From Village Hall · lake worth beach

Affordable Workforce Housing

Tue, Sep 1

About the Program The City of Lake Worth Beach is committed to providing sound, high-quality, attractive housing options to all segments of its population as well as to encourage new residents. As housing has become more scarce and more expensive, the City has adopted an official affordable/workforce housing program to address the significant housing shortages in Palm Beach County. The program is an inclusionary means of requiring developers to provide attainable housing in all projects requesting density, intensity and/or height bonuses under its Sustainable Bonus Incentive Program, Transfer Development Rights Program or Affordable Housing Bonus Program. What are the incentives for developers? Tier One Incentives: applies to all development projects consistent with these provisions: Up to a fifteen percent (15%)…

Summary by Wellington Roundup, from City of Lake Worth Beach official website. The full story is at the source; we link, we don’t reprint. Provenance: lakeworthbeachfl.gov public sitemap page (community).