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KOSMONT REALTY | 11 <br />DEVELOPER UNDERWRITING – CITY CONTROLLED FACTORS <br />Factors of interest to a developer that a City can influence or control include: <br />Zoning – intensity, upzoning potential, land use flexibility, in-lieu options <br />Environmental review – speed, cost sharing, programmatic CEQA review <br />Plan review – development standards, code simplicity / clarity, speed <br />Impact fees – minimal fees, deferral to project completion, exemptions, <br />improvements in-lieu of fees <br />Affordable housing – density bonus multipliers, financially feasible requirements <br />Political environment – stability, consistency, transparency <br />Built environment – quality, appeal of physical infrastructure and amenities