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P24-0334, Pleasanton Municipal Code Amendments Planning Commission, September 11, 2024 Exhibit A, PMC Amendments, Page 13 "Target unit" means a dwelling unit within a housing development which will be reserved for sale or rental, and is made available at an affordable rent or affordable ownership cost to very low, low or moderate income households, or is a unit in a senior citizen housing development. "Very low-income household" means households whose income does not exceed the very low-income limits applicable to Alameda County, as published and periodically updated by the State Department of Housing and Community Development pursuant to California Health and Safety Code Section 50105. (Ord. 2082 § 2, 2013) § 17.38.030. Eligibility. An applicant proposing a housing development of five or more dwelling units may request and be eligible for one density bonus and one or more incentives or concessions provided the applicant agrees to construct one of the following: A. At least 10 percent of the total units of a housing development for low-income households; or B. At least five percent of the total units of a housing development for very low-income households; or C. A senior citizen housing development; or D. At least 10 percent of the total dwelling units in a newly constructed common interest development for sale to moderate income households. (Ord. 2082 § 2, 2013) § 17.38.040. Calculation of density bonus. A. Each housing development is entitled to one density bonus, which may be selected from one of the four eligibility criteria established in Section 17.38.030. Density bonuses from more than one of these categories may not be combined. B. The amount of density bonus to be granted for a housing development which meets the eligibility criteria in Section 17.38.030 shall be calculated as follows, and as summarized in Table 17.38.040: 1. 10 Percent Low Income Units. Housing developments providing at least 10 percent of the dwelling units for low-income households pursuant to Section 17.38.030(A) shall be entitled to a bonus equal to 20 percent of the maximum allowable density of the site. For each one percent increase above 10 percent of low-income units, the density bonus shall be increased by one and one-half percent up to a maximum of 35 percent. 2. Five Percent Very Low-Income Units. Housing developments providing at least five percent of the dwelling units for very low-income households pursuant to Section 17.38.030(B) shall be