The Planning Board has drafted a proposal that would amend the Gloucester Inclusionary Housing Ordinance in an effort to increase the supply of housing available to low-income and very-low income households.
The current Inclusionary Housing Ordinance requires that 15% of units in developments of 8 or more units are deeded affordable at 80% Area Median Income.
The proposed amendment would require that developments of 6 to 9 units provide one affordable unit or pay a fee in lieu to the Affordable Housing Trust. For developments of 10 or more units then 15% of units must be affordable for low-income households or at least 8% of units affordable for very low-income households.
These units are required to be dispersed throughout the development and must be indistinguishable on the exterior and the interior from the market-rate units.
The Planning Board met again yesterday to continue discussion on the proposed change.
