Denton Affordable Housing Incentives Program
Sector: Government • Location: Denton, Texas, USA
Source: Community Impact | News
The Denton Affordable Housing Incentives Program offers nine different incentives to developers to rent or sell units to residents earning under 80% of the area median income. The program aims to encourage more affordable housing construction by lowering costs for developers through various incentives such as reduction in parking requirements, less strict landscaping, building height increase, and
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Participants
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Status
Original status | awarded |
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Contact
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Description
Description | The Denton Affordable Housing Incentives Program offers nine different incentives to developers to rent or sell units to residents earning under 80% of the area median income. The program aims to encourage more affordable housing construction by lowering costs for developers through various incentives such as reduction in parking requirements, less strict landscaping, building height increase, and lot size reductions. Recent changes include lowering the required number of affordable units to qualify for incentives, eliminating the right of first refusal, setting different income rates for rental and home ownership, and allowing smaller developments to qualify. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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