City of Somerville, Massachusetts - File #: 22-0173

• File #: 22-0173
• Version: 1
• Type: Order
• Status: Approved
• File created: 8/4/2022
• In control: City Council
• Final action: 3/9/2023
• Enactment date: 1/27/2022
• Enactment #: 212949
• Title: That the Executive Director of the Office of Strategic Planning and Community Development work with the Affordable Housing Trust Fund to consider combining the affordable housing linkage payments for commercial development as a funding source for a development that will result in the creation of affordable units.
• Sponsors: Kristen Strezo

Date	Ver.	Action By	Action	Result
3/9/2023	1	City Council	Work completed	Pass
3/1/2023	1	Housing and Community Development Committee	Recommended to be marked work completed
1/27/2022	1	City Council	Approved and sent for discussion

Agenda Text

title

That the Executive Director of the Office of Strategic Planning and Community Development work with the Affordable Housing Trust Fund to consider combining the affordable housing linkage payments for commercial development as a funding source for a development that will result in the creation of affordable units.

body

Official Text

That the Office of Strategic Planning and Community Development work with the Affordable Housing Trust Fund to consider the advisability of combining the affordable housing linkage payments for commercial development, that are anticipated to be paid to the Fund over the next few years, to be used as a funding source for a development that will result in the creation of a substantial number of affordable units. (reference 211993)