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Committee recommends $30,000 to reactivate affordable‑housing impact‑fee subsidy; sends proposal to full council
Summary
The Natural Resources Committee voted to send a $30,000 budget-amendment request to full council to reestablish an Affordable Housing special-revenue fund that would let the county subsidize development impact fees for qualifying affordable housing projects.
The Beaufort County Natural Resources Committee on Feb. 3 voted to send a recommendation to full county council to create a special-revenue fund and amend the current fiscal-year budget by $30,000 to reactivate a program that subsidizes development impact fees for qualifying affordable-housing projects.
Deputy County Attorney Dylan Kidd told the committee that state law allows exemptions or subsidies for impact fees when a development is determined to create affordable housing and the exempt portion’s share of system improvements is funded from a revenue…
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