Demise of bill keeps housing options alive

Teton County affordable housing dodged a bullet Tuesday when a bill that would have prohibited municipalities from setting housing mitigation rates died in the Joint Corporations Committee by a 2-3 vote.

Currently municipalities are authorized to enact such measures, requiring developers to provide a certain amount of deed-restricted housing depending on the size and impact of their development, as well as exaction fees, which give developers the option to pay a fee in lieu of building required housing.

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http://www.jhnewsandguide.com/news/legislature/demise-of-bill-keeps-housing-options-alive/article_b62dd4cc-f7fd-5d68-a75a-7dc0958f0c20.html

Posted by Stefani
Feb 21, 2018