Select Board backs sending inclusionary-housing amendment to Planning Board
Town planners proposed a tiered inclusionary housing bylaw that would set rental affordability tiers at 60% and 50% AMI for different project sizes and clarify pricing windows for ownership units; the board voted to refer the amendments to the Planning Board and will complete an economic feasibility study.
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Danny Ruiz (town planner) and Katie Nabal (community development program manager) presented proposed zoning amendments to the town's inclusionary housing bylaw that would set deeper affordability tiers for rental units and clarify pricing for ownership units. For developments creating five or more units, the amendment would require 10% affordable units (rounded up) but sets the first two required units at 60% AMI and requires developments that trigger three or more affordable units to price additional units at 50% AMI.
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