Developments that provide affordable housing may be entitled to an impact fee exemption. Applicants seeking this exemption shall make such request by written application. Each application shall be evaluated pursuant to the Idaho Development Impact Fee Act, any amendments thereto, and other criteria established by the city, and be approved by the Impact Fee Administrator.
Affordability of the designated percentage of the development shall be ensured through covenants or deed restrictions at the discretion of the city in consultation with the city attorney.
The exempt development's proportionate share of system improvements shall be funded through a revenue source other than development impact fees. (Ord. 43-16, 12-13-2016, eff. 1-1-2017; amd. Ord. 5-21, 3-9-2021)