Government
Linkage Fee Approved by City Council, Developers Have Longer to Make Payment
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Charlie BreitroseWatertown City Hall
The City Council approved a linkage fee on large developments that would be used to create affordable housing in Watertown. The ordinance also spreads the fees into two payments and the City can consider offers of housing units or land in lieu of the fee. Before they deliberated and voted, the Council heard from people advocating for changes to the proposed ordinance. Charles River Regional Chamber President Greg Reibman, who represented multiple developers who do business in Watertown, asked to delay the start of the fees until 2024, and phase in the amount starting with $5.56 per sq. ft.