Government
See How Much the City Proposes Charging New Developments to Fund Affordable Housing
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Watertown City Hall
The City of Watertown recently received approval from the state to charge linkage fees on new developments to raise money to create affordable housing. A zoning amendment has been proposed that would set the fee to be paid by new developments. The special legislation approved by the Legislature and signed by Gov. Charlie Baker in December allows Watertown to charge up to $18 per square foot on projects over 30,000 sq. ft. The exact amount must be set by amending the Watertown Zoning Ordinance.