The city council shall consider and take action on the density bonus application concurrently with other applications for the residential housing project, which shall be processed in accordance with timelines established by state law, including the Permit Streamlining Act (Government Code Title 7, Division 1, Chapter 4.5), the Subdivision Map Act (Government Code Title 7, Division 2), and the California Environmental Quality Act Statutes and Guidelines (Public Resources Code Division 13, and California Code of Regulations, Title 14, Chapter 3).