Land Use & Zoning
In Ohio, a 'density bonus' in zoning is typically offered to developers who:
APay higher property taxes
BProvide affordable housing or public amenities beyond what is otherwise required✓ Correct
CBuild only single-family homes
DDonate land to the city
Explanation
Density bonuses allow developers to build at a higher density than the base zoning would normally allow, in exchange for providing community benefits such as affordable housing units, public open space, or transit improvements.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
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.
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.
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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