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Council approves altered affordability mix at 1000 Drakes Landing, adding deed‑restricted moderate‑income ownership units
Summary
The council voted to approve an alternative‑equivalent action for a 19‑unit project at 1000 Drakes Landing, allowing four deed‑restricted ownership units at the moderate‑income level rather than the prior rental mix; staff said the city has not previously entitled moderate‑income ownership in the current cycle.
Planning staff presented an 'alternative equivalent action' for a previously entitled 19‑unit townhouse project at 1000 Drakes Landing Road. The entitlement, processed under state density bonus law, originally allowed four affordable units as rental housing (three low‑income and one moderate). Because the applicant proposed to convert the development from rental to for‑sale ownership, the inclusionary categories that apply to ownership projects differ under…
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