Aldermen approve 10-year phased tax assessment for Boyden Ridge development after adding marketing plan requirement After extended debate about rents, affordability and residency priorities, the Waterbury Board of Aldermen approved a 10-year phased-in taxable assessment for the 23-unit Boyden Ridge townhome development under Conn. Gen. Stat. §12-65b, adding an amendment that the developer provide a marketing plan; a separate effort to require 50% initial occupancy by Waterbury residents was tabled.

The Waterbury Board of Aldermen has greenlit a 10-year phased tax assessment for the Boyden Ridge townhome project, sparking debates over affordability and local residency requirements.

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