Hi Margaret, On % of affordability, is this the reason why the town paid the developer Civico $1 million dollars? Or is this the reason at one of the recent board meeting that someone said there should be 2 million dollars in reserve (for what)? Hope you can shed some light on this! Thank you! Susanna Szeto
On 10% affordability: While the 10% is the maximum affordability we can mandate in an HCA zone, the town has a number of tools to increase the number of affordable units when we have an actual proposal from a developer. Our current zoning requires 15%; Oriole Landing is at 25%. Our tools include assistance in getting state grants (no town money) and the town's Affordable Housing fund.
Margaret
Dear Lincoln,
I have lived in Lincoln since 1995. I cherish it. It is unique and special. It takes care of people and wildlife.
I have had the privilege of working with some very smart people in trying to understand HCA. I hope this video helps us all approach the HCA Mandate thoughtfully.
In the end, I hope we continue our commitment to the land and wildlife, the people who live here now, and that new residents have affordable and diverse living options, and can live in nature as is our legacy.
Thank you for watching the 15 minute video.
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