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Staff recommends extending Springfield ffordable-homeownership SDC waiver through 2029
Summary
City staff recommended extending the city evelopment charge (SDC) waiver for affordable homeownership through December 2029, along with administrative guideline changes to reduce land-division barriers and add a penalty for units unsold after one year of certificate of occupancy.
City staff recommended the Springfield City Council extend a temporary waiver of certain city system development charges (SDCs) for affordable homeownership projects through Dec. 31, 2029, and adopt administrative changes intended to make the program easier to use.
Katie Carroll, housing analyst, told the council the waiver currently covers city SDCs for new units sold to households at or below 80% of area median income and is scheduled to expire at the end of 2025 or when $300,000 in city SDCs have been waived. Carroll said the city has waived $62,000 in SDCs to date for nine homes; three of those projects…
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