Making housing affordable | SteamboatToday.com
YOUR AD HERE »

Making housing affordable

County's plan would offer incentives for deed restrictions

What: Review of a resolution providing benefits to those who promote affordable housingWhen: 11 a.m. todayWhere: Commissioners Hearing Room, county courthouse annex, 136 Sixth St.

Routt County officials are trying to create incentives for people who provide affordable housing within the county.

Routt County commissioners today will review a resolution that would establish an affordable housing benefits program.

The program will subsidize affordable housing development projects by providing credits against costs such as building department fees and county sales taxes. The program will apply to new construction only, commissioners said.



There will be two benefit levels based on deed restrictions and other restrictions that developers place on residential units. A deed restriction places a condition or multiple conditions on the cost of a residential unit.

The commissioners also will review a resolution that would add $20,000 to the $60,000 the county gives to the program each year.



The program will help meet commissioners’ goals, and they will be able to adjust it as needed, commissioner Doug Monger said.

“It’s a step in the right direction,” Monger said. “We can tweak it … as we move forward.”

Commissioner Nancy Stahoviak agreed.

“This is a program that will be in progress as we move along,” Stahoviak said.

Stahoviak said the program demonstrates commissioners’ dedication to providing affordable housing in Routt County.

“I think it’s a good move to start,” she said. “Routt County and the county commissioners are serious about trying to (provide incentives for) affordable housing in Routt County.”


Support Local Journalism

Support Local Journalism

Readers around Steamboat and Routt County make the Steamboat Pilot & Today’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User


News


See more