Brighton grants roughly $870,000 in fee reductions to Brighton Housing Authority for 46‑unit senior affordable project
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Summary
Council approved impact‑fee reductions for the Ravenfield Senior Affordable Apartments, a proposed 46‑unit building with income restrictions (26 units at 60% AMI; 20 at 50% AMI) and age 62+ occupancy. Staff estimated the reductions at just over $870,000, with about $200,000 charged to the general fund per state law.
Brighton City Council voted to grant impact‑fee reductions to the Brighton Housing Authority for the Ravenfield Senior Affordable Apartments, a proposed three‑story, 46‑unit building on Lot 2 east of South 27th Avenue.
Housing Coordinator Sean Wyman told the council the applicant will hold 26 of the 46 units to a maximum of 60% area median income and 20 units to a maximum of 50% AMI; residents will be age‑restricted to 62 and older. Staff said the requested reductions follow the city's affordable housing fee and dedication reduction table and that the reductions help close the financing gap for affordable units.
Based on the valuation provided by the housing authority and 2026 fee schedules, staff estimated the total fee reduction at just over $870,000; just over $200,000 of that total would be paid from the general fund to the enterprise fund per state law. Staff recommended approving reductions while charging fees that are not eligible for reduction at standard rates.
Council approved the resolution by roll call vote 7–0 with one absence.
