Housing Trust approves Payment-in-Lieu bylaw and elects new Vice Chair.
Housing Trust approves Payment-in-Lieu bylaw and elects new Vice Chair. The Trust unanimously endorsed a revised bylaw incorporating a rounding-up mechanism for Inclusionary Zoning calculations, a new Payment in Lieu calculation based on fractional numbers rather than affordability gap, and a
Housing Trust · Meeting of August 20, 2026
WAKEFIELD — Housing Trust approves Payment-in-Lieu bylaw and elects new Vice Chair. The Trust unanimously endorsed a revised bylaw incorporating a rounding-up mechanism for Inclusionary Zoning calculations, a new Payment in Lieu calculation based on fractional numbers rather than affordability gap, and a flexible framework allowing the Trust to amend its calculation as needed. Maureen Hickey moved approval; William J.
Boodry, Jr. seconded. In a separate unanimous vote, the Trust elected Mark A. Iafrate as Vice Chair.
Senior Planner Marissa Meaney reported $900 in remaining ARPA funding and coordination with the Gas and Light Department on utility deposit assistance.
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Source: the Housing Trust meeting of August 20, 2026, compiled from the official minutes.
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