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PROPOSED DENSITY BONUS ORDINANCE AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF OXNARD AMENDING THE CITY DENSITY BONUS LAW AND RELATED INCENTIVES AND CONCESSIONS BY REPEALING DIVISION 7 OF CHAPTER
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A proposed density bonus ordinance is a regulation that allows developers to build more units than allowed by current zoning regulations in exchange for providing certain community benefits.
Developers who wish to take advantage of the density bonus incentive are required to file a proposed density bonus ordinance with the local government.
Developers must include information such as the number of bonus units requested, the type of community benefits offered, and how the proposed development will meet the requirements of the ordinance.
The purpose of a proposed density bonus ordinance is to encourage the development of affordable housing units and other community benefits in exchange for allowing developers to exceed current zoning restrictions.
The proposed density bonus ordinance must include details on the number of bonus units requested, the type of community benefits offered, and how the proposed development will meet the requirements of the ordinance.
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