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EXHIBIT 5 DBA No. 2018-01 January 14, 2019 Page 3 Redevelopment and Housing Commission the unit mix was changed. The project is now proposed to be entirely affordable with ninety-two (92) units available to households earning less than 60 -percent AMI, of which thirty-three (33) units will be set-aside for Permanent Supportive Housing. The last remaining unit will be a dedicated manager unit. Table 2 provides a complete breakdown of the unit affordability mix proposed by the developer for the -project. Table 2: Unit Affordability Mix Income Limit Category 1 -Bedroom 2 -Bedroom 3 -Bedroom Total Permanent Supportive Housing >30% AMI 30 3 33 Extremely Low Income (>30% AMI) 5 5 Very Low Income >40% AMI 60 6 Very Low Income (>50% AMI) 20 11 31 Low Income >60% AMI 12 5 17 Exempt Managers Unit 1 1 Total 30 41 22 93 Density Bonus The California Density Bonus law allows developers proposing five or more residential units to seek increases in base density for providing on-site housing units in exchange for providing affordable units on site. To help make constructing on-site affordable units feasible, the law allows developers to seek up to three incentives/concessions and an unlimited number of waivers, which are essentially variances from development standards that would help the project be built without significant burden and without detriment to public health. The first version of the Density Bonus Law was adopted in 1979 and has since been amended at various times. Recent revisions allow affordable housing developers to request incentives/concessions and/or waivers for 100 -percent affordable developments, even if they do not require a numerical density bonus. Moreover, in early 2017, the law was amended to restrict the ability of local jurisdictions to require studies to "justify" the density bonus and requested incentives/waivers and places the onus on local jurisdictions to prove that the incentives/concessions or waivers are not financially warranted. Due to the project's 100 -percent affordability rate the developer can seek up to three density bonus concessions and unlimited waivers, pursuant to Section 65915 et al. of the California Government Code (Density Bonuses and Other Incentives). In addition, the City's Housing Opportunity Ordinance (HOO) allows developers to request up to two concessions to facilitate construction of affordable housing. Pursuant to Sec. 41-1904.1 of the HOO, the developer is requesting a 35 -percent density bonus. As outlined by Table 3 below, the maximum unit yield for the 1.74 -acre site using the TZC standards and both City and State density bonus is 94 units. Table 3: Density Bonus Calculation ,Density or -Bonus Allowed for Project . Provided. Base Density 52 units (1.74 acres x 30 units/acre 52 Units base density based on Courtyard Housing type, which is the most "intense" type allowed in UN -2). 75A-81