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Resolution No. 2019-xx <br />Page 2 of 9 <br /> <br />6. The Planning Commission determines that the following findings, which <br />must be established in order to grant this Density Bonus Agreement <br />application pursuant to SAMC Section 41-1607, have been established for <br />Density Bonus Agreement No. 2018-01 to allow construction of the <br />proposed project: <br />1. The proposed development will materially assist in accomplishing <br />the goal of providing affordable housing opportunities in <br />economically balanced communities throughout the city. <br />The proposed development will provide 92 affordable rental <br />family housing units, contributing toward the City’s rental <br />housing stock to serve the needs of diverse and <br />underserved populations. The area in which the project is <br />proposed, the Transit Zoning Code, currently contains an <br />affordable mixed-use community and market-rate multi- <br />family housing. The construction of this project will contribute <br />toward an economically balanced community by providing <br />housing for different demographic and income levels in an <br />area rich with employment opportunities, commercial <br />development, and market-rate housing. <br />2. The development will not be inconsistent with the purpose of the <br />underlying zone or applicable designation in the general plan land <br />use element. <br />The project site is in an area already identified in both the <br />City’s Zoning Code (the Transit Zoning Code) and General <br />Plan (the Land Use and Housing elements) for new <br />residential communities. Moreover, the City’s General Plan <br />land use designation for the project site is Urban <br />Neighborhood which applies to primarily residential areas <br />with pedestrian oriented commercial uses, schools and small <br />parks. This designation allows for a mix of residential uses <br />and housing types, such as mid to low rise multiple family, <br />townhouses and single-family dwellings; with some <br />opportunities for live work, neighborhood serving retail and <br />service, public spaces and use, and other amenities. Lastly, <br />the proposed density of 53.4 units is below the density <br />bonus provisions in the California Density Bonus Law for <br />family-oriented projects (35-percent density bonus) and in <br />the City’s Housing Opportunity Ordinance (35-percent <br />density bonus). <br />3. The deviation is necessary to make it economically feasible for the <br />Applicant to utilize a density bonus authorized for the development <br />pursuant to section 41-1603. <br />1-11