Planned Residential Development Moderate Income Eligibility Criteria
In Zoning Bylaw (ZBL) Section 10 Planned Residential Development (PRD), moderate income households are defined as households earning over 80% to 150% of the Area Median Income (AMI). The Zoning Board of Appeals has adopted PRD Moderate Income Eligibility Criteria for moderate income units for Planned Residential Developments based on input from the Regional Housing Services Office, the Concord Housing Development Corporation, the Concord Housing Foundation, and the Planning Board. Adoption of these criteria provides prospective developers with information on the Town’s expectations for a PRD project. It allows the developer to factor these guidelines into their project proposal from the beginning, thereby reducing the potential for issues during the public hearing process.