2017-04-03 AC-min - Laserfiche WebLink

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04/03/2017 AC Minutes ➢ By including a public benefit, such as some affordable housing; ➢ By building a Balanced Housing Development (BHD) with multiple units; as long as the total gross floor area (GFA) of all units meets the GFA restrictions currently allowed, there are no restrictions on the number of units that can be built on a lot or an assembled cluster of lots; ➢ By creating a site -sensitive development that incorporates environmental considerations. Article 40 proposes a sliding scale for BHD's that would reduce the allowed GFA on the site as the number of units is increased but allow a "density bonus" to compensate. The result is that as building mass decreases, the number of residents on the site can be expected to increase because there would be more units. Mr. Daggett presented a financial analysis of the proposed bylaw change taking into account the effect of increasing density on both tax revenue and the demand on Town services, including the schools. The analysis indicated that a BHD for a development containing up to 18 housing units on a lot that would otherwise support 6 units "by right," might result in a net financial loss to the Town of up to $300,000 per year depending on the additional number of units allowed. (Mr. Daggett subsequently acknowledged that the analysis is flawed because it was based on a misinterpretation of data from the Enrollment Working Group's 2014 report.) Mr. Daggett noted that the Planning Board continues to develop details on the proposed bylaw changes in Articles 40 and 42, including requirements for affordable housing and/or open space. It isn't clear whether the proposed bylaws would impact property values in the area of a BHD or a two-family house. He questioned whether it is advisable to move forward on these articles given the time constraints and the current lack of clarity on the details of the proposals. Members of this Committee generally agreed that there would not be time to analyze and prepare a written report on these articles, particularly where the motions and the Planning Board reports are not yet available. 3. Next Meetings The next meeting is on April 5. This Committee will not meet on April 10 because of Passover. This Committee has not yet taken a position on Article 44 Amend Zoning Bylaw Brookhaven (Owner Article), which is expected to be brought to Town Meeting on April 12. 4. Adjourn The Committee adjourned at 7:25 p.m. The documents used at the meeting are listed below. Respectfully submitted, Sara Arnold, Recording Secretary Approved: May 15, 2017 Exhibits • Agenda, posted by John Bartenstein, Chair • Preliminary Draft for Discussion: Table identifying BHD financial impacts as identified by Mr. Daggett 2