City of San Jose Affordable Housing Impact Fee
The City of San Jose Housing Department has released an update on the Affordable Housing Impact Fee (AHIF) including detailed information on the pipeline exemption process and potential fees associated with implementing the AHIF and other programs. On November 18, 2014, the San Jose City Council established an AHIF of $17 per net square foot on all market-rate multi-family housing developments of three or more units that have not pulled all building permits by June 30, 2016. For development projects that are ready in the pipeline, the AHIF does include a grandfathering exemption(s), contingent upon certain conditions. Proposed program fees include a housing review fee, a pipeline application processing fee, a pipeline annual fee, and an inclusionary processing fee. To view the update presentation click here and more explanation of the proposed fees click here.