The City shall grant a density bonus through the No Net Loss Program to projects which meet the following criteria:

A.

The project is on a parcel of at least one acre, or the applicant is processing an application concurrently with a parcel merger of two or more lots or more which will create a lot of not less than one acre.

B.

The project takes place in one of the following zones:

1.

Traditional Neighborhood (TN)

2.

Residential Multiple-Family (MFR)

3.

Downtown Residential Multi-Family (DMF)

4.

Sixth Street Mixed Use Residential (SSMU-R)

5.

Transit Oriented Development Overlay (TOD)

C.

In determining the number of density bonus units to be granted pursuant to this section, the maximum allowable residential density for the site shall be computed as follows:

1.

In the Traditional Neighborhood (TN) zone the total number of dwelling units allowed under this program shall be calculated by multiplying the maximum density allowed under the applicable zoning designation and multiplying the result by 1.1 for a ten percent density bonus.

2.

In the Residential Multiple-Family (MFR), Downtown Residential Multi-Family (DMF), Sixth Street Mixed Use Residential (SSMU-R) or Transit Oriented Development Overlay (TOD) zones, the total number of dwelling units allowed under this program shall be calculated by multiplying the maximum density allowed under the applicable zoning designation and multiplying the result by 1.2, for a 20 percent density bonus.

3.

Density bonuses in the No Net Loss Program can be combined with other density bonus programs as established in Chapter 17.10 of the Beaumont Municipal Code or with a program in the City's Housing Element.

4.

In no case shall the number of density bonus units awarded under the No Net Loss Program exceed the number of units in the unit bank.

5.

In no case shall the total number of units awarded under any density bonus program exceed 100 percent of those available under Chapters 17.10 and 17.20.

D.

A density bonus agreement shall be required for any project seeking a density bonus as part of the No Net Loss Program.

(Ord. No. 1139, § 6(Exh. A), 9-7-2021)