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ATTY/RESO.0029/CC RESO APPROVING ARCHITECTUAL PERMIT, TENTATIVE PARCEL MAP (920 SHASTA) REV: 04-22-25 VR Page 2 of 12 WHEREAS, the Project is eligible for an unlimited density bonus as a 100% affordable housing project in a very low vehicle travel area and has requested 51 density bonus units, up to five concessions, and unlimited waivers; and WHEREAS, the Project includes a request to exercise its right to seek five concessions to modify the requirements set forth in the MUT Zoning District including front setback, side setback, rear setback, minimum open space, and personal storage requirements because these requirements would be cost prohibitive and potentially reduce the amount of residential units provided. The Project also includes a request for one waiver from Off-Street Parking and Loading Requirements to allow a reduced ratio (74 spaces provided where 100 spaces are required) to allow the Project to physically accommodate the density proposed; and WHEREAS, the Project provides sufficient units to account for the replacement of the two units currently rented to low and very low-income households, as required by Government Code Section 65915(c)(3); and WHEREAS, on May 2, 2024, the Architectural Advisory Committee (“AAC”) of the City of Redwood City held a public hearing to review the building and site design of the Project, and voted 4-0 to recommend approval to the Planning Commission; and WHEREAS, on June 25, 2018, the City Council of the City of Redwood City adopted Ordinance 1130-375, the Affordable Housing Ordinance, set forth in Article 29 of the Redwood City Zoning Code (the “Ordinance”) the purpose of which is to among others, require developers to mitigate the impact of their developments on the need for affordable housing in the community and to increase the inventory of land suitable and available for residential development Projects to meet the City of Redwood City's (the “City”) regional housing need allocation through land donations; and WHEREAS, on May 03, 2024, the City Community Development Director published the Affordable Housing Program Guidelines (the “Program Guidelines”), which may be amended from time to time, as the implementation document for the City's Ordinance and provide an overview of the requirements used to mitigate the impact of new development on the need for affordable housing; and WHEREAS, an “affordable housing plan” is required for any residential or nonresidential development Project that provides affordable units, either on-site or offsite and for Projects applying for any alternative method of compliance under Section 29.8 of the Ordinance. The affordable housing plan for land donations must meet the requirements set forth in the Program Guidelines; and WHEREAS, under the Ordinance, the City may consider an alternative mitigation program proposed by a developer, such as the provision of off-site affordable units, donation of land for the construction of affordable units consistent with Subsection 29.8(H) and the requirements set forth in the Program Guidelines, purchase of existing units for