Bill > AB2480

This bill modifies California's Density Bonus Law to provide additional incentives for developing student housing that includes a higher percentage of affordable units for lower-income students. Specifically, it requires cities and counties to grant an extra density bonus if a student housing development meets existing requirements, dedicates 24% of its units to lower-income students, and includes additional affordable units for either lower-income or moderate-income students, as long as no more than 50% of the total units are restricted to moderate or lower-income students. The bill also defines "moderate-income student" and clarifies that these changes are a matter of statewide concern, applying to all cities, including charter cities.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2480