BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2222
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          CONCURRENCE IN SENATE AMENDMENTS
          AB 2222 (Nazarian)
          As Amended  August 22, 2014
          Majority vote
           
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          |ASSEMBLY:  |72-0 |(May 23, 2014)  |SENATE: |35-0 |(August 26,    |
          |           |     |                |        |     |2014)          |
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           Original Committee Reference:    H. & C.D.  

           SUMMARY  :  Prohibits an applicant from receiving a density bonus  
          unless the proposed housing development or condominium project  
          would, at a minimum, maintain the number and proportion of  
          affordable housing units within the proposed development.   
          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 proposed on any property  
            that includes a parcel or parcels on which rental dwelling  
            units are or, if the dwelling units have been vacated or  
            demolished 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 a developer may overcome the above prohibition  
            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  
               additional affordable units at the percentage required by  
               existing density bonus law, inclusive of the units replaced  








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               pursuant to this bill; or,

             b)   For 100% affordable developments all units, except for  
               the manager's unit or units, are occupied by either very  
               low- or low- income households.

          3)Defines "replace," for purposes of replacing units affordable  
            to or occupied by lower income households, as meaning:

             a)   For developments occupied on the date of application,  
               the developer must provide at least the same number of  
               units of equivalent size or type, or both, to be made  
               available for affordable rent or ownership to, and occupied  
               by, persons and families in the same or lower income  
               category.  Unoccupied units within the development are  
               replaced in the same proportion as the occupied units.  

             b)   For developments vacated or demolished within the  
               five-year period preceding the application, the developer  
               must provide a number of units available for rent or  
               ownership, affordable to persons and families in the same  
               or lower income category, that is equivalent to the highest  
               number of units affordable to or occupied by low-income  
               households as existed in that five-year period.  If the  
               incomes of the former residents are unknown, then one-half  
               of the replacement units must be affordable to very  
               low-income households and one-half to low-income  
               households.  

          4)Provides that rental replacement units must be subject to a  
            recorded affordability restriction for at least 55 years.

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

          6)Provides that affordable ownership units that qualify a  
            development for a density bonus must be subject to an equity  
            sharing agreement, as opposed to a resale restriction.

          7)Clarifies that, other than through the incentive or concession  
            provisions under density bonus law, the granting of a density  
            bonus does not require the waiver of a local ordinance or  
            provisions of a local ordinance unrelated to development  
            standards.








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          8)Provides that this bill does not apply to applicants for  
            density bonuses with applications submitted to, or processed  
            by, a local government before January 1, 2015. 

           The Senate amendments  :  

           1)Clarify that a density bonus applicant is prohibited 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 or  
            parcels on which affordable rental dwelling units existed at  
            any time in the five-year period preceding the application,  
            including units that have since been vacated or demolished.

          2)Clarify that a manager's unit or units is not counted towards  
            determining whether a project is 100% affordable for purposes  
            of overcoming the prohibition on density bonus on sites where  
            affordable rental housing has existed within the five-year  
            period preceding the application.

          3)Define the term "replace," for purposes of replacing units  
            affordable to or occupied by lower-income households, as  
            meaning: 

             a)   For developments occupied on the date of application,  
               the developer must provide at least the same number of  
               units of equivalent size or type, or both, to be made  
               available for affordable rent or ownership to, and occupied  
               by, persons and families in the same or lower income  
               category.  Unoccupied units within the development are  
               replaced in the same proportion as the occupied units.  

             b)   For developments vacated or demolished within the  
               five-year period preceding the application, the developer  
               must provide a number of units available for rent or  
               ownership, affordable to persons and families in the same  
               or lower income category, that is equivalent to the highest  
               number of units affordable to or occupied by low-income  
               households as existed in that five-year period.  If the  
               incomes of the former residents are unknown, then one-half  
               of the replacement units must be affordable to very  
               low-income households and one-half to low-income  
               households.  
          4)Provide that rental replacement units must be subject to a  








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            recorded affordability restriction for at least 55 years.

          5)Provide that, for mixed-income housing developments,  
            replacement units count towards the density bonus formula.

          6)Provide that affordable ownership units that qualify a  
            development for a density bonus must be subject to an equity  
            sharing agreement, as opposed to a resale restriction.

          7)Clarify that, other than through the incentive or concession  
            provisions under density bonus law, the granting of a density  
            bonus does not require the waiver of a local ordinance or  
            provisions of a local ordinance unrelated to development  
            standards.

          8)Provide that this bill does not apply to applicants for  
            density bonuses with applications submitted to, or processed  
            by, a local government before January 1, 2015. 

           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  
          rental and ownership units.  Under existing law, a developer  








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          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 occupied by very low- or  
          low-income households or subject to rent control.  This includes  
          units and projects that have since been vacated or demolished.

          However, an applicant may overcome this prohibition by  
          replacing, as specified, the affordable units with rental or  
          ownership 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  
          (inclusive of the replacement units) 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 rental units that qualified an applicant for a  
          density bonus, and requires replacement rental units to be  
          subject to a recorded affordability restriction for at least 55  
          years.  If the units that qualified an applicant for a density  
          bonus are affordable ownership units, as opposed to rental  
          units, they must be subject to the equity sharing model rather  
          than a resale restriction. Under existing law, only moderate  
          income affordable ownership units are subject to the equity  
          sharing model.

          This bill also clarifies that, other than through the incentive  
          or concession provisions under density bonus law, the granting  
          of a density bonus does not require the waiver of a local  
          ordinance or provisions of a local ordinance unrelated to  
          development standards.

          Lastly, this bill does not apply to applicants for density  
          bonuses with applications submitted to, or processed by, a local  
          government before January 1, 2015.


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










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