Compton City Zoning Code
§ 30-47.5
Concessions, Waivers and Other Incentives.
[Ord. #2163, § 1]
a.
Concessions, Waivers and Other Incentives. In addition to the density bonus, an applicant may request one or more concessions or other incentives, in the form of waivers of development standards as follows:
1.
One concession or other incentive for projects that include at least 5% of the units for very low-income households, 10% of the units for low-income households, or 10% of for-sale units for moderate-income households.
2.
Two concessions or other incentives for projects that include at least 10% of the units for very low-income households, 20% of the units for low-income households, or 20% of for-sale units for moderate-income households.
3.
Three concessions or other incentives for projects that include at least 15% of the units for very low-income households, 30% of the units for low-income households, or 30% of for-sale units for moderate-income households.
4.
Affordable Housing Concession Permit Required. An applicant must submit an application for an Affordable Housing Concession Permit, for approval of a request for the concessions and other incentives.
Incentive/Concessions Summary Table | |||
|---|---|---|---|
Target Group | Affordable Units | ||
Very Low Income | 5% | 10% | 15% |
Low Income | 10% | 20% | 30% |
Moderate Income | 10% | 20% | 30% |
Maximum Incentive(s)/Concession(s) | 1 | 2 | 3 |
b.
Application Requirements. An application for an Affordable Housing Concession Permit shall be filed in compliance with this section. The application shall be accompanied by the information identified in the Department handout for the Affordable Housing Concession application, including the specific economic information described in the handout. The applicant must provide evidence, to the satisfaction of the approval body, that the concession or incentive would result in identifiable, financially sufficient and actual cost reductions.
c.
Procedure. An Affordable Housing Concession Permit shall be submitted concurrently with the application for Conditional Use Permit (Section 30-26) required for new construction of a residential development of five units or more, where an addition or conversion of units may result in five units or more, in the case or a building move or where residential units are proposed in the C-L (Limited Commercial) Zone. The Planning Commission, the approval body, has the following course(s) of action regarding the Affordable Housing Concession Permit, provided that the Planning Commission shall grant the applicant's first choice of concessions if the Commission makes all of the findings in paragraph d.
1.
Approve the concession and/or other incentive described in the application for the Affordable Housing Concession Permit.
2.
Deny the concession and/or other incentive described in the application for the Affordable Housing Concession Permit.
3.
Approve one or more concession(s) and/or other incentives and deny one or more other concessions and/or incentives, if more than one concession or other incentives is described in the application for the Affordable Housing Concession Permit.
d.
Findings. A concession or other incentive shall be approved upon making the following findings.
1.
The concession or incentive is required in order for the designated units to provide for affordable housing costs and the applicant has submitted evidence, to the satisfaction of the approval body, that the concession or incentive would result in identifiable, financially sufficient and actual cost reductions; and
2.
The concession or incentive would not have a specific adverse impact on public health, on public safety, on the physical environment, or on a property that is listed in the California Register of Historical Resources; or
3.
The concession or incentive would likely have a specific adverse impact on public health, on public safety, on the physical environment, or on a property that is listed in the California Register of Historical Resources, but there is a feasible method to satisfactorily mitigate or avoid the specific adverse impact without rendering the development unaffordable to low- and moderate-income households.