Affordable Housing Impact Fee Assistance
Summary
A proposed program would waive up to $150,000 in impact fees per project for affordable and workforce housing, tiered by income — 100% for households at or below 60% AMI. It comes from the $200,000 annual housing fund already approved.
At a glance
- Total mentions
- 8
- Last 30 days
- 3
Rising — discussed at 3 meetings since Oct 22, 2026, up from 2 in the two months before.
Impact analysis
Up to $150,000 per qualifying project drawn from the existing $200,000 annual housing fund — no new money requested.
Affordable housing developers and lower- and moderate-income homebuyers and renters.
Possibly the town's general fund if fee revenue is reduced, though no specific harm was identified.
Mentions & discussions (9)
Town Council Regular Meeting — November 12, 2026
The town may approve a program that helps pay development impact fees for affordable housing projects — a tool to make housing cheaper to build.
Town Council Study Session — November 5, 2026
A proposed program would waive up to $150,000 in impact fees per project for affordable and workforce housing, tiered by income — 100% for households at or below 60% AMI. It comes from the $200,000 annual housing fund already approved.
Town Council Regular Meeting — October 22, 2026
A resident cited the town's own housing needs assessment showing a typical family can afford only about $254,000, while just 137 of 1,000-plus home sales in 2024 went under $300,000 — almost none new construction. He asked staff to report on how many affordable homes the housing plan will actually produce.
Town Council Regular Meeting — September 10, 2026
Resident Ashley Gardekas urged the council to keep building on its housing reforms — like the minimum lot size cut — arguing caregivers, young workers, and growing families can't afford to live in the town they serve.
Special Town Council Regular Meeting (Business) — August 6, 2026
Staff narrowed 89 vacant town parcels down to six for possible surplus sale — two commercial Addis lots, one Spouse commercial corner, and three residential lots. Two multi-family zoned Aquatio parcels could partner with Habitat for Humanity for starter homes, with proceeds feeding the housing policy fund.
[Archived] [Archived] Regular Town Council Meeting Thursday — April 9, 2026
Councilmember Schumacher reported on a regional housing forum working on homes and rentals for teachers, first responders, and first-time buyers — and asked anyone with land or ideas to step up.
[Archived] Regular Town Council Meeting Thursday — March 12, 2026
Housing costs in Prescott Valley have outpaced wages, with nearly half of renters cost burdened. The new plan sets up tools like home repair partnerships, employer-assisted housing programs, fee reductions, and flexible zoning — though it commits no spending without future council approval.
[Archived] Regular Town Council Meeting - Thursday — January 22, 2026
A resident urged the council to set aside lots in the Viewpoint North development for the 'Home of My Own' program, noting the development agreement is silent on affordability.
Need2Know: Senior networking event planned; Light of PV Award nominations close Nov. 15; Town hall on housing affordability planned in Prescott
Need2Know: Senior networking event planned; Light of PV Award nominations close Nov. 15; Town hall on housing affordability planned in Prescott
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