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Section 3. Article XVI is hereby added to Chapter 41 of the Code to read as follows: Article XVI: Density Bonus for Affordable Housing Sec. 41-1600. Purpose of Density Bonus for Affordable Housing The purpose of this Article is to implement the mandatory provisions of California Government Code sections 65915 through 65918, as it may be amended from time to time (the "state density bonus law"), and to provide increased residential densities to developers who guarantee that a portion of their residential development will be available to Iow income, very Iow-income, or senior (also known as "qualified") households. The state density bonus law requires cities to adopt code provisions to specify the method by which the city will consider requests from housing developers seeking a density bonus for affordable or senior housing. The regulations are intended to materially assist the housing industry in providing adequate and affordable shelter for all economic segments of the community and to provide a balance of housing opportunities for Iow income, very Iow-income, and senior households throughout the city. It is intended that the affordable housing density bonus and any additional development incentive be available for use in all residential developments. It is intended that this article be interpreted in a manner that accommodates the provisions of the state density bonus law, and that, unless otherwise indicated, definitions found in the state density bonus law shall apply to this Article. Sec. 41-1601. When Density Bonus for Affordable Housing Regulations Applies (a) This division applies to any residential development of five or more dwelling units where an applicant proposes density beyond that permitted by the applicable designation of the general plan land use element in exchange for a portion of the total dwelling units in the development being reserved for Iow or very Iow-income households or for senior citizens or qualified residents through a written agreement. (b) An applicant proposing development as provided in section 41- 1601(a) shall be granted a density bonus as provided in sections 41-1602 and 41-1603 and may be granted an additional development incentive as provided in section 41-1604. Sec. 41-16(~2 Density Bonus for Affordable Housing Agreement (a) An applicant shall be granted a density bonus for any residential development for which an agreement is entered into by the applicant and the city as provided in this section. Ordinance No. NS-g485 Page 2 of 6