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Planning board approves $15 per sq. ft. affordable‑housing impact fee for large single‑home rebuilds and major additions
Summary
The Planning Board voted to recommend that City Council adopt an impact fee of $15 per square foot on replacement single‑family homes and substantial additions, with exemptions for ADUs and smaller homes and a 500‑sq‑ft exemption for additions.
The Boulder Planning Board voted to recommend City Council adopt an affordable‑housing impact fee aimed at restoring contributions from single‑family replacement homes and major additions that are not otherwise covered by the city’s Inclusionary Housing program.
Jay Segnet of Housing and Human Services told the board the ordinance would apply a $15 per square foot impact fee to new above‑grade square footage created by demolitions followed by a new single‑family home and to substantial additions (an addition of 500 square feet or more). Segnet said accessory dwelling units (ADUs) and renovations that do not increase gross floor area would be exempt, and demolished square footage would receive a credit under the proposed approach.
The rationale: staff and a retained consultant (Gruen and Gruen) concluded that…
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