Item #9 Draft Downtown Density Bonus Recommendation — original pdf

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DOWNTOWN COMMISSION RECOMMENDATION YYYYMMDD-XXX [XXX is the agenda item number] Date: 10/15/2025 Subject: Density Bonus recommendation Motioned By: Recommendation Seconded By: The Downtown Commission recommends that the City of Austin adopt the Downtown Austin Neighborhood Association proposal for replacing the current density bonus program (which is necessitated by SB840). Description of Recommendation to Council The DTC believes that removing height and FAR restrictions downtown, and directing a dedicated share of the resulting revenue permanently into the Affordable Housing Trust Fund or a similar entity will provide a much more stable and permanent stream of funding for Permanent Supportive Housing and other affordable housing, as well as other community benefits, because it will not be dependent on constant new development. It will remain in place as long as the building exists. We therefore request that the City Council not adopt further restrictions on downtown development, which will only complicate an already complex building code, and instead simplify the code by removing restrictions and designating the increased revenue to housing our neighbors and fellow citizens. Vote For: Against: Abstain: Absent: Attest: [Staff or board member can sign] 1 of 1