The HCA’s goal is to add inventory that is attractive to developers. It actually doesn’t require ANY affordable housing.
It allows the town to require up to 10% unless there is a feasibility study that has been done that shows up to 20% is more appropriate, and then they have to review and approve the addition of affordable housing requirements. Margaret Olson has stated that we did the feasibility study and it only allows 10%. The HCA committee will flat out turn down any proposal that has higher than 10% without the feasibility study. This isn’t a law to create much needed affordable units, which is why many of us are opposed to complying at all- and if we do comply we feel it should be done in the most minimal way, and then we should handle rezoning on our terms at a higher mandatory affordability rate. Sarah Postlethwait On Wed, Oct 11, 2023 at 10:40 AM Colleen Katsuki <coll...@shadowtracks.org> wrote: > > Do I understand correctly that the new sate law requires new buildings > under this new law to have only 10% or less affordable housing? Why is > that? Why can we not have 25% as in Oriole landing? The cynic in me > suggests that this is a sop to the developers, not any real intent to > have more affordable housing. > > > > Colleen Katsuki > > Concord Road > > -- > 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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