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Page 5 of 7 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org attend the meeting and review the public testimony and acknowledge any written comments from the meeting prior to submitting a formal SB 35 application. Zoning Development Standards and Parking Once the full application is received, the project will be reviewed against the objective design standards of the MUC-VB Zoning District including but not limited to: setbacks, height, maximum building length, and open space. The Applicant currently proposes 44 parking spaces exceeding the minimum requirements for a transit-oriented development. Under AB 2097 (Government Code § 65863.2), projects located within a half-mile of a major transit stop—such as Caltrain Sequoia Station are not required to provide off-street parking. State Density Bonus Projects that propose affordable housing may be eligible for a State Density Bonus, which allows developers to exceed the maximum allowable density in the General Plan and Zoning Ordinance if the project includes a certain number of affordable units. The size of the density bonus is determined by the percentage and affordability level of the units included in the project. The maximum density in the MUC- VB Zoning District is 80 du/acre or 42 units for this site. The Applicant proposes to utilize a density bonus for an additional 34 units for a total of 76 units on the project site. Project sites within a half-mile of a major transit stop would qualify for an unlimited density bonus. In addition to a density bonus, affordable housing projects may also be eligible for concessions and waivers. State Density Bonus law requires the City to grant the appropriate number of concessions and unlimited waivers to an eligible project. A concession is a modification that will result in identifiable and actual cost reductions needed to provide affordable housing. The number of concessions available to an applicant are limited and depend on the percentage and affordability levels proposed. A waiver is a modification to development standard that would otherwise physically preclude the construction of a project at the density permitted including the density bonus units. There is no limit on the number of waivers that are available to a project, if necessary to accommodate the project’s permitted density. The use of a density bonus, concession, or waiver does not constitute a valid basis for finding a project inconsistent with the General Plan and Zoning Ordinance. Because this project is 100% affordable housing meeting the required affordability thresholds, the project could qualify for a certain number of concessions and waivers depending on the density bonus requested. The Applicant’s SB330 pre-application indicates that the applicant may potentially seek concessions or waivers to modify development standards related to required open space, pervious surface requirements, and required setbacks. As mentioned, the project design is still being developed, and it’s anticipated that the full list of requested concessions and/or waivers would be part of the formal application materials which will be reviewed at that time by the City. NEXT STEPS Following this informational public meeting, the Applicant will review public comments and must acknowledge the feedback received prior to submitting their formal SB 35 application. The City will also initiate and complete the tribal consultation process. To freeze local regulations under the preliminary application, the Applicant must submit the SB35 application within 180 days of the preliminary application. Upon submission, the City will have 30 days to determine application completeness. If incomplete, the Applicant would have 90 days to re-submit materials needed to complete the application. 9.A. - Page 5 of 7 429