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Planning staff outlines annual moderate‑income housing report, new state "super strategies" including deed‑restricted First Home tool
Summary
Planning staff reviewed the annual moderate‑income housing reporting requirement and recent state changes during the Orem City Planning Commission work session on July 16.
Planning staff reviewed the annual moderate‑income housing reporting requirement and recent state changes during the Orem City Planning Commission work session on July 16.
Staff said the city must file its annual report by Aug. 1 and that the state has added new options — described at the meeting as “super strategies” — that may reduce the number of strategies a municipality must adopt if it implements particular tools. Examples discussed at length included Housing Transit Reinvestment Zones (HTRZ) around FrontRunner stations, a Homeownership Promotion Zone and a First Home Investment Zone. The First Home Investment Zone,…
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