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Council asks planning commission to rework affordability tiers to reach lower AMI households
Summary
By resolution the council directed planning staff to draft UDO text amendments so workforce-housing incentives require some units at lower AMI thresholds (e.g., Tier 1 to include units at ≤90% AMI and Tier 2 to include units at ≤70% AMI). Staff and HAND will calibrate percentages and payment-in-lieu rates during the planning process.
The Common Council voted 9–0 to send a directive to the planning commission to prepare a UDO text amendment that modifies affordable-housing incentive eligibility so that incentives better target workforce households and lower AMI tiers.
Sponsor Council Member Stosberg said current incentive language allows developers to price the affordable set-aside at or near the top of the allowable AMI…
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