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Boardman staff and developers debate timing of SDCs and use of $1M housing fund
Summary
Presenters told the housing committee that shifting SDC timing and structuring the city’s $1,000,000 housing fund as a revolving short‑term lender could lower developers' upfront costs and be reused for multiple projects.
Discussion turned to the levers the city controls: systems development charges (SDCs), timing of payment, fee schedules tied to unit size, and the city’s housing fund. City planning staff noted SDCs are currently due at building permit; several presenters said moving some payments to later (e.g., occupancy or permanent loan closure) reduces early borrowing costs for developers.
Locke recommended the committee "use this money as catalytic capital" and structure it so the fund is made whole and can revolve into multiple projects over time. Planning staff and committee members said some SDCs (meters, direct installation costs) may reasonably be charged at permit, but the committee should explore policy options to stagger or defer broader SDC charges.
