Density Bonus
Density Bonus
There is a height/story bonus that allows additional height in some district in exchange for a lower level of affordability (the number of affordable units is the same, but the AMI get lowered).
There is a bonus in the residential districts that is prescriptive based on unit count that requires affordability, and must provide 100% of all bonus units to households having a gross annual income at or below 80% AMI. These bonus affordable dwelling units are income-restricted for 30 years and deed restrictions for these units must be recorded in the Charlottesville Land Records.
Under the new zoning code there is an inclusionary requirement for affordable housing – see Affordable Dwelling Units under Zoning strategies
See 4.2.2.C.3. Unit Bonus in Residential Districts Standards and 4.2.2.C.4. Height Bonus in All Other Districts Standards for specific ordinances.
- Policy Brief: