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Information for Contractors & Developers:
Thank you for your commitment to complying with the Inclusionary Zoning Ordinance of the City of Lynn. Ensuring affordable housing options for our community is a shared responsibility, and your cooperation is essential.
Here's a step-by-step guide to navigating the Inclusionary Zoning process:
1. Building Permit Application:
- Start the process by submitting your building permit application through the City of Lynn's Inspectional Services Department. Ensure that all required documentation for your project is included.
2. Location-Based Calculations:
- Depending on your project's location in Lynn, different calculations for the Inclusionary Zoning fee will apply.
- Be aware that these calculations change annually based on Average Median Income (AMI) limits set by Massachusetts HUD. Consult the current AMI limits for accurate calculations.
3. Review Process:
- The Inspectional Services Department will thoroughly review your project information.
- if all relevant documentation is received and approved, a letter will be sent directly to you, detailing the Inclusionary Zoning in-lieu fee or the number of on-site units required, based on the project's total units.
4. Payment Schedule:
- If an in-lieu fee is applicable, 50% must be paid at the time of building permit release.
- The remaining 50% is due at the time of the Certificate of Occupancy.
5. On-site Units Provision:
- If you choose to provide on-site units instead of the in-lieu fee, this must be clearly communicated during the project information submission. On-site units are 10% of the additional units built, ex: 10 additional units = 1 on-site units.
Important Notes:
- In-lieu fee calculations are project-specific and change annually based on AMI limits.
- Payments must align with the building permit release and Certificate of Occupancy milestones.
- On-site unit provision exempts the in-lieu fee but requires compliance with the Inclusionary Zoning Ordinance.