Impact Fee Deferral Agreement for Finch 2 Housing
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Description
The ACHD Commission is asked to approve and execute an Impact Fee Assessment and Deferral Agreement with the City of Boise for the Finch 2 Affordable Housing project. The agreement defers ACHD roadway impact fee payments for Phase 2 until issuance of a certificate of occupancy, but no later than October 31, 2027, supporting local affordable housing goals.
Contract Details
Vendor
CITY OF BOISE
Agency
Ada County Highway District, ID
Contract Type
OTHER
Document Date
May 13, 2026
Contract Term
Impact fee payment deferred from building permit issuance to certificate of occupancy, but no later than October 31, 2027
Renewal Date
2027-10-31
Renewal Info
Single-project deferral agreement; impact fee of $66,654.00 must be paid by certificate of occupancy, with an outside deadline of 2027-10-31 before interest accrues and a lien may be imposed.
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