Maywood Zoning Code § 4025.30 Participation Requirements

Developers of residential housing projects may receive a density bonus, provided the developer meets all of the following participation requirements:

At least 20 percent of the total housing units in the development shall be provided for lower income households, or ten (10) percent of the total housing units for very low income households, or 50 percent of the total housing units for qualifying senior citizen households.
The units must be made available to qualifying households for a minimum of 30 years, or any longer time period specified in loan agreements or subsidy programs associated with the development project.
To ensure compliance with the provisions of this section, the developer shall execute a deed restriction, or other type of documentation acceptable to the City, that identifies the housing units subject to the affordability restrictions and all other terms and conditions applicable to those units under this program.
Where affordable units are provided in the same development as market rate units, the affordable units shall be dispersed throughout the housing development.
The affordable units shall be constructed to resemble and be compatible with the market rate units built in the same development.