Introduction

ATaleofTwoCities

ColinParentExecutiveDirectorandGeneralCounsel

CirculateSanDiegocparent@circulatesd.org

(858)442-7374

WhatisCADensityBonusLaw?

• TradingDevelopmentRightsforAffordableUnits

• Development“Bonus”ofupto35%abovewhatlocalsallowfordensity

• Tomaximizebonus:11%affordableat50%AreaMedianIncome

• Providesuptothree“Incentives”whichareconcessionsfromlocaldevelopmentstandards

• AB744parkingreductionsneartransit

•Mixed-Incomeand100%affordable

CityofLaMesa– AffordableHomesBonus

CityofLaMesa:

• 60,000residents• Suburban• MostlyRepublican• Pro-homesmajority• Lotsoftransit,allinfill

AffordableHomesBonusProgram

• VanillaimplementationofStateLaw

• SignaltomarketthatCitywillbeafaithfulimplementer.(Threeprojectsalreadyusedit.)

• UsedforAB744parkingreeducations,notalwaysdensity

CityofSanDiego– EnhancedDensityBonus

CityofSanDiego:

• 1.4Million• SunbeltUrban• DemocraticCouncil(5of9),RepublicanMayor• Pro-homesmajority• Lotsoftransit,allinfill,organizedhousingopponents

EnhancedDensityBonus

• Expandeddensitybonusinexchangeformoreaffordablehomes(50%bonusfor15%affordable)

• Expandedavailabilityof“incentives.”

• ImplementationofAB744Parkingbenefits

CityofSanDiego- DensityBonus- MakingtheDeal

Principles:

(1)Win-Win: forbothmarket-rateandaffordable

(2)Proformaanalysis: forutilityofexpansion

(3)Keepitsimple:

oDon’taddnewvariables

oEasiertomakeadeal

oUsetrade-offsothershaveestablished

CityofSanDiego- DensityBonusRatios

PercentVery Percent Numberof

Incentives

LowIncomeUnits Density Bonus

StateLaw

Requ

iremen

ts

5 20

16 22.57 258 27.59 3010 32.5

211 35

SanDiego’s

Discretio

n 12 38.75 313 42.5

414 46.25>15 50 5

CityofSanDiego– PoliticalConcensusinaPurpleCity

CityofSanDiego– PerformanceReport

www.circulatesd.org/ahbpreport

CityofSanDiego– ApplicationData

118%

120%

122%

124%

126%

128%

130%

132%

134%

136%

FormerDensityBonus NewAHBP

AverageDensityBonusPerProject

AverageBonusDensity:

•FormerDensityBonus:125%

•AHBP:135%

CityofSanDiego– ApplicationData

0

5

10

15

20

25

30

35

BonusMarket-RateUnits AffordableUnits

BonusUnitProductionPerMonthinMixed-IncomeDensityBonusProjects

FormerDensityBonus

NewAHBP

ThankYou!

ColinParentExecutiveDirectorand

GeneralCounselCirculateSanDiego

cparent@circulatesd.org(858)442-7374