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Evaluation of the City of Burlington's Inclusive Zoning Ordinance

Affordable Housing    
Vermont
2017
Municipal
City Of Burlington   
Urban | |
Passed ordinance that applies to any development of 5 or more dwelling units. The ordinance targets 65% AMI for rentals and 75% AMI for sales. Compliance with the ordinance provides developers with density and lot coverage bonus between 15% and 25% in addition to up to 50% parking waiver. Where the average price of units is 0-139% AMU, 15% of units must be affordable. Where the average price is 140-179% AMI, 20% of units must be affordable. Finally, where the average price of units is 180% or more AMI, or is located in the waterfront district, 25% of units must be affordable.