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174-46 . 1. Employee Housing for Commercial and Industrial <br /> projects - modeled on the Nantucket By-law, to which references <br /> are made in the Town of Mashpee Comprehensive Plan. A regulatory <br /> change allowing this action _is mentioned as an Action Plan item. <br /> The Town Planner reviewed the new Mplr Dormitory <br /> definition, purpose, and standards: " . . . the Planning Board may, <br /> as a condition of granting a special permit for development in <br /> commercial or industrial zoning district, require applicants to <br /> provide employee housing. . . " Based upon employee income <br /> (affordable . Said housing to be located on the same site as the <br /> proposed development, unless otherwise determined by the Planning <br /> Board,, in which vase construction must comply with the zoning in <br /> effect off site. Evployer dormitories may be allowed by the <br /> Planning -Board in the event meaningful pudic benefiits would be <br /> gained; within 500 feet of the site; not allowed within <br /> residential . <br /> r. Rowley suggested reference be made in Commercial Zone <br /> use, " . . .except as defined under Section 174-3 with respect t <br /> residential use. " As well as some mention of parking space <br /> requirements, " . . . to be determined by the Planning Board,. ". <br /> Possible amendment to Parking By-law. ) <br /> The Town Planner clarified families could not live together <br /> in the dormitory setting; employee housing would consist of <br /> single-family housing or apartments where families could reside <br /> together. <br /> In lieu of providing housing units/dormitories, Applicant <br /> may provide monetary contribution of equivalent value to the Town <br /> of 1ashpee, to be used for affordable housing, said amount to be <br /> agreed upon between the Planning Board and Applicant (equivalent <br /> to market price within the area of proposed development/Median) . <br /> The Town Planner stressed the need to provide flexibility <br /> based upon conditions of the development being proposed; and <br /> confidence in Planning Board decisions. <br /> All proposed ors-site structures must comply with setback, <br /> height, parking and other requirements of this By-law. No more <br /> than eight units within any one structure and all structures <br /> are to comply with Planning Board special permit regulations. <br /> Rent not to exceed thirty percent of gross income of <br /> an eligible household. in the event of sale to an employee, <br /> initial sales price shall not exceed thirty 0 percent of a <br /> monthly mortgage, insurance, and property taxes of the eligible <br /> household gross income. <br /> Permanent deed restriction required, enforceable by the <br /> Planning Board in the event of the sale of said employee housing <br /> units, to include a re-sale restriction. Clarification of CPI, <br /> being Consumer Price Index. - <br />