Miscellaneous Provisions
Any proposed development containing residential units that would create three or more attached or detached new housing units shall provide affordable housing units or housing contribution payments in accordance with this § 165-71. These requirements for such affordable housing units or housing contribution payments shall be made a condition of any special permit, variance, finding pursuant to MGL c. 40A, § 6, Open Space Residential Development (Article VII), Independent Senior Housing (Article XVII), or subdivision approval granted for any project creating three or more housing units. | |
Willful evasion of this section of the Georgetown Zoning Bylaw is prohibited. Willful evasion is defined as follows: segmenting land or properties with the intention of avoiding inclusionary housing requirements by either subdividing one parcel of land into two parcels of land in such a manner that each parcel will have less than three units of housing or purposefully dividing a large development into phases that would develop less than three units of housing during each phase. Residential developments subject to this section shall include new housing units created by new construction or new housing units created by remodeling or conversion of an obsolete or unused building or other structure from its original use to an alternate use. | |
Where a permitting board approves a project under this bylaw "with conditions," and said approved project accompanies a special permit or variance application to a different permitting board, the conditions imposed by the first permitting board shall be incorporated into the issuance, if any, of a special permit or variance by the second permitting board. |
For ownership developments of three to seven units, the amount of the Housing Contribution Payment (HCP) shall be equal to: | |
|---|---|
HCP = AMSP x (# of new units) x 4% | |
For ownership developments of 11 units or more, the housing contribution shall be equal to: |
HCP = AMSP (FAHU x 10) x 4% | ||||
|---|---|---|---|---|
where: | ||||
AMSP | = | The average market sales price for the market-rate units in the subject development. | ||
For rental units, the per-unit contribution payment shall be equal to the difference between the average market rental price for the market-rate units in the subject development and the rent affordable to a family of four at or below 80% of the median income, calculated for a term of 10 years without adjustments for interest or inflation. |
I/OHCP = AMSP x (# of affordable units) x .6 |
Miscellaneous Provisions
Any proposed development containing residential units that would create three or more attached or detached new housing units shall provide affordable housing units or housing contribution payments in accordance with this § 165-71. These requirements for such affordable housing units or housing contribution payments shall be made a condition of any special permit, variance, finding pursuant to MGL c. 40A, § 6, Open Space Residential Development (Article VII), Independent Senior Housing (Article XVII), or subdivision approval granted for any project creating three or more housing units. | |
Willful evasion of this section of the Georgetown Zoning Bylaw is prohibited. Willful evasion is defined as follows: segmenting land or properties with the intention of avoiding inclusionary housing requirements by either subdividing one parcel of land into two parcels of land in such a manner that each parcel will have less than three units of housing or purposefully dividing a large development into phases that would develop less than three units of housing during each phase. Residential developments subject to this section shall include new housing units created by new construction or new housing units created by remodeling or conversion of an obsolete or unused building or other structure from its original use to an alternate use. | |
Where a permitting board approves a project under this bylaw "with conditions," and said approved project accompanies a special permit or variance application to a different permitting board, the conditions imposed by the first permitting board shall be incorporated into the issuance, if any, of a special permit or variance by the second permitting board. |
For ownership developments of three to seven units, the amount of the Housing Contribution Payment (HCP) shall be equal to: | |
|---|---|
HCP = AMSP x (# of new units) x 4% | |
For ownership developments of 11 units or more, the housing contribution shall be equal to: |
HCP = AMSP (FAHU x 10) x 4% | ||||
|---|---|---|---|---|
where: | ||||
AMSP | = | The average market sales price for the market-rate units in the subject development. | ||
For rental units, the per-unit contribution payment shall be equal to the difference between the average market rental price for the market-rate units in the subject development and the rent affordable to a family of four at or below 80% of the median income, calculated for a term of 10 years without adjustments for interest or inflation. |
I/OHCP = AMSP x (# of affordable units) x .6 |