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First Home Investment Zone - Housing Density

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FIRST HOME INVESTMENT ZONE: HOUSING DENSITY (FHIZ) Calculating minimum density

in the FHIZ zone

number equal to 51% of the total developable acres

To calculate the required density, add the number of extraterritorial homes with the number of homes within the FHIZ, and then divide by a number equal to 51% of the total developable acres within the FHIZ.

extraterritorial homes

homes within FHIZ

Allowable number of contiguous acres in FHIZ zone Up to of the total homes can be EXTRATERRITORIAL, or outside of the FHIZ zone

between 10 and 100

Adding eligible extraterritorial homes in the surrounding area (within city limits) decreases the density requirement in the FHIZ zone.

Inside the FHIZ zone

Extraterritorial homes

Density in FHIZ zone

Outside the FHIZ zone Homes per acre

30

6

*

*Density requirement inside FHIZ will decrease as extraterritorial homes are added

Owner-occupied, ‘For Sale’ units

100%

50%

*

*Extraterritorial homes can count towards the owner occupied requirement inside the FHIZ zone

Affordable housing percentage

12%

*

20%

*At least 12% owner occupied and 12% rental homes must be affordable

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First Home Investment Zone - Housing Density by Utah Governor's Office of Economic Development - Issuu