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Centennial staff seeks authority to use economic-development incentives for housing; council agrees to fast-track a resolution
Summary
At the March 4 Centennial City Council meeting, staff proposed adding housing—affordable and other types—to the city’s Economic Development Incentives Policy and council gave consensus to return a draft resolution for formal consideration.
City staff on March 4 proposed adding housing projects to Centennial’s Economic Development Incentives Policy so council has a formal framework to consider incentives for housing that meet city goals.
Melanie Ward, manager of development foresight and infrastructure readiness, and Mr. King, senior planner, told council the proposed additions would treat housing—both affordable and other housing types—as eligible project categories under the city’s existing incentives policy. The additions would not bind the city to a single tool; rather staff said the language is intended to preserve flexibility so City Council can consider requests case by case.
What the policy additions would make…
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