The town has an Affordable Housing Trust and yes increasing the % of affordable units at Oriole Landing was one of the recent uses of those funds. More information on the Affordable Housing Trust is available here: https://www.lincolntown.org/DocumentCenter/View/35223/Affordable-Housing-Trust?bidId=
On Mon, Oct 30, 2023 at 7:48 AM Susanna Szeto <szeto...@gmail.com> wrote: > Hi Margaret, > On % of affordability, is this the reason why the town paid the developer > Civico $1 million dollars? Or is this the reason at one of the recent > board meeting that someone said there should be 2 million dollars in > reserve (for what)? > Hope you can shed some light on this! Thank you! > Susanna Szeto > > On Oct 30, 2023, at 7:39 AM, Margaret Olson <s...@margaretolson.com> wrote: > > > All of the town presentations are available on the town HCA website: > http://www.lincolntown.org/1327/Housing-Choice-Act-Working-Group > > The recording of the October 24th Planning Board meeting (presentation of > new D options) is available here: > https://cloud.castus.tv/vod/lincoln/video/653aaa9262e4d80008b6ad96?page=RECENT > > On 10% affordability: While the 10% is the maximum affordability we can > mandate in an HCA zone, the town has a number of tools to increase the > number of affordable units when we have an actual proposal from a > developer. Our current zoning requires 15%; Oriole Landing is at 25%. Our > tools include assistance in getting state grants (no town money) and the > town's Affordable Housing fund. > > Margaret > > On Sun, Oct 29, 2023 at 10:40 PM Barbara Peskin <bpeski...@gmail.com> > wrote: > >> Dear Lincoln, >> >> I have lived in Lincoln since 1995. I cherish it. It is unique and >> special. It takes care of people and wildlife. >> >> I have had the privilege of working with some very smart people in >> trying to understand HCA. I hope this video helps us all approach the HCA >> Mandate thoughtfully. >> >> In the end, I hope we continue our commitment to the land and wildlife, >> the people who live here now, and that new residents have affordable and >> diverse living options, and can live in nature as is our legacy. >> >> Thank you for watching the 15 minute video. >> >> >> https://drive.google.com/file/d/1L2rRPHPBlelQBx9Jkjco_j95P6kRAzX6/view?usp=drive_link >> >> >> >> >> ~~~~~~~~~~~~~ >> Barbara Peskin >> >> *My Moments in Nature Photo Gallery: barbarapeskin.com >> <http://barbarapeskin.com>* >> -- >> The LincolnTalk mailing list. >> To post, send mail to Lincoln@lincolntalk.org. >> Browse the archives at >> https://pairlist9.pair.net/mailman/private/lincoln/. >> Change your subscription settings at >> https://pairlist9.pair.net/mailman/listinfo/lincoln. >> >> -- > The LincolnTalk mailing list. > To post, send mail to Lincoln@lincolntalk.org. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/ > . > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln. > >
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