FAQs
1. What fee incentives are available for affordable housing development in Boise?
a. All development-related fees can either be deferred or exempted based on the level of affordability.
2. How long can fees be deferred?
a. Fees can be deferred for the length of construction, up to (2) two years. The deferred fees are required to be paid prior to the issuance of the certificate of occupancy.
3. Can my fees be exempted?
a. Only building permit fees are eligible for an exemption if the project includes at least 50% of units affordable to households making no more than 60% of AMI (Area Median Income) for rental or 100% of AMI for home ownership.
4. Who is eligible to receive fee incentives for affordable housing projects?
a. Any developer or landowner that applies for a building permit to construct new affordable housing units that are for rent or sale in the City of Boise.
5. Are there any caps or limits on the fee incentives a developer can receive?
a. No.
6. How does the city determine the eligibility of a project for fee incentives?
a. Eligibility is based upon the rent charged for each dwelling unit or pricing for homeownership dwelling units. Affordable housing projects that include at least 10% of units affordable to households making no more than 80% of AMI (Area Median Income) for rental or 120% of AMI for homeownership can receive development-related fee deferrals.
7. How do I access the fee deferral/exemption incentive when submitting for a permit?
a. Contact the permit desk at (208)608-7070 or permits@cityofboise.org to request the fee incentive to your permit. Alternatively, if your project has a project manager - contact them to request the fee deferral prior to submittal.
8. Is there a specific timeline for developers to apply for fee incentives in relation to their project timeline?
a. No, the fee incentives are available year-round to any and all affordable housing projects that meet the eligibility requirements.
9. Can fee incentives be combined with other financial incentives offered by the city or external programs?
a. Yes. These fee incentives are meant to aid affordable housing projects and additional funding sources (i.e. government subsidies, tax credits, grants, loans, and other financing tools) are usually required to meet the total development costs.
10. What reporting or documentation is required from developers to maintain eligibility for fee incentives?
a. The affordable housing project must include a deed restriction requiring an affordability period of at least 20 years from the date of Certificate of Occupancy.
11. How do fee incentives contribute to the overall affordability of housing units in a development?
a. These fee incentives typically account for 2-3% of the total development cost.
12. Are fee incentives available for both rental and homeownership affordable housing projects?
a. Yes.
13. Is there flexibility in how developers can use the fee incentives within their project budget?
a. The deferred and/or exempted fees are associated with the projects building permit application and are applied to the cost/credit of the building permit upon issuance.
14. What measures are in place to ensure accountability and transparency in the administration of fee incentives?
a. Ongoing monitoring by the Housing and Community Development Department on an annual basis along with a recorded deed restriction for the affordability requirements are required to fulfill the eligibility for these incentives for a period of at least 20 years.
15. How can developers get support or clarification on questions related to fee incentives?
a. Contact the City's affordable housing project manager for clarification or questions.
16. What support or resources does the city provide during the development process?
a. Projects that are eligible for these fee incentives also received acceptance into Boise's Project Management Program and an expedited permit application.