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Commission recommends council approve fee‑in‑lieu payment for 1295 Red Butte

City of Aspen Planning and Zoning Commission · August 6, 2024
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Summary

Staff recommended, and the Planning & Zoning Commission recommended to City Council, approval of a fee‑in‑lieu payment for a single‑family project at 1295 Red Butte that could not obtain housing credits; the applicant said he tried to acquire credits and offered the city discretion in spending funds.

The commission considered a separate growth‑management item on Aug. 6 concerning a single‑family project at 1295 Red Butte that requests to pay a fee in lieu for more than the 0.1 FTE threshold (staff reported 1.2 C2 FTE). Staff said the request meets the four criteria in the GMQS chapter and recommended approval; funds will go into the affordable housing fund.

Ryan Walterscheid of 4 and 5 Architects, representing the applicant, said the project team attempted to acquire housing credits but found the market lacking and asked the commission to recommend the fee payment. Commissioners moved and, by roll call, recommended council approve the fee‑in‑lieu payment; staff will forward the recommendation and the council will take the final decision in the coming weeks.