BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2222
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          ASSEMBLY THIRD READING
          AB 2222 (Nazarian)
          As Amended  May 5, 2014
          Majority vote 

           HOUSING             7-0         LOCAL GOVERNMENT    8-0         
           
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          |Ayes:|Chau, Beth Gaines,        |Ayes:|Achadjian, Levine, Alejo, |
          |     |Gordon, Brown,            |     |Bradford, Gordon,         |
          |     |Maienschein, Quirk-Silva, |     |Melendez, Mullin, Rendon  |
          |     |Yamada                    |     |                          |
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :  Prohibits an applicant from receiving a density bonus  
          unless the proposed housing development or condominium project  
          would maintain the number and proportion of affordable housing  
          units within the proposed development, and increases the  
          required affordability from 30 years or longer to 55 years or  
          longer.  Specifically,  this bill  :  

           1)Prohibits an applicant from receiving a density bonus or any  
            other incentives or concessions if a proposed housing  
            development or condominium project is located on any property  
            that includes a parcel on which dwelling units have, at any  
            time in the five-year period preceding the application, been:

            a)   Occupied by very low- or low-income households;

             b)   Subject to a recorded covenant, ordinance, or law that  
               restricts rents to levels affordable to persons and  
               families of very low- or low-income; or

             c)   Subject to any other form of rent or price control  
               through a public entity's valid exercise of its police  
               power.

          2)Provides that the prohibition in 1) above, does not apply if  
            the proposed housing development or condominium project would  
            replace the existing affordable units with at least the same  
            number and type of affordable units and either of the  
            following applies:

             a)   For mixed-income housing, the development must include  








                                                                  AB 2222
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               additional affordable units at the percentage required by  
               existing density bonus law; or,

             b)   For 100% affordable developments all units are occupied  
               by either very low- or low- income households.

          3)Increases the affordability requirement of all very low- and  
            low-income units that qualified an applicant for a density  
            bonus from 30 years or longer to 55 years or longer.

           FISCAL EFFECT  :  None

           COMMENTS  :  To help address California's affordable housing  
          shortage, the Legislature enacted density bonus law to encourage  
          the development of more affordable units.  Under current law, a  
          city or county must grant a density bonus, concessions and  
          incentives, prescribed parking requirements, as well as waivers  
          of development standards upon a developer's request when the  
          developer includes a certain percentage of affordable housing in  
          a housing development project.  
          
          Density bonus law was originally enacted in 1979, but has been  
          changed numerous times since.  SB 1818 (Hollingsworth), Chapter  
          928, Statutes of 2004, made significant changes to the law,  
          including reducing the number of housing units required to be  
          provided at below market rate in order to qualify for a density  
          bonus.  Developers are entitled to benefits under the density  
          bonus law when they include as few as one affordable housing  
          unit as part of an otherwise market-rate project.  A housing  
          project with only 5% very low-income housing is entitled to a  
          20% density bonus, one concession, unlimited waivers from  
          development standards, and reduced parking standards for the  
          entire project.  

          This bill addresses the preservation of existing affordable  
          units.  Under existing law, a developer proposing to develop a  
          residential project, or an applicant for approval to convert  
          apartments to a condominium project, qualifies for a density  
          bonus if the proposed project has a specific percentage of units  
          set-aside for affordable housing.  This bill would prohibit an  
          applicant from receiving a density bonus, incentive, or  
          concession if a proposed housing development or condominium  
          project is located on property where dwelling units have, at any  
          time in the five-year period preceding the application, been  








                                                                  AB 2222
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          occupied by very low- or low-income households or subject to  
          rent control. 

          However, an applicant may overcome this prohibition by replacing  
          all existing affordable units with units of equivalent  
          affordability and size and/or type, as well as either providing  
          an additional set-aside of affordable housing units under the  
          density bonus formula or developing a 100% affordable project.   
          This bill also increases the required affordability from 30  
          years or longer to 55 years or longer for all affordable units  
          that qualified an applicant for a density bonus.

          Purpose of the bill:  Adequate and affordable housing is an  
          issue of statewide concern but, according to the author, the  
          change made to density bonus law by SB 1818 had the reverse  
          effect and resulted in fewer affordable units.  This bill  
          ensures that affordable units are preserved when a developer  
          proposes to demolish a site and the new proposal is to replace  
          the prior structure with a new residential structure by ensuring  
          that the project begins with the same number of affordable  
          units.  This bill also increases the affordability requirement  
          from 30 years to 55 years for all affordable units that  
          qualified an applicant for a density bonus, which is consistent  
          with other state and local programs and promotes the supply of  
          affordable units for years to come.

           
          Analysis Prepared by  :    Rebecca Rabovsky / H. & C.D. / (916)  
          319-2085 


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