UPDATE: This legislation was approved and signed by the Governor on 10-11-23.
AB-1287 was introduced by Assembly Member Alvarez on 2-16-23.
This bill would grant an additional density bonus of up to 50% for projects meeting affordable housing criteria.
To achieve the maximum 50% density bonus, the project must set aside:
24% to low income households (base density units)
15% to very low income households (base density units)
44% of the TOTAL units for moderate income households (total units)
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