10 Converse Place Development and Affordable Housing Payment
Major downtown project trades on-site affordable units for a $2M cash payment, affecting housing goals and building height.
The Board approved a five-story option with a $2M payment in lieu after deeming on-site units economically infeasible, plus revenue sharing capped at $1M. Residents split between preserving lower height and securing actual affordable units.
Special permit conditions and design review finalization.
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