About the Author
Elizabeth Pagano is the editor of the Austin Monitor.
-
Newsletter Signup
Most Popular Stories
-
Discover News By District
The Austin Monitor thanks our sponsors. Become one today! Popular Whispers
Density bonus fees get denser
Tuesday, October 16, 2018 by Elizabeth Pagano
It’s official, and it’s already in effect. The city has recalibrated a handful of density bonus affordable housing fee-in-lieu rates and, according to an Oct. 10 memo from Neighborhood Housing and Community Development Director Rosie Truelove, the new rates took effect on Oct. 1. So, as of now, rates in the Justin Lane/North Lamar, Martin Luther King Jr. and Plaza Saltillo transit-oriented development districts have risen from $11 per bonus square foot to $12. Planned unit development rates have also risen a dollar, from $6 to $7.
Join Your Friends and Neighbors
We're a nonprofit news organization, and we put our service to you above all else. That will never change. But public-service journalism requires community support from readers like you. Will you join your friends and neighbors to support our work and mission?