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opportunities, commercial development, market -rate housing <br />and close to many public transportation options such as the <br />under -construction OC Streetcar, bus routes and the Santa <br />Ana Regional Transportation Center. <br />2. That the development will not be inconsistent with the purpose of <br />the underlying zone or applicable designation in the general plan <br />land use element. <br />The project site is located in an area already identified in <br />both the City's Zoning Code (the Transit Zoning Code) and <br />General Plan (the Land Use and Housing elements) for new <br />residential communities. The application includes a request <br />for a 35-percent density bonus in exchange for providing <br />eleven percent very -low income units on -site (19 units). <br />Under the State's Density Bonus Law, developers providing <br />eleven percent very -low income units may request a <br />numerical density bonus of 35 percent from the base density <br />(California Government Code Section 65915 (f)(2)). The <br />General Plan land use designation for Downtown is District <br />Center which allows 90 dwelling units per acre and <br />maximum floor area ratio (FAR) of 3.0. Based on the site <br />area of 1.41 acres at 90 dwelling units per acre 127 units are <br />allowed. In exchange for providing eleven percent very -low <br />income units on -site an additional 45 units are permitted <br />through a density bonus. Therefore, the project proposes a <br />total of 171 units with a total FAR of 4.2 for the development <br />site. Application of the floor area ratio maximum would <br />physically preclude development of on -site affordable <br />housing units. Furthermore, California Government Code <br />Section 65915 (f)(5) granting a density bonus shall not <br />require a General Plan Amendment. With approval of <br />concessions and waivers the project is consistent with the <br />underlying zoning development standards and General Plan. <br />Additionally, the project supports several goals and policies <br />within the General Plan land use element. <br />3. That the deviations are necessary to make it economically feasible <br />for the Applicant to utilize a density bonus authorized for the <br />development pursuant to section 41-1603. <br />The proposed project requires waivers, two <br />incentives/concessions, and for a reduction in required on - <br />site (off-street) parking. The deviations are described as <br />follow: <br />Resolution No. 2020-xx <br />75A-27 Page 3 of 18 <br />