Developer offers 20% workforce deed restriction but no AMI cap; covenant work to continue
The applicant voluntarily offered a 20% deed restriction for workforce housing and a priority leasing approach for local employers but told the commission there is no AMI limit proposed; staff said a draft workforce covenant is under negotiation and will be part of the development agreement considered by Town Council.
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The development team said it will deliver a 20% workforce housing component through a deed restriction and a priority-leasing preference for Dillon employees, and that the project is being privately funded without public subsidy. Commissioners pressed whether the deed-restricted units will include an AMI (Area Median Income) cap; staff and the applicant said no AMI restriction has been proposed and the workforce covenant remains in draft form.
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