§ 6-8-1-13. INCLUSIONARY HOUSING BONUSES.

(A)

Any covered development, as defined under City Code Section 5-7-3, providing on-site affordable units and that is otherwise compliant with the City's Inclusionary Housing Ordinance is entitled to the following development bonuses:

1.

Density: The maximum increase in the number of dwelling units over that otherwise permitted in the residential district is twenty percent (20%) for developments in a TOD area and ten percent (10%) for developments not in a TOD area.

2.

Height: The maximum increase in height over that otherwise permitted in the residential district is ten percent (10%) for developments in a TOD area and five percent (5%) for developments not in a TOD area.

3.

FAR: The maximum increase in FAR over that otherwise permitted in the residential district is ten percent (10%) for developments in a TOD area and five percent (5%) for developments not in a TOD area.

4.

Parking: The minimum requirements for the number of parking spaces provided below that are otherwise required in Title 6 are the following:

Unit Size	In TOD Area	Outside TOD Area
0—1 Bedroom	0.5 parking spaces	0.75 parking spaces
2 Bedroom	1 parking space	1.25 parking spaces
3+ Bedroom	1.25 parking spaces	1.5 parking spaces

 

(B)

Residential developments processed as planned developments, shall have bonuses and reductions set forth in this Section calculated prior to the site development allowances set forth in Section 6-8-1-10.

(Ord. No. 117-O-16 , § 1, 12-12-2016)