Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date15/04/2020
AuthorGOVERNMENT OF CITY FREMONT
Published ByGOVERNMENT OF CITY FREMONT
Edited ByTabassum Rahmani
Uncategorized

Summary of development impact & affordable housing fees

New non-residential construction, including increases in existing floor area, triggers payment of capital facilities, fire facilities, and traffic impact fees and may trigger non-residential affordable housing fees. Any non-residential tenant improvement project that changes the land use category of the existing building to a more intensive use also triggers payment of additional capital facilities, fire facilities, and traffic impact fees. Additionally, a non-residential tenant improvement that changes the land use category of the existing building may also trigger payment of non-residential affordable housing fees.

New development increases the demand for health and safety services provided by the City, affects the quality of the community’s infrastructure, increases the need for public facilities (e.g., roadways, fire stations, and parks), and increases the demand for affordable housing. These fees fund new development’s share of improvement to public facilities to maintain the quality of the community. These fees include: Capital Facilities (general government buildings, land, and equipment), Fire Facilities (fire stations and equipment) ,Traffic (intersections, street improvements, and traffic signals), Parkland (acquisition of parkland),  Park Facilities (park development) and Affordable Housing (lower-income housing development) Fremont uses a range of funding sources to pay for public facilities and affordable housing. These fees are only one source of funding and represent the share of the cost of the improvements generated by new development.

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