Land Use & Zoning
In Colorado, 'density bonuses' are typically offered to developers who:
AA. Build only luxury housing
BB. Include affordable housing units in their development, allowing them to build more total units than the base zoning allows✓ Correct
CC. Pay higher impact fees
DD. Build faster than the required timeline
Explanation
Density bonuses are a tool used by Colorado municipalities to incentivize affordable housing. A developer who includes a specified percentage of affordable or workforce housing units in a project is allowed to build a greater total number of units (density bonus) than the base zoning would otherwise permit.
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