Albany Considers Affordable Housing Fee
The Albany City Council will deliberate on April 3, 2017, whether or not to pursue affordable housing impact fees based on a nexus study that purports to support fees up to $44 per sq. ft. on new residential housing and $113 to $240 per sq. ft. on commercial development. While Albany is a small inner East Bay community of less than 20,000 people, its nexus study was prepared as part of a coordinated work program for 12 jurisdictions in Alameda and Santa Clara counties. The final outcome will influence — and be influenced by — the other agencies. Click here to view and download the agenda. For comments or questions, contact BIA’s Lisa Vorderbrueggen at 925-348-1956 or email@example.com.