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A. Affordable Rent means the rent levels specified in California Health and Safety Code Section 50053 for rental Target Units reserved for Very Low or Lower Income Households adjusted for household size as set forth in Section 6-3106. B. Affordable Sales Price means a sales price resulting in a Housing Cost at which Lower, Very Low, and Moderate Income Households can qualify for the purchase of a Target Unit, calculated on the basis of underwriting standards of mortgage financing available for the development as adjusted for household size under Section 6-3106, and not to exceed the parameters set forth in California Health and Safety Code Section 50052.5. C. Approval Authority means a person or body that is authorized to approve the Housing Development as specified in the San Leandro Zoning Code. D. Concession or Incentive means such regulatory concessions as specified in California Government Code Subsections 65915 (d) and (1) to include, but not be limited to, a reduction of site development standards or modification of zoning code requirements, direct financial incentives, approval of mixed-use zoning in conjunction with the housing development, or any other regulatory incentive which would result in identifiable cost avoidance or reductions. (See 6-3108 of this Article.) E. Density Bonus means: 1. A minimum density increase of at least 20 percent over the otherwise Maximum Residential Density for development projects meeting the criteria of Section 6-3104(A),(B), and (C), up to a maximum of35 percent as set forth in Section 6-3104; 2. A minimum density increase of at least 5 percent over the otherwise Maximum Residential Density for development projects meeting the criteria of Section 6-31 04(D); and 3. The specific minimum density increase set forth in Section 6-3114 for a project that qualifies for a Density Bonus due to establishment of a qualifying child care facility, and the specific minimum density increase set forth in Section 6-3116 for a project that qualifies for a Density Bonus due to a qualifying land donation. F. Density Bonus Condo Conversion means a density bonus provision under Section 65915.5 of the California Government Code. (See Article 24, Section 5-2418 of the San Leandro Zoning Code.) G. Density Bonus Housing Agreement means a legally binding agreement between a developer and the City to ensure that the requirements of this Article are satisfied. The agreement shall establish at least the following: the number of Target Units; ORDINANCE NO. 2006-010 2