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Developer seeks annexation of North UGA for 150-home project, promises 20% affordable units via land trust
Summary
Black and White Development asked the city to annex roughly 80 acres in the North Urban Growth Area to enable a 150-home project, saying it will commit about 20% of units as affordable through a community land trust and pursue the formal annexation petitions with city and county coordination.
A developer told the Duvall council on Feb. 17 that it wants the city to annex roughly 80 acres in the North Urban Growth Area and approve a subsequent housing project of about 150 homes, with at least 20% of the units designated as affordable.
Jeremy Barnett, a principal with Black and White Development, said his team has contracts on about 35 acres across five parcels and expects about 150 homes in total. "We would be committed to at least 20% of those homes being affordable, meaning they would be targeted at folks that are less than 80% of the area median income," Barnett said, and described a model that pairs development with a community land trust to hold the land in perpetuity.
Barnett said the company is working with Homestead Community Land…
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