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Council OKs in-lieu payment instead of six on-site inclusionary units for Newport 13 subdivision
Summary
The council approved a developer agreement allowing an in-lieu payment of $458,666 in place of constructing six onsite inclusionary affordable units for the Newport 13 single-family subdivision, citing feasibility and ability to leverage the fee in larger affordable projects.
The council on June 4 approved an affordable-housing agreement for the Newport 13 subdivision allowing the developer to pay an in-lieu fee instead of building six on-site inclusionary units.
City staff said the project would otherwise be required to provide six inclusionary units. Staff recommended acceptance of the in-lieu payment…
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