HomeMy WebLinkAbout020 Affordable Housing Plan Approval LetterTo: Director of Community Development
Fr: Brit Fontenot, Director of Economic Development
C: Anna Bentley, Director of Community Development
Date: September 14, 2023
RE: Approval of Affordable Housing Plan for Community Development Project the Boötes Site Plan
Pursuant to Sec. 38.200.010.H, BMC, as the duly appointed Director of Economic Development, I am
the review authority for an affordable housing plan submitted pursuant to Chapter 38, Article 3 3,
Division 300, BMC. I hereby approve the attached Affordable Housing Plan for the Boötes Site Plan
(the “Project”). I request you include in your approval of the Boötes Site Plan the following conditions:
1. The applicant and owner, if different, must consent to the City recording a summary of the
affordable housing plan immediately following conditional approval of the Boötes Site Plan.
2. The applicant and owner, if different, must record and provide to the City of Bozeman a Notice
of Restrictions for the Affordable Housing Plan and a Declaration of Restrictive Covenants that
implements the affordable housing plan immediately following condition approval of the Boötes
Site Plan.
The summary of the affordable housing plan and the restrictive covenant must be recorded prior to
issuance of a building permit for the Boötes Site Plan.
The proposed project will provide approximately 71 new residential dwelling units, 4 of which will be
affordable housing units to the City of Bozeman. These units will be a mix of rowhomes and multi-
household dwellings income and rent restricted at 80% of the Area Median Income (AMI) and will
extend the affordability requirements for a period of no less than 30 years. The proposal is utilizing the
Shallow Incentives allowed per BMC 38.380 Affordable Housing, which were created to incentivize the
increased production of affordable housing to meet the needs of city residents and the goals of the
adopted Bozeman Community Plan, and the Community Housing Action Plan.
The review authority has approved the Affordable Housing Plan for the Boötes project and finds that the
plan includes all information required for the City to confirm compliance with the standards and criteria
in BMC 30.380, including the standards in 38.380.030.A Incentives Available. The requested incentives
include a reduction in lot area, lot size, and parking.
The Affordable Housing Plan has been incorporated by reference in the Site Plan documents.
Please include a copy of this memorandum and the approved affordable housing plan in the file for the
Project.