# The city of St. Charles has been trying to encourage residential development and remediation of the former Applied Composites site.

*business · news · 2026-05-18 · Shaw Local Enewspapers*

## Key points

- Pulte Homes requests nearly $3 million in city aid to cover utility line relocation costs.
- Pulte plans to pay a $262,274 fee instead of building required affordable housing units on site.
- The proposed 3.85 dwellings per acre is higher density than previous site plans for this site.
- Council debate centers on the conflict between financial aid and requiring on-site affordable housing.
- A TIF district designation is being considered to support the project's financial structure.

**Companies:** Pulte Homes
**Countries:** United States

[Read the full story on Shaw Local Enewspapers](https://www.shawlocal.com/kane-county-chronicle/2026/05/18/pulte-homes-asks-st-charles-for-3m-incentives-for-development-but-with-no-affordable-housing/)

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