What is 'density bonus' in Delaware housing policy?
Why An incentive allowing developers to build at higher density than normally permitted in exchange for providing affordable housing units or other community benefits Is Correct
Answer B: An incentive allowing developers to build at higher density than normally permitted in exchange for providing affordable housing units or other community benefits
Key Land Use & Zoning Terms in This Question
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Key Terms to Know
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
1031 ExchangeA tax-deferred exchange allowing investors to sell one investment property and reinvest proceeds in a like-kind property while deferring capital gains taxes.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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