AURORA | Developers were slow to take advantage of an infill incentive program in older parts of Aurora, but city staff say that’s changing.
Aurora City Council members will decide Monday whether to extend that program for another two years — it was set to expire Dec. 31, 2018 or by the time the $250,000 funding ran out. There’s currently $186,000 remaining in the fund.
The program was created in 2016 to “focus on smaller scale, commercial and residential projects” within a set boundary, starting at Quincy Avenue to the south and stretching to near I-70 to the north. Tower Road acts a border to the east, and extends to areas around Havana Street to the west.
Those parcels are required to be no more than 10 acres, “where the land along at least 75 percent of the boundaries of the proposed subdivision has been developed for a period of at least 25 years,” according to the 2016 ordinance.
A funding cap of $25,000 is set on projects included in the program. City staff report that eight applications have been submitted for the incentive, seven have been approved.
Council members are also expected to formally approve service agreements with Aurora Sister Cities International, allocating $112,000, and Visit Aurora, allocating approximately $1.8 million.
During the council’s study session, members will approve the 2019 city council meeting schedule, review a federal lobbying contract and see a presentation on community land trusts — presented as a piece of a larger conversation the council has been having about affordable housing.
Currently no community land trusts — where a non-profit organization owns the land and the buyer owns the home — are located in Aurora.
— KARA MASON, Staff Writer