June 21, 2023
Judy Egüez
Associate Planner
City of Riverside Planning Division
3900 Main Street
Riverside, CA 9522
RE: Madison Flats
Case PR2021-001197
Density Bonus Request Letter
Dear Judy:
Gilbane Development Company is proposing an 100% affordable housing development consisting of 121 residential units, 76 of which will be dedicated for seniors and 45 of which will be dedicated for families. Gilbane will be utilizing an income averaging to achieve the target income which will average to 60% AMI with the exception of one (1) manager’s unit.
Based on 100% of the units being set-aside as affordable for Low Income households, Gilbane is entitled to four (4) incentives and/or Waivers. Pursuant to Density Bonus Regulations Chapter
19.545.050, Gilbane is requesting four (4) Waivers of Development Standards as follows:
- Permit 80 of the residential units located on the floors above grade to utilize Common Open Space in lieu of providing Private Open Space for these units. Additional Common Open Space on the overall project to be provided in lieu of Private Open Space for these 80 residential units.
- P
ermit the front yard setback to be reduced from 15’-0” to 12’-0”. There will also be a 3’-0” dedications provided along the front yard.
- P ermit the landscape setback to be reduced to 12-ft where the Zoning Code requires a 15- foot landscape setback to screen parking lots per section 19.580.090.D.2 - Permit a reduction in parking to 0.5 space per unit where the Zoning Code Section
19.545.060.D.4 establishes parking ratios for affordable housing at the rate of 1 space for 0 to 1 bedroom units, 1.5 space for 2 to 3 bedroom units, and 2.5 spaces for 4 or more bedroom units.
PR-2022-001434 (GP, RZ, DR, VC-S) Exhibit 9 - Applicant prepared Concession Request