PARK CITY, Utah – Park City Municipal Corporation, Mayor Nann Worel, and the City Council are seeking qualified applicants for appointment to the Lite Deed Restriction Advisory Committee. This committee is designed to review applications and make recommendations to purchase deed restrictions consistent with the priorities of Live Park City – the City’s lite deed restriction program.
“If you are keenly interested in maintaining a sense of community by promoting year-round residency and want to be a part of Park City achieving our goals of housing access, this is an opportunity you shouldn’t pass up,” said Mayor Nann Worel, in a statement.
Modeled after a successful effort by the City of Vail, Colorado, Park City plans to encourage new and existing residents to place deed restrictions on their property in exchange for financial incentives. This program aims to promote year-round residency and workforce housing opportunities by requiring homes to be owner-occupied or remain long-term rentals in perpetuity.
The advisory committee will consist of five members plus a City Council Liaison. All members serve one-year terms for the duration of the pilot program. Members are required to reside or work within city limits, and applicants should demonstrate a general knowledge of land use, affordable housing, development, financing, or local lending/banking.