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What is State Density Bonus Law, and how does it work?

Bonus density Law State
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What is State Density Bonus Law, and how does it work?

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State Density Bonus Law is intended to encourage affordable housing and special needs housing, such as senior housing. The program encourages these housing opportunities by providing incentives to qualifying projects. These incentives include extra density (effectively allowing more housing units on a given site), decreased parking requirements, and reduced open space requirements.

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