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Staff briefs Planning Commission on new housing tax-exemption ordinance and Chena Riverfront Plan update
Summary
Community planning staff told the Planning Commission the Assembly passed a tax-exemption ordinance to encourage multifamily housing built through 2028 (property-tax exemptions of three to 10 years depending on size) and that the Chena Riverfront Commission formed a subcommittee to update the Comprehensive Plan riverfront element.
Community planning staff briefed the Fairbanks North Star Borough Planning Commission on Feb. 10 about recent Assembly action and planning work intended to address housing shortages and a forthcoming Chena Riverfront Plan update.
Kellen Skillman, the borough’s Community Planning Director, said the Assembly on Jan. 29 passed a tax‑exemption ordinance intended to spur multifamily construction: new multifamily housing built between now and 2028 could receive property‑tax exemptions ranging…
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