Calculation of Density Bonus and Number of Incentives and Concessions.
Density Bonus Summary Table | ||||
|---|---|---|---|---|
Target Group | Minimum % Target Units | Bonus Granted | Additional Bonus for Each 1% Increase in Target Units | % Target Units Required for Maximum 35% Bonus |
Very Low Income | 5% | 20% | 2.5% | 11% |
Low Income | 10% | 20% | 1.5% | 20% |
Moderate Income (Condo or PD only) | 10% | 5% | 1% | 40% |
Senior Citizen Housing Development | 100% | 20% | — | — |
Incentives/Concessions Summary Table | |||
|---|---|---|---|
Target Group | Target Units | ||
Very Low Income | 5% | 10% | 15% |
Low Income | 10% | 20% | 30% |
Moderate Income (Condo or PD only) | 10% | 20% | 30% |
Maximum Incentive(s)/Concession(s) | 1 | 2 | 3 |
Note: A concession or incentive may be requested only if an application is also made for a density bonus, except for child care facilities pursuant to § 36-18.20.5. | |||
Calculation of Density Bonus and Number of Incentives and Concessions.
Density Bonus Summary Table | ||||
|---|---|---|---|---|
Target Group | Minimum % Target Units | Bonus Granted | Additional Bonus for Each 1% Increase in Target Units | % Target Units Required for Maximum 35% Bonus |
Very Low Income | 5% | 20% | 2.5% | 11% |
Low Income | 10% | 20% | 1.5% | 20% |
Moderate Income (Condo or PD only) | 10% | 5% | 1% | 40% |
Senior Citizen Housing Development | 100% | 20% | — | — |
Incentives/Concessions Summary Table | |||
|---|---|---|---|
Target Group | Target Units | ||
Very Low Income | 5% | 10% | 15% |
Low Income | 10% | 20% | 30% |
Moderate Income (Condo or PD only) | 10% | 20% | 30% |
Maximum Incentive(s)/Concession(s) | 1 | 2 | 3 |
Note: A concession or incentive may be requested only if an application is also made for a density bonus, except for child care facilities pursuant to § 36-18.20.5. | |||