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Bloomington Opportunity Housing Incentives and Tools for Developers

Opportunity Housing Ordinance

This ordinance requires developers of new housing and substantial housing rehabilitation projects to provide a minimum number of affordable units.

The ordinance provides several incentives to add affordable units, such as:

  • Density bonuses
  • Housing tax increment financing
  • Expedited reviews

The ordinance is comprehensive in scope and helps increase the supply of affordable housing units throughout the city. 

Bloomington Opportunity Housing Incentives and Tools for Developers

Process Overview
 

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Process Overview - Click for PDF version

Affordable Housing Plan

Residential developments of 20 units or more must submit an Affordable Housing Plan to the City of Bloomington as a part of the application for a final site and building plan, a final development plan or for NOAH preservation. An Affordable Housing Plan is not required for a development in which the affordable housing obligation is satisfied by a payment in lieu.  

Developers are encouraged to discuss projects with the Opportunity Housing Advisor and the Planning Division.  

Opportunity Housing Developer Information Session Video

Opportunity Housing Ordinance