Louisville could boost inclusionary housing requirement to 30% for certain developments

LOUISVILLE — With housing affordability a seemingly intractable issue across the Front Range, municipal leaders in Louisville are considering an aggressive new measure to increase the availability of housing that’s accessible to a wider swath of the income spectrum.
An ordinance was introduced this week that would require at least 30% of units in certain types of developments be made permanently affordable for those who earn less than area median income, or AMI.
Projects that fall under this new inclusionary housing requirement are those that are rezoned from a nonresidential commercial zone district to a residential zone district, approved for
residential uses through…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!