Reso PC17-02 0013 PC Reso 801 Brewster

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Section 7. Planned Development Permit PD2016-003: The Planning Commission finds that the project will provide an environment of physical and functional desirability, in harmony with the character of the surrounding neighborhood and Downtown Precise Plan area. that: Section 8. Affordable Housing Plan: The Planning Commission finds that: The affordable housing plan conforms to the Affordable Housing Ordinance and the proposed affordable units comply with the standards in Section 18.272, including without limitation compliance with Section 18.272(B) requiring that the affordable units be made available for occupancy concurrently with the market -rate units; and The proposed affordable rental units would comply with the required standards including providing a comparable quality of construction to onsite market -rate units, making the units available for occupancy at the same time as market - rate units, and ensuring the continued affordability of the units. The affordable units would provide compatible exterior and interior finishes, and the same amenities as the market rate units. This includes the same access to common open space, parking, storage, fitness center, and other onsite facilities. The number of bedrooms and distribution of units within the development would also be comparable to the market -rate units. The affordable units would be available to qualifying very low income households and remain affordable units for a minimum duration of 55 years. 2. The affordable units will mitigate the impact of the project on the need for affordable housing. The proposed affordable units mitigate the projects impact on the need for affordable housing by providing 50 affordable units at the very -low income level onsite. This mix of housing affordability will serve a range of users, who will have the same access to amenities, goods and services. Section 9. Affordable Housing Density Bonus: The Planning Commission finds The proposed project would include at least 15 percent of the 198 -unit base project for very low income households, as described in the staff report, and therefore three density bonus concessions are required, although only two concessions are being sought (both for additional building height), in order to provide for affordable dwelling units as specified in Government Code Section 65915 and Section 32.19 of the Redwood City Zoning Code. Section 10. The Downtown Planned Community Permit including eleven Guideline deviations, Tentative Map, Condominium Permit, Planned Development Permit, Affordable Housing Plan, and Affordable Housing Density Bonus are hereby approved based on the Planning Commission's consideration and reliance on the Initial Study (IS) and Downtown Precise Plan EIR and in accordance with the plans, details, and descriptions contained therein, attached hereto and incorporated herein by reference, and subject to the following Conditions of Approval: ATTY/RES0.0013/PC RESO 801 BREWSTER REV: 02-03-17 PR Page 5 of 18