{"id":4142,"date":"2022-04-04T17:54:14","date_gmt":"2022-04-04T15:54:14","guid":{"rendered":"https:\/\/affordablehousingactivation.org\/?post_type=tribe_events&p=4142"},"modified":"2022-04-28T13:30:05","modified_gmt":"2022-04-28T11:30:05","slug":"affordable-housing-bonus-program-density-bonus-schemes-in-california","status":"publish","type":"exemplary_case","link":"https:\/\/affordablehousingactivation.org\/es\/casos-de-exito\/affordable-housing-bonus-program-density-bonus-schemes-in-california\/","title":{"rendered":"Affordable Housing Bonus Program, density bonus schemes in California"},"content":{"rendered":"

Description<\/span><\/b>\u00a0<\/span><\/p>\n

In California, State law requires local governments to encourage housing development for all income levels and assist in the development of adequate housing to meet the needs of low- and moderate-income households. In 2016, the city of San Francisco revised its original scheme to adopt a 100 per cent \u201cAffordable Housing Bonus Program\u201d.<\/span>\u00a0<\/span><\/p>\n

Approved developments involve up to three stories higher than is normally permitted. All apartments in such buildings must be rented at reduced rates to households with an income at 80 per cent of the area median. Such developments are typically built by not-for-profit developers operating within the city. They usually require additional public subsidies for projects to be economically feasible.<\/span>\u00a0<\/span><\/p>\n

Actors involved<\/span><\/b>\u00a0<\/span><\/p>\n