br />zoning density by providing additional affordable housing units on -site. To make development of <br />on -site affordable housing units feasible, the law allows developers to request incentives or <br />waivers, which are essentially variances from development standards. Specifically, the developer <br />requested the following concessions: <br />..Re uRed(­_TtheMEMU M,= <br />Rrovidiad <br />Stories <br />Minimum 3, no maximum <br />6 <br />Minimum Site Area <br />1 acre <br />6.89 acres <br />Permitted Frontage <br />Forecourt, shopfront, gallery, or <br />Shopfront, with plaza on First Street <br />arcade <br />as permitted by MEMU <br />Publicly Accessible Open Space <br />15 percent of total lot area <br />Less than 2 percent— Requires <br />Concession (1 of 3), Cal. Gov't <br />Code Sec. 65915 d 1 <br />Private/Common Open Space <br />100 square feet per unit <br />104 square feet per unit <br />Building Setbacks <br />0-20 feet (front), 0-10 feet (side), 100 <br />6 (front), 6-40 (side), 45 (rear) — <br />feet (rear) <br />Requires Concession (2 of 3), Cal. <br />Gov't Code Sec. 65915 d 1 <br />Residential Parking <br />2 spaces per unit overall — every unit <br />1.03 spaces per unit — Requires <br />must be allocated at least 1 space <br />Concession (3 of 3), Cal. Gov't <br />Code Sec. 65915 (d 1 <br />Courtyard height -to -width Ratios <br />2 to 1 (enclosed on four sides), 3 to <br />Complies; various ratios in excess of <br />1 (open on one or more sides <br />2 to 1 and 3 to 1 provided <br />Driveway Width <br />24 feet maximum <br />38-46 feet — Requires Waiver, Cal. <br />Gov't Code Sec. 66915 e 1 <br />Building Massing <br />A variety of massing, volume, and <br />Complies; the building features a <br />step -backs are required to increase <br />step -back along First Street and <br />building articulation <br />breaks in volume to reduce massin <br />The first version of the Density Bonus Law was adopted in 1979 and has been amended from time <br />to time. In early 2017, the law was amended to restrict the ability of local jurisdictions to require <br />studies to justify a density bonus and places the burden on local granting authorities to prove that <br />the requested incentives/waivers are not financially warranted. <br />The California Density Bonus Law applies to projects proposing five or more residential units and <br />grants density bonuses to those projects meeting certain requirements for affordability levels and <br />types of housing (family, veterans, etc.). Pursuant to State law and the City's Housing Opportunity <br />60A-2 <br />