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New, Large Developments in Watertown Will Now Chip in to Fund Affordable Housing
WATERTOWN – The Watertown City Council voted unanimously this week to adopt a zoning ordinance creating a linkage fee. Certain new developments over 30,000 square feet will pay a fee that will be used to create and sustain affordable housing in the city.
The council approved the Planning Board’s recommendation of a linkage fee of $11.12 per square foot. The ordinance does include an option for developers to offer affordable housing units or land in place of paying the fee.
Read the zoning amendment here.
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