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PL -INFO -0007 (rev 01/25) 5 IN 5 HOUSING INFILL DEVELOPMENT PROGRAM GUIDELINES, CRITERIA & APPLICATION FORM CITY OF PARIS, TEXAS Revised January 13 2025 I. GENERAL PURPOSE AND OBJECTIVES The City of Paris, working with our local government partners, is seeking to provide a series of builder incentives designed to encourage new home construction for the purpose of neighborhood revitalization and the provision of work force housing. New home construction within the existing interior of the community can have a positive effect towards reinvestment in our neighborhoods by providing stability and enhanced character, as well as a means to expand our community's local labor force. Focusing on the existing interior of the City allows the builder to utilize existing infrastructure rather than the extension of costly streets and utilities in undeveloped lands at or beyond the urban fringe. To achieve this purpose, the City will offer a series of incentives depending on the type of housing to be constructed (see Section IV herein): 1. The City will provide low cost residential lots in the Program Area in tax foreclosure city receivership to Applicants for the construction of single-family homes. This incentive is available only for the construction of single-family homes. If an Applicant obtains properties through other traditional means within the Program Area, other incentives within this policy may apply. 2. The City will offer three (3) to five (5) year residential tax abatements of City property taxes attributable to constructed improvements depending on housing type and as reflected in Section IV herein. 3. The City will offer reduced rates on building plan review and permit fees as reflected in Section IV herein. 4. The City will offer reduced rates on labor charges on water and sewer tap fees as reflected in Section IV herein. The city staff will work with Applicants interested in building single-family homes to identify parcels from a pool of tax sale lots in trustee status to develop a list of properties that will be suitable for such construction. Prior to any construction occurring from which the Applicant is seeking incentives, the Applicant will enter into an Agreement to be approved by the City Council for the new construction of residential dwelling units on one (1) or more parcels. Each of the dwelling units subject to the Agreement must be constructed under the terms of the agreement within five (5) years from the date of the Agreement, unless such deadline is extended by subsequent approval of the City Council or unless the City and Applicant agree to a shorter period of time, which deviation shall be reflected in the Agreement. All parcels under the Agreement must be built upon within five (5) years to satisfy the terms of the Agreement. Failure to achieve this goal will result in certain claw backs as provided in the Agreement. All applications shall be considered on a first come, first serve basis, and the City will not maintain a wait list. There will be no income guidelines under this program for occupants of the dwelling units, whether owner Page 1 of 7 rrrr ......... ....... rill r r r / r /rrr>i / / oil / r /% // r , r iii ii iiiiiii � rr r, / o .,/ar/ /�� , //,/i....., yr /i /„rr/�/,,, // � r /� iv/��/, �� / ,'/ / / Mr it -,/ c,1 ! ,,,, ,, ,,----- '.. r