The Denver Planning Board voted 8-0 on Wednesday to forward the “Expanding Housing Affordability” policy to the City Council and recommend that the council adopt it.
and condos built in the city cleared a hurdle this week, but also faced scrutiny over its mechanism for rewarding developers with decreased parking requirements and whether the policy is equitable.” policy to the City Council and recommend that the council adopt it., would require developers of most new condo or apartment projects of at least 10 units to set aside 8% to 15% of that housing for people making less than the area median income or face steep fees.
Parking exemptions in “transit-rich areas” across the city were part of the policy’s incentive option when it was first put out for public comment in February. Before appearing on the Planning Board agenda this week, the policy was amended to make that an option only if a project was within a quarter of a mile of a rail stop.
“I don’t understand what the harm is in leaving the reduced parking requirement in the greater area,” Planning Board member and former councilwoman Mary Beth Susman said during Wednesday’s debate. Glick advocated for making the expansion of the parking exemption a condition of the board approval, but that amendment failed.
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