Maximum State Density Bonus Increases for Primarily Market-Rate Housing Projects under AB 2345
By EsqSocial Corporation 07/10/20
The State Density Bonus Law, Government Code section 65915, provides the opportunity to develop additional market-rate housing and receive other benefits in exchange for including affordable units in a project. Governor Newsom recently signed legislation, Assembly Bill 2345, that makes several amendments to the Density Bonus Law, the most significant of which will increase how much additional density a predominately market-rate project can obtain......
By: Perkins Coie