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likelihood chan ~n ordinanc~ "V{ll 5~ cnailen~ed on ~he ~rounds <br /> <br /> 0£ course, nor all communities o~'£er 1 density bonus <br />incentive. Boulder o['£ers i menu o(orher incenuves ~o <br />developers, including a waiver of excise taxes ~nd <br />deveiopmenr rev(ow ipplicadon ~es. and digibiiiE/for ciu/ <br />housing subsidy ~ranrs. OrS, er ,communities o~[e: i <br />combination oF incentives chac include i 4ens[rv bonus. For <br />instance, m addition so i densi~z bonus of up ro 20 percent <br />Fairfax Coun~z also o~[ers a reduction in bui~ regulations. <br />Montgomery Counda MarTian& combines a density bonus <br />with smaiier [or sizes and the :ibiiirv ro build attached units <br />in detached ' ' ~ <br /> ~oosln~ zones. <br /> <br />Tb, e density oonus is .:_he '::~ ." <br />most common mc~ntive <br />provided in :,nciusionaiT; <br />ocCtinances.~t ,iensi~,r <br />bonus is :he percentage o( <br /> <br />ordinance filows '%bore <br />~a be~/ond" the <br />zoning designation in <br />exchange ~br ~he provision <br />oF affor~aNe housing. The S~ra Fe 0rdinanca :~to~s a densim <br />bonus equal ro ~he set-aside percentage (! ~ percent or ~6 <br />perc=nr.n The ~rvine, Caiiibrnia, ordinance provides a <br />percsar densi~/bonus as mandated by store law. <br /> <br />:4..O'orcta~,~e oouxmf ~zeve.o?menrs <br /> ;n /rvme. Cad,arran. <br /> <br />[nci~ionat7 sonin~ ~s marker sensitive m <br />mar ir reties ,)n a strong residenriai m~ker <br />co create beiow-mre units. When the <br />cesidendai m~ket ieveis off or ,,rePons, ie <br />=~zfi,/eness of the .)r~in~ca is Mndered. <br />The siruauon is exacerbamd when a <br />communi~/has [imked deveiopable !and. <br />Santa Fe iniriaced ~eir ordinance :~er ~he <br />city was :ilmosr compiere!y bulk our. <br /> <br />Consequently, the tit-/may nave difficult7 3enJrating a signilica_nr <br />,~nounr o£ zi:r%rdabie housing. During irs ~ve-vear existence, the <br />ordinance has produced only a dozen owner-occupied units. Fill,/ <br />additional units are currently pledged ?bt deveiopmen~. <br /> <br />:Lo/r) H :'ing/es~hmi? borne m a ;mall-,'cale :..~"ora}~bie housia.g ,~vet'opmenr t'n Santa .%, zVew Mexico. ,' R4ghr) H /arge-,cai~ :onabminium <br />2to?ct in 3'anra ?e, ~\£ew :k£exwo, c,2~[ea' .~o£al'O, const¢rin:ff of 3 lO ;mits. o,/ whtc/5 31 are :5'ousin.~ ;3??orruntO, ?;'og?am /HO/v) :mits. <br /> <br />140 <br /> <br /> <br />