Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Riverwoods adopts affordable-housing rules for multifamily-for-sale projects, adds 5% on-site minimum
Summary
Trustees approved an ordinance (Title 13) requiring 10% affordable units in multifamily for-sale developments, with at least 5% provided on site unless the board approves an alternative; trustees debated a last‑minute amendment and approved it by voice and roll call.
The Village of Riverwoods Board of Trustees approved an ordinance adding an affordable-housing requirement to the village code (Title 13) that requires multifamily for-sale developments to provide 10% of units as affordable, with at least 5% of the total units to be provided on-site unless the village board explicitly authorizes payment in lieu or different relief.
Trustee Clayton proposed and the board accepted a last-minute amendment to require at least 5% of the units to be actual on-site affordable units, with up…
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
