Since an incentive to spur new housing construction was rolled out in 2015, 29 new homes have been built in Annandale over the past three years.
|Home building in Annandale peaked between 2001 and 2005, when permits were issued for 228 single-family dwellings, or almost 46 units per year. The pace has slowed considerably since then, but the trend began rising again in 2014. (Advocate graphic)|
All but one of those homes have taken advantage of the housing incentive instituted by the city council, consisting of waiving sewer and water connection charges. That amounted to a $6,900 savings in 2017.
At its meeting Monday, Jan. 8, the city council debated whether to extend the incentive for 2018, before agreeing in principle to offer it for a maximum of eight homes valued at $195,000 or greater. No vote was taken, and before it is approved at the Feb. 5 meeting, further adjustments could be made.
Tuesday, January 16, 2018