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Study session: consultant recommends $10/sq ft fee‑in‑lieu, council weighs infrastructure, AMI targets
Summary
A consultant told the Woodinville council a $10 per square‑foot fee on new homes larger than 1,500 sq ft could generate funds to subsidize rental units at 60% AMI; council members debated AMI targets, parking and feasibility of mandatory affordable commercial space and asked staff to return a final report early next year.
Woodinville received an extended study‑session presentation and discussion on Dec. 9 about inclusionary zoning, fee‑in‑lieu options and mixed‑use zoning changes for parts of the city including the Eastrail Mixed‑Use (EMU) zone.
Consultant Brian (presenting the analysis to council) walked through methodologies for calculating an appropriate fee‑in‑lieu, noting one approach is to estimate the subsidy needed to make a 60% AMI apartment unit feasible. He cited example numbers: a typical market apartment unit cost of about $500,000 with a 60% AMI tenant…
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