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Lawrence AHAB reviews proposed Affordable Housing Incentive Policy, debates 50- and 99-year affordability requirements
Summary
City staff presented a draft Affordable Housing Incentive Policy and asked the Affordable Housing Advisory Board (AHAB) for feedback before a Nov. 11 city commission work session; board members split between stronger long-term affordability and concern that stricter requirements could deter private development.
City staff presented a draft Affordable Housing Incentive Policy to the Affordable Housing Advisory Board on Sept. 11 and asked members to provide feedback ahead of a Nov. 11 commission work session.
The draft, traced to policy recommendations presented to the commission in June 2022 and incorporated into the 2024 A Place for Everyone plan, would formalize a toolkit of incentives — including tax instruments (IRBs and NRAs), fee waivers, public land donations and an expanded trust-fund loan program — with eligibility tied to specific affordability commitments. "The policy is designed with the overarching goal of ensuring that public investments have the greatest possible…
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