27.030 Eligibility Criteria.
A. The City shall grant either: a Density Bonus, or a Density Bonus with a Concession or Incentive(s), as set forth in Section 27.070 of this Chapter, to an applicant or developer of a Housing Development, who agrees to provide one of the following:
1. At least ten percent of the total units of the Housing Development as Restricted Affordable Units affordable to Lower Income Households; or
2. At least five percent of the total units of the Housing Development as Restricted Affordable Units affordable to Very Low Income Households; or
3. A Senior Citizen Housing Development, as defined herein; or
4. Ten percent of the total dwelling units in a common interest development as defined in Civil Code section 4100 for persons and families of Moderate Income Households as defined herein, provided that all units in the development are offered to the public for purchase.