Waterfront Commission Notice of Proposed Rulemaking
The comment period on the Waterfront Commission’s proposed Calculation, Payment and Use of Fees in-Lieu of Affordable Housing is through July 25, 2018. Comments may be emailed to Pamela Sherrill, Waterfront Commission executive director at firstname.lastname@example.org or mailed to her attention at City Hall, 145 Taunton Avenue, East Providence RI 02914.
The East Providence Waterfront Commission Rules and Regulations establish the calculation, payment and use of fees in-lieu of constructing affordable housing units in the East Providence Waterfront Special Development District (District). The purpose of these regulations is to increase the stock of low- and moderate-income housing in East Providence with a priority on units located within the District, to meet the state goal of ten percent (10%) of housing units affordable to households of low and moderate income. The proposed rule identifies the procedure for a developer to request a fee in lieu of constructing affordable housing units in the District and identifies the procedure for disbursement of in lieu fees to a developer of affordable housing for gap financing.