TDR Waiting Period Struck Down

The county Planning Commission voted 3-2 against TDR programs incorporating obligatory 8- and 4-year hold periods-as a means to generate capital for the TDR Bank, making actual transfer more likely-opting instead for a plan that is voluntary for the landowner and that correlates the cost of TDR with the market value of the property. Opposed by environmental groups, this plan was the preference of developer Matt Osgood.

event calendar sponsored by: