Lawrence city commissioners on Tuesday approved a policy that aims to standardize how the city chooses affordable housing projects to award incentives. Some projects receive funding through the city’s affordable housing trust fund, which comes from a special city sales tax. Lawrence voters in November 2024 approved doubling the affordable housing sales tax to one penny for every $20 spent in town. The funds have supported numerous projects over the past several years. The city’s Affordable Housing Advisory Board, comprised of volunteers who were appointed by city commissioners, make recommendations, and city commissioners ultimately vote on whether to approve them. The new incentive policy provides a definition of “affordable” housing, and it “establishes a clear, consistent framework for evaluating and administering City incentives that support the development of affordable housing,” the memo in city commissioners’ meeting agenda summarizes.
Read more: The Lawrence Times
