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1. That the proposed development will materially assist in <br />accomplishing the goal of providing affordable housing <br />opportunities in economically balanced communities throughout the <br />city. <br />The proposed development will provide 418 affordable rental <br />senior housing units (and one on-site manager's unit), <br />contributing toward the City's rental housing stock to serve <br />the needs of diverse and underserved populations. The area <br />in which the project is proposed, the Metro East Mixed Use <br />overlay district, currently contains one market -rate mixed use <br />community and another entitled market -rate mixed use <br />community. The construction of this project will contribute <br />toward an economically balanced community by providing <br />housing for different demographic and income levels in an <br />area rich with employment opportunities, commercial <br />development, and market -rate housing. <br />2. That the development will not be inconsistent with the purpose of <br />the underlying zone or applicable designation in the general plan <br />land use element. <br />The project site is located in an area already identified in <br />both the City's Zoning Code (the Metro East Mixed Use <br />overlay district) and General Plan (the Land Use and <br />Housing elements) for new residential communities. <br />Moreover, the proposed density of 132 units per acre is <br />consistent with the density bonus provisions in the California <br />Density Bonus Law for senior projects (20 -percent density <br />bonus) and in the City's Housing Opportunity Ordinance (35 - <br />percent density bonus). <br />3. That the deviation is necessary to make it economically feasible for <br />the Applicant to utilize a density bonus authorized for the <br />development pursuant to section 41-1603. <br />The proposed project requires three deviations through <br />incentives/waivers: publicly -accessible open space, building <br />setbacks (side and rear), and driveway width. The three <br />deviations are described as follows: <br />First, the MEMU regulating plan requires that publicly - <br />accessible open space be provided along main street -facing <br />fagades. Because the project has such a limited frontage on <br />First Street, meeting this requirement would result in the <br />building being pushed back significantly from First Street and <br />would render almost the first 1/3 of the depth unusable for <br />Resolution No. 2017-29 <br />Page 4 of 9 <br />