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Council hears staffs multi-option housing-incentives package and asks for follow-up before decision
Summary
Staff presented three funding options to respond to developers $10 million request for five housing projects, emphasizing ARPA funds, limited use of TIF and staged infrastructure spending; council asked for more public and developer review and scheduled further discussion for next Tuesday.
City staff presented a detailed report Dec. 9 laying out three options to respond to developer requests across five proposed projects that collectively sought about $10 million in assistance. The staff presentation, focused on a three-year horizon, proposed a mix of direct infrastructure (pioneer and oversizing projects), targeted fee waivers, use of ARPA funds ($2.7 million cited as the immediate funding source), and selective use of TIF (commercial or residential subject to statutory LMI set-aside requirements).
Staff described how the options differ: Option 1 prioritized limited pioneer/oversizing…
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