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Staff recommend staying course on Largo’s affordable‑housing parkland fee waiver; program has waived roughly $1.1M so far
Summary
Housing staff told the commission the city’s parkland impact‑fee waiver for affordable housing (instituted 2023) has approved four applications totaling about $1.1 million in waived fees, has leveraged large outside investment, and staff recommended reevaluating the program in 2027 before its 2028 sunset.
Housing staff presented an update on Largo’s affordable‑housing parkland impact‑fee waiver program during the Jan. 13, 2026 work session and recommended the city remain on course with the program while formally re‑evaluating it in 2027 ahead of its 2028 decision point.
Housing Manager Erol Woodard summarized how the parkland and recreation impact fee is charged once per new residential unit and gave unit charges used in staff analysis: $2,726 per multifamily unit and $4,089 per single‑family unit. Woodard said the waiver program (initiated in 2023 for units reserved at 80% of area median income or below) has had four approved applications so far, totaling about $1.1 million in waived parkland fees. The…
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