Developer Incentives Programs

The Housing and Community Development Department offers several types of incentives for the production, preservation and rehabilitation of affordable housing for low-income families.

These include: density bonus ordinance, senior citizen’s ordinance, gap financing for the development of affordable housing as funds become available and prioritization of city resources as they become available.

Developer Incentives Programs:

• Density Bonus Ordinance – Provides incentives for the development of affordable for-sale and rental housing.
• Senior Citizens’ Ordinance – Provides incentives for the development of affordable senior housing.
• Gap Financing – Provides loans for the creation, preservation and rehabilitation of rental housing for low-income families at rates below those charged by commercial lending institutions. Gap Loans are expected to be leveraged with other resources that may include private equity, loans from lending institutions, and/or funds from Federal, State or local programs such as Low Income Housing Tax Credits and Tax-Exempt Multifamily Housing Revenue Bonds.
• Other Incentives for Affordable Housing – Expedited entitlements, Impact Fee deferrals and Solar/Photo-Voltaic and Energy Efficiency Rebates.

Announcements:

• RFP/SOQ’s – Notice to Developers who are interested in the development affordable housing opportunities.
  • Silvermoon Site RFP - The submission period for this RFP is closed.
• Public Notice – Notice of Public Hearings.

Resources:

• Income Limits – Review the Housing Authority Income Limit Tables here.
• Utility Allowance Schedule - Revise the City's Utility Allowance Schedule here.
• Housing Elements and HCD approval Letter - Review the latest draft here.
• Residential Housing Opportunity Sites Overlay – Housing Development Opportunities.
  • Register on Planet Bids to receive Request for Proposal notifications.
• Reporting Documents
  • Housing Successor LMIHAF Annual Report: Annual Report Regarding the Low and Moderate Income Housing Asset Funds (LMIHAF)
  • AB 987 Completed Affordable Housing Database (Health & Safety Code 33418(c) requires the redevelopment agencies to compile, maintain, and make available to the public on the internet a database of existing, new and substantially rehabilitated housing units assisted with redevelopment Low and Moderate Income Housing Funds). The database information is updated annually and was last updated February 15, 2023. For more information about AB 987, please visit http://www.assembly.ca.gov.