<div dir="ltr"><div dir="ltr">Hi Kathleen,<div>Beverly calculates our fee with yet another method, you can find more info here: <a href="https://ecode360.com/29286460">https://ecode360.com/29286460</a>. It is complex, to say the least. I agree with the comments regarding understanding your priorities in setting the fee high or low. In Beverly, we don't expect the fee to create, on its own, a replacement affordable unit and we recognize in some cases, paying the fee is reasonable. We appreciate having funds in our AHT and using them to leverage the creation of units in other projects. </div><div><br></div><div>You can find the FY23 costs <a href="https://ecode360.com/BE3208/laws/LF1856295.pdf">here</a> as an example. As I've just discovered the FY24 link is broken. (Both FY23 and FY24 are still in the online waiting room, aka "New Laws" for General Code to update)<br clear="all"><div><div dir="ltr" class="gmail_signature"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:normal;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:13pt;color:rgb(31,78,121)"><br></span></p><p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:normal;background-image:initial;background-position:initial;background-repeat:initial"><font face="times new roman, serif"><span style="color:rgb(31,78,121);font-size:large">Darlene Wynne, AICP</span><br></font></p><p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:normal;background-image:initial;background-position:initial;background-repeat:initial"><i><span style="color:gray"><font face="times new roman, serif">City of Beverly</font></span></i><span style="color:black"><span></span></span></p><p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:normal;background-image:initial;background-position:initial;background-repeat:initial"><i><span style="font-family:"Cataneo BT",serif;color:gray">Director of Planning & Development</span></i><span style="font-family:"Times New Roman",serif;color:black"><span></span></span></p><p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:normal;background-image:initial;background-position:initial;background-repeat:initial"><i><span style="font-family:"Cataneo BT",serif;color:gray">978-605-2341</span></i></p><p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:normal;background-image:initial;background-position:initial;background-repeat:initial"><i><span style="font-family:"Cataneo BT",serif;color:gray"><span style="color:rgb(17,85,204)"><a href="mailto:dwynne@beverlyma.gov" target="_blank">dwynne@beverlyma.gov</a></span></span></i><span style="color:black"><span></span></span></p><p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:normal;background-image:initial;background-position:initial;background-repeat:initial"><i><span style="font-family:"Cataneo BT",serif;color:gray"><br></span></i></p><p class="MsoNormal" style="color:rgb(0,0,0);margin:0in 0in 0.0001pt;font-family:Calibri,sans-serif"><img width="96" height="96" src="https://ci3.googleusercontent.com/mail-sig/AIorK4zbNZxJsCyRWCG_v5XeP40k0SIejMtV9bI88rBH3TX-dU18gZid40bLszI892YhAXUNWjpWybI"><br></p><p class="MsoNormal" style="color:rgb(0,0,0);margin:0in 0in 0.0001pt;font-size:11pt;font-family:Calibri,sans-serif"><i style="font-family:Arial,Helvetica,sans-serif;font-size:small;color:rgb(34,34,34)"><span style="font-family:"Cataneo BT",serif;color:gray">--</span></i><br></p><p class="MsoNormal" style="color:rgb(0,0,0);margin:0in 0in 0.0001pt;font-size:11pt;font-family:Calibri,sans-serif">
</p><p class="MsoNormal" style="margin-bottom:0.0001pt;line-height:normal;background-image:initial;background-position:initial;background-repeat:initial"><i><span style="font-family:"Cataneo BT",serif;color:gray">When responding, please be aware that the Massachusetts Secretary
of State has determined that most email is public record and therefore cannot
be kept confidential. <br><span></span></span></i></p><p class="MsoNormal"></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div><br></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Wed, Apr 17, 2024 at 11:31 AM Williams, Kathleen via MassPlanners <<a href="mailto:massplanners@masscptc.org">massplanners@masscptc.org</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div class="msg1706495874699508921">
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<p class="MsoNormal">Hi All,<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">The Town of Yarmouth is looking to modify the way we calculate the cash payment for the Fee in Lieu of Affordable Housing. I know this is a topic that has been discussed before and have looked at the more recent responses, but was wondering
how others determine this calculation. <u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Yarmouth is looking at a way to calculate the difference in sale price between the market rate unit and an affordable unit and are proposing the following.
<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal" style="margin-left:0.5in;text-align:justify"><span style="font-family:Calibri,sans-serif">412.4.5 Fee in Lieu of Affordable Housing. Calculation of cash payment.<u></u><u></u></span></p>
<p class="MsoNormal" style="margin-left:0.5in;text-align:justify"><span style="font-family:Calibri,sans-serif"><u></u> <u></u></span></p>
<p class="MsoNormal" style="margin-left:0.5in;text-align:justify"><span style="font-family:Calibri,sans-serif">For each affordable unit not provided within the locus of the development, the fee shall be the difference between the current Median Sale Price*
and the affordable price calculated to be affordable by the Massachusetts Executive Office of Housing and Livable Communities (HLC) Local Initiative Program (LIP)** to a household of four earning no more than 80% of the Area Median Income as set by U.S. HUD
on an annual basis for Barnstable County.<u></u><u></u></span></p>
<p class="MsoNormal" style="margin-left:0.5in;text-align:justify"><span style="font-family:Calibri,sans-serif">* The Median Sale Price is per the most current Warren Group data, adjusted for unit type, and where units in multi-family buildings of 3 or more
units are considered condominium units. <u></u><u></u></span></p>
<p class="MsoNormal" style="margin-left:0.5in;text-align:justify"><span style="font-family:Calibri,sans-serif">** Housing units in multi-family buildings of 3 or more units are calculated as condominium units.<u></u><u></u></span></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Thanks,<u></u><u></u></p>
<p class="MsoNormal">Kathy<u></u><u></u></p>
<p class="MsoNormal"><b><span style="font-size:18pt;font-family:"Times New Roman",serif">----------------------------------------</span></b><span style="font-size:12pt;font-family:"Times New Roman",serif"><u></u><u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:12pt;font-family:"Times New Roman",serif">Kathy Williams, P.E.<u></u><u></u></span></b></p>
<p class="MsoNormal"><span style="font-size:12pt;font-family:"Times New Roman",serif">Yarmouth Town Planner<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:12pt;font-family:"Times New Roman",serif">1146 Route 28<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:12pt;font-family:"Times New Roman",serif">South Yarmouth, MA 02664-4492<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:12pt;font-family:"Times New Roman",serif">(508) 398-2231 Ext 1276<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:12pt;font-family:"Times New Roman",serif"><a href="mailto:kwilliams@yarmouth.ma.us" target="_blank"><span style="color:blue">kwilliams@yarmouth.ma.us</span></a><u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-family:Calibri,sans-serif"><u></u> <u></u></span></p>
<p class="MsoNormal"><u></u> <u></u></p>
</div>
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