Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council hears proposal for affordable‑housing fee in lieu; consultants recommend $34.45 per square foot
Summary
City staff and consultants presented a proposed inclusionary housing in‑lieu fee of $34.45 per square foot, based on developer feasibility modeling. Consultants recommended periodic review and council discussed whether Arch or the city should hold revenues and whether funds should be prioritized for projects inside Sammamish.
Sammamish City staff and consultants presented proposed implementation guidance for the city’s new inclusionary housing requirement at the Jan. 14 study session, recommending an in‑lieu fee of $34.45 per square foot calculated from a developer feasibility model.
What was presented: Department of Community Development staff, with consultant support from ARCH and BAE/Kidder Matthews, explained how the in‑lieu fee was developed. The model compares an estimated market sales price for a unit to an affordable price (80% of area median income) and converts the difference into a fee per square foot. The city’s new code (SMC 20.21.10) requires 10% of new units to be affordable at 80% AMI or to pay an in‑lieu fee in certain fractional cases; staff cited the state…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
