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File #: 24-0812    Version: 1 Name: CFF Impact Fees - Affordable Housing Pilot Program
Type: CC- Report Status: Agenda Ready
File created: 10/22/2024 In control: City Council
On agenda: 11/12/2024 Final action:
Title: REPORT - AFFORDABLE HOUSING CAPITAL FACILITIES FEE PILOT PROGRAM BACKGROUND: Development impact fees provide a mechanism for new development projects to contribute financially to the cost of improving and expanding the public infrastructure and facilities needed to accommodate that development. Impact fees are commonly used by local agencies throughout California and in many other states as one of many funding sources for capital improvement programs. Impact fees are a one-time, non-recurring revenue source that is typically collected at the completion of a private development project. While development impact fees are necessary to support public infrastructure, the payment of impact fees may constitute a barrier for the construction of affordable housing. The Planning and Economic Development Department has analyzed the existing impact fee program, progress of housing development, and researched other jurisdictions’ responses to this issue, and will present the Affordable Housing Cap...
Sponsors: Planning and Economic Development
Indexes: Exempt Project, Not a Project
Code sections: 15061(b)(3) - General Rule Exemption, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Resolution, 3. Presentation, 4. Late Correspondence (Uploaded 11-12-2024), 5. Late Correspondence (Uploaded 11-14-2024)
Related files: 24-0278, 22-0918, 19-0437, 18-0371, 18-0728