New, Large Developments in Watertown Will Now Chip in to Fund Affordable Housing

WATERTOWN – The Watertown City Council voted unanimously this week to adopt a zoning ordinance creating a linkage fee. Certain new developments over 30,000 square feet will pay a fee that will be used to create and sustain affordable housing in the city. The council approved the Planning Board’s recommendation of a linkage fee of $11.12 per square foot. The ordinance does include an option for developers to offer affordable housing units or land in place of paying the fee. Read the zoning amendment here.

https://www.youtube.com/watch?v=T2o06CPXzMY