Search ▸ Agenda item attachment
COM 969 #2019 : An anonymous communication was received, regarding Zoning Ordinance.
⚠ This document is a scan; its text was recovered by optical character recognition and may contain errors. The original PDF is authoritative.
Policy Order #3 Linkage fee:
Councillor Zondervan, Councillor Siddiqui, Councillor Carlone,
Mayor McGovern
That section 11.202(b) of Article 11.000, entitled SPECIAL
REGULATIONS, of the Zoning Ordinance of the City of Cambridge,
be amended the table as follows: January 28, 2020 (Annual
Adjustment) $19.10 per square foot
Cambridge Residents Alliance has supported more city funds for
affordable housing from its beginning. In 2013, we stated the
incentive zoning or "linkage fee" paid by commercial developers
should be raised, and in 2015, the city released a study supporting
an increase and the Council voted to increase the fee from $4/sq.
ft. to $12 with annual increases (this was not as much as the $24
we had proposed.)
Now the city has done a new study, which says there should be a
$2/sq. ft. increase to $19.10, and that a fee of $33 would be
needed to create enough affordable housing to compensate for
the impact of more commercial space. The policy order would
start the process of changing the ordinance to increase the fee,
while the Council decides next year if it would also like a higher
fee. This increase could result in significant funds for affordable
housing.
Policy Order #6 Real Estate Transfer Fee:
Councillor Carlone, Councillor Zondervan, Councillor Siddiqui
That the City Manager instruct the City Solicitor to provide and
update on the previous two orders requesting draft legislation for
a Real Estate Transfer Fee Home Rule petition
Several cities and towns including Boston, Brookline and
Somerville are in the process of sending home rule petitions to
the state legislature to ask permission to impose local transfer
fees on real estate sales. There also is a bill before the House and
Senate to enable cities and towns to impose such fees without
seeking a home rule petition. The Council has twice (in 2017 and
early this year) asked the city solicitor to draft a home rule
petition for a transfer fee, and this order renews that request. The
fee would be used to fund affordable housing. The percentage
could be graduated based on the sale price, and various
exemptions could be created.