Item 24 - Agreement No. 2025-01 - MLC Holdings

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SPR No. 2025-01, VTTM No. 2025-01, and DBA No. 2025-01 — MLC Holdings, Inc./Meritage Homes (2020 East First Street) March 24, 2025 Page 6 Development Standards MEMU Standard Required/Allowed Provided Lot Size 1 acre 3.72 acres Building Height 3 stories minimum Townhomes — 3 stories Duplex — 4 stories Front: 10 feet Front: 30 feet East Side Yard: 15 feet (1st/2nd floor), East Side Yard: 24 feet 20/30 feet (3rd/4th floor) West Side Yard: 9 feet Setbacks West Side Yard & Rear: 5 feet Rear: 20 feet Internal Aisle: 3 feet Internal Aisle: 3 feet Building to Building: 6 feet Building to Building: 10 feet 7 inches Frontage Type Forecourt, Shop Front, Gallery, or Gallery Arcade Public Open Space 15 percent of the lot 6 percent 24,020 square feet 9,767 square feet Common Open Space 5 percent of the lot 8.23 percent of the lot 8,006 square feet 13,179 square feet 90 square feet per unit 155 square feet per unit Private Open Space (7,740 square feet) minimum 13,304 square feet Minimum Floor Heights 10 ft. (ground); 9 ft. (upper) 9'-l" ground; 9'-l" upper Parking Spaces 2 spaces per unit 2.29 spaces per unit 172 spaces) 197 spaces) Density Bonus Law As part of the project the applicant is seeking concessions allowable by the California Density Bonus law which 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 affordable or mixed -income 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. For this project, the developer is not requesting a State density bonus for additional units but will avail themselves of the incentive/concession and waivers that are required to be provided by State density bonus law for projects with the requisite affordability. Due to the