Thursday, February 11, 2016

Oakland Is Still Debating What The Impact Fee Should Look Like

The Oakland City Council Community and Economic Development Committee debated for nearly 3 hours a housing impact fee which could generate million of dollars for affordable housing by charging on private developers a one-time fee on new market rate housing construction.
The city staff proposal is being challenged by affordable housing activists who want more than a 5 000 dollar per unit fee. In the meantime, developers want nothing, saying the proposal will hurt Oakland and its ability to attract developers.
Pacifica's Nina Pareja, was at Oakland city hall and filed this report.