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File #: 24-0278    Version: 1 Name: Impact of Development Impact fee Waivers
Type: CC- Study Session Status: Agenda Ready
File created: 3/19/2024 In control: City Council
On agenda: 4/9/2024 Final action: 4/9/2024
Title: IMPACT OF DEVELOPMENT IMPACT FEE WAIVERS Community groups have proposed that the City waive all impact fees on affordable housing projects to help ease the financial burden for those projects. Specifically, one advocacy group has asked the City to “enact an emergency ordinance eliminating impact fees for a three-to-five-year period for all multi-family housing service residents 120% AMI and below.” The purpose of this study session is to highlight what fees are charged and why, the types of Capital Improvement Program projects they fund, and the impacts to those projects should these fees be waived.
Sponsors: Finance
Indexes: Not a Project
Code sections: 15061(b)(3) - General Rule Exemption, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1 - Correspondence, 3. Presentation, 4. Late Correspondence (Uploaded 04-09-2024), 5. Late Correspondence (Uploaded 04-11-2024)