Moab tables impact-fee waiver for 144-unit affordable project at 1581; directs staff to create housing‑fund policy

The Moab City Council on Oct. 28 discussed a developer request to waive sewer and stormwater impact fees for a proposed 144‑unit affordable housing development at 1581 Mill Creek Drive and ultimately voted 5–0 to table the request, directing staff to prepare a formal policy that would guide how the city uses its housing funds to support development partnerships.

Project and financing Staff described the proposed development as three buildings totaling 144 units on just under 7 acres; plans identify 72 units that are two‑bedroom or larger and 72 one‑bedroom or smaller. The developer said the project uses Low Income Housing Tax Credit (LIHTC) financing and that land-use restrictions associated with the tax credits are recorded at closing. The developer told council the project’s rents average 60% of area median income (AMI), with units ranging roughly from 40% to 70% AMI. The tax-credit program requires a long-term land-use restriction; staff said the…