Question 1

What is proposed?

Accepted Answer

Highland Flats is a proposed development of 410 rental units on 30 acres and a Catholic building on 10 acres.

Question 2

What type of units will Highland Flats include?

Accepted Answer

Entire project are Rentals, including affordable housing.

Question 3

Will the affordable units be integrated?

Accepted Answer

Affordable Integrated throughout the project.  No distinction between inventory.

Question 4

What is AMI?

Accepted Answer

Area Median Income is the midpoint of a region's income distribution, meaning that half of households in a region earn more than the median and half earn less than the median.

Question 5

Why is AMI important?

Accepted Answer

AMI is used to determine whether or not a housing unit is affordable.

Question 6

Will some units be required to be affordable?

Accepted Answer

Yes. 45% of the total units will be priced based on AMI affordablility.  Including 30 units affordable to those making 30% of the average median income.

Question 7

Yeah, but I bet the "affordable housing" is less appealing than the market priced units."

Accepted Answer

Affordable units are integrated throughout the project and there is no distinction between inventory.  There is an equal mixture of 1BR, 2BR, and 3BR units

Question 8

Will the State and Local governments be giving a tax credit to the developers?

Accepted Answer

No.  A tax credit will not be required to deliver the affordable product.

Question 9

How will you ensure that the affordable units help the residents that actually need it?

Accepted Answer

All residents are required to be primary residents who live and work in Summit County community

Question 10

Won't this cause a traffic nightmare?

Accepted Answer

We have conducted certified traffic studies to determine the best solutions to the traffic issues caused by the additional residents.  The position of the parcel is advantageous to the Park City community and hopefully reduces miles driven by daily commuters.  Public transit is already in place, as are bike paths and trail systems.

Question 11

How much will remain open space?

Accepted Answer

Over 60% of the area remains open space.

Question 12

Won't this block my view?

Accepted Answer

The site slopes down and away over 35 feet, so that development will not create a "wall effect" and will be less visible from the road and neighborhood.