Town Meeting Outreach

Town Meeting Topics
Four Topic Focus 

The Budget: Financial Forecast

Capital Project: Police Station

Housing: Inclusionary Zoning

Process: Civic Engagement

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Dec 29

Inclusionary/Zoning

Posted on December 29, 2016 at 3:14 PM by Lynne Martin

Purpose and Intent:
?
  • Encourage the creation of housing for a variety of
  • income levels not being met by the market
  • ?Mitigate the impact of residential development on
  • the availability and cost of housing
  • ?Protect long-term affordability through deed
  • restrictions
  • ?Provide developer incentives for the creation of
  • deed-restricted housing

Key Points
Applies to all new residential development
Except:

?
  • Accessory Dwelling Units
  • Single-family homes that are owner-occupied for at least 5 years

One-sixth (16.67%) affordability requirement

Two tiers of requirements for affordable/community housing contribution

? 1-5 dwelling units developed: 
        • payment-in-lieu of creating a partial unit
? 6 or more dwelling units developed: 
        • encouraged to make one-sixth of the units constructed affordable or community housing 
        • payment-in-lieu is also an option

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