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CA AB3116
Bill
Status
9/22/2024
Primary Sponsor
Eduardo Garcia
Click for details
AI Summary
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Expands student housing development eligibility for density bonuses by allowing units for students enrolled currently or within the past 6 months (rather than only current students) and permits developers to verify student status through a system instead of requiring an operating agreement with institutions of higher education.
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Defines "student housing development" as containing bedrooms with 2+ bedspaces that have shared or private bathrooms, access to shared or private living rooms and laundry facilities, and shared or private kitchens.
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Increases incentives or concessions for student housing developments from 1 to 2 when projects include at least 23% of total units for lower income students (previously only 20% required 1 incentive).
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Changes density bonus calculation for student housing to vary based on percentage of low-income units (20-24% of units yields 35-50% density bonus), replacing the fixed 35% bonus.
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Allows student housing developments to have zero required parking spaces per bedspace upon developer request, down from previous requirements.
Legislative Description
Housing development: density bonuses: student housing developments.
Last Action
Chaptered by Secretary of State - Chapter 432, Statutes of 2024.
9/22/2024