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DRI Mitigation Funds

 

To be approved as a Development of Regional Impact (DRI), a project undergoing Cape Cod Commission regulatory review may be required to address problems resulting from the proposed development; for example, the developer may be required to make traffic improvements or provide affordable housing in a new residential development. 

When it is not practical to correct a problem directly, a developer may be required to contribute a fair share of funds to solve the problem rather than undertake the actual work — a contribution known as 'mitigation'. Funds collected for these purposes are held in a special revenue account by the Barnstable County Treasurer and are tracked by project-by-project. Interest accrues on this account. 

The Cape Cod Commission works with town officials in the affected towns to determine the best use of these funds. Typically, after local officials have identified a project for which DRI mitigation funds can be utilized, a request is submitted to the Commission and a Memorandum of Agreement is executed with the town.

 

DRI Mitigation Funds, by Town, as of 7/1/16

 

  Transportation Open Space Affordable Housing Water Resources Economic Development Hazardous Materials Total
Barnstable* $783,577   $13,637 $4,792 $40,480   $842,486
Bourne* $125,451   $147,051 $578     $273,081
Brewster $57,074           $57,074
Chatham             $0
Dennis             $0
Falmouth $255,016 $28,025   $5,005     $288,045
Harwich $175,552 $166,973   $5,573     $348,098
Mashpee $218,593   $221,611 $466,273     $906,477
Orleans       $2,523     $2,523
Sandwich $85,222 $15,660   $16,074     $116,956
Yarmouth** $582 $36,464 $5,084       $42,129
Sub-Total $1,701,067 $247,121 $387,383 $500,818 $40,480 $0 $2,876,869

 

Previously Provided 

 

  Transportation Open Space Affordable Housing Water Resources Economic Development Hazardous Materials Total
Barnstable* $1,031,247 $388,160 $45,093   $95,122 $52,500 $1,612,122
Bourne* $170,470   $393,907       $564,376
Brewster $2,250           $2,250
Chatham $6,138           $6,138
Dennis $23,652           $23,652
Falmouth $520,204 $109,201   $133,108     $762,513
Harwich $143,627 $75,962   $9,712     $229,301
Mashpee $1,324,293   $60,389 $38,667     $1,423,349
Orleans $70,932 $564,647 $108,601       $744,180
Sandwich $295,868 $26,272 $1,264,298       $1,586,438
Yarmouth** $442,298   $12,350 $16,000     $470,648
Sub-Total $4,030,979 $1,164,242 $1,884,638 $197,487 $95,122 $52,500 $7,424,967

*current agreements obligate some available funds
**A portion of the expenditures for affordable housing were made directly to displaced tenants, not the town.

Slide Show about DRI Mitigation

DRI Mitigation slide show

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