Tempe considers citywide development-bonus program to create long-term affordable units
Tempe staff presented a voluntary citywide development-bonus program that would let developers trade added height, density and parking relief for long-term affordable housing units, aligning bonuses with General Plan 2050 objectives.
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Tempe staff presented a framework for a citywide development-bonus program that would let developers receive additional residential density, building height and parking relief in exchange for dedicating affordable housing units, staff said. The presentation was made to a joint meeting of the Tempe City Council and the Tempe Development Review Commission.
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