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SMITHFIELD – The Smithfield Planning Board has revamped the town’s housing chapter to reflect what officials say is a more realistic deadline to achieve a 10 percent state mandate of low-to-moderate-income housing in town: 2060.
During the Feb. 24 Planning Board meeting, Town Planner Michael Phillips described plans to eliminate the contentious Table H-25, which targets properties in Smithfield capable of sustaining high-density LMI housing. Changes will need to go before the Town Council for approval.
To compensate for its removal and to have a viable planning strategy to reach 10 percent LMI, Phillips said the timeline needed to be extended from 2040 to 2060.
Currently, the town is at 5.97 percent LMI with 468 of 8,166 total housing units being LMI. To reach 10 percent LMI by 2060, the town will need 973 LMI units out of a total of 9,726 units. According to Jeff Davis, of the Horsley Witten Group, those figures are reachable if one-third of all new housing developments are L