Last week the City Council approved a resolution allocating 1.25 percent of the previous year’s sales tax – or about $500,000 — to the affordable housing fund. The resolution includes a funding cap of $2 million to allow the accumulation of funds over time for matching or back -up grant funding for affordable housing projectsContinue reading “Loveland: Council Allocates Sales Tax to Affordable Housing”
Tag Archives: development fees
Boulder: The Price of Development
On June 14 the City Council held another study session on development-related impact fees and excise taxes. Based on staff and consultant memos and feedback from Council, one can comfortably predict that the fees will rise, especially those related to affordable housing. For example, the current affordable housing linkage fee charged for non-residential office developmentContinue reading “Boulder: The Price of Development”
Loveland: Council Wants to Revise Affordable Housing Policy
The City Council has waived over a half a million dollars in development fees in the last year and apparently some Councilors aren’t feeling that the City is getting a return on its investment. John Fogle, in particular, made pointed comments about the Giuliano project, which has received over $2 million worth of waivers andContinue reading “Loveland: Council Wants to Revise Affordable Housing Policy”
Boulder: Linkage Fee Phasing Source of Debate
The City Council recently discussed the timeline for adding linkage fees to new commercial projects to help fund affordable housing. Fees are typically applied when a developer applies for building permits, but what about projects that have already been through the site review process? Should they be charged the linkage fees – which could amountContinue reading “Boulder: Linkage Fee Phasing Source of Debate”
IRES MLS: Come Home to Colorado 