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Committee member questions how many units are truly affordable at Princeton Properties development
Summary
A committee member raised affordability concerns about a Princeton Properties development listed as 200 units with 25% (50 units) marked affordable, asking how many units are genuinely affordable given income and asset rules for eligibility.
During the same meeting, a committee member raised questions about a housing entry listed under Princeton Properties, saying the development’s listing shows 200 units with 25% (50 units) designated affordable but asked how many are actually affordable in practice.
The committee member said it is difficult to assign a precise number because eligibility rules (for example limits on debt and assets) affect whether households qualify. The member highlighted that the high SHI (state housing inventory) number may not reflect how many units are truly affordable to qualifying households.
The transcript records the concern and the question but does not include a staff response, numeric clarifications, or any motion to seek further documentation. The issue was presented as a point for clarification rather than a formal agenda item.
