. After researching, drafting, gathering feedback and tweaking a policy over the course of more than two years, Denver was the first community to walk through that door.is now law after the Denver City Council voted to adopt a trio of bills codifying the new requirements on Monday. All three measures passed on votes of 10-1.
“Until today, 90% of by-right development in this city did not build any affordable homes on-site,” said Councilwoman Robin Kniech, who served alongside Sandoval on the policy’s advisory committee. Meanwhile, linkage fees that are already charged on most kinds of commercial and residential development in the city will rise much more rapidly over the next four years under the policy. The fees on some types of development will more than quadruple. Those fees feed the city’s affordable housing fund that can be used for a variety of affordable housing projects.
“We are expected to be OK with this, that maybe, just maybe, someday funding will trickle down for poor and houseless people,” said Terese Howard, of Denver Homeless Out Loud and the Housekeys Action Network Denver. “No thank you. We do not accept this.”
Income restricted is such BS.
There goes your Denver dictatorship again! I can't see this be upheld in court (at least I hope not)!.
They should use income-restricted units as bonus incentives for increased by-rights density ratios.
Let’s instead restrict purchasing of new homes in Denver to only residents who have lived in the state prior to 2015
Recession