allocation_distribution_plan.pdf
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This document is an allocation distribution plan dated November 20, 2025 that sets aside approximately 460 EDUs to be divided evenly over the next six fiscal years, resulting in 76 allocations per fiscal year. Each year’s 76 allocations are prioritized into five categories with specific ceilings: residential infill on vacant lots (about 10% = 8 allocations); commercial/industrial projects that deliver significant economic development or jobs (up to 50% = 38 EDUs); residential projects with exemplary design and mixed price points including some affordable units (up to ~40% = 30 EDUs); other commercial/industrial projects only if category 2 is underused (up to ~20% = 15 EDUs); and other residential projects only if category 3 is underused (up to ~20% = 15 EDUs). Any allocations not used in a fiscal year are added to the next year’s available allocations within the same category unless the Town Council specifies otherwise, and the Town Council may grant future-year allocations that cannot be used until the designated future fiscal year.
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ALLOCATION DISTRIBUTION PLAN As of November 20, 2025, there are approximately 460 EDUs available, which shall be divided evenly over the next 6 fiscal years. For each Fiscal year (July 1-June 30) – 76 allocations, prioritized as follows: 1. Residential infill on vacant lots up to approximately 10% - 8 allocations. For the purpose of this section, “infill” shall mean new construction on vacant, underutilized land within already developed areas of Town. 2. Commercial or industrial projects that create significant economic development, job creation, or other community benefits– up to 50% - 38 EDUs. 3. Residential projects that demonstrate exemplary design and include various price points including some that are affordable units– up to approximately 40% - 30 EDUs. For the purpose of this section, “affordable” shall be housing that people making the Town of Centreville median income or less can afford assuming no more than 30% of gross income is applied to the costs of housing (mortgage, PMI, insurance, taxes, and HOA fees, if any). 4. Other Commercial or industrial projects that do not fit into category 2 only if category 2 does not appear that it will be used up during the fiscal year and up to a maximum of approximately 20% - 15 EDUs. 5. Other residential projects that do not fit into category 3 only if category 3 does not appear that it will be used during the fiscal year and up to a maximum of approximately 20% - 15 EDUs. Any allocations not used for any fiscal year, shall be added to the following year’s available allocations within each category, unless otherwise specified by the Town Council. The Town Council may grant allocations for future fiscal years, but the allocations shall not be used by the developer until the future fiscal year.