San Jose to Increase Rental Housing In-Lieu Fees
On October 18 the City of San Jose held an information meeting to provide a preliminary overview of proposed recommended updates to the city’s Inclusionary Ordinance. On November 5th the city council is scheduled to have a “Housing Study Session” where city staff and consultants will make presentations covering (1) Inclusionary Housing Ordinance Recommended Changes for Rental Housing (2) Cost of Residential Development Construction (3) Development Fee Framework Approach (4) Ellis Act Ordinance Changes. Full staff and consultant reports for the November 5th Housing Study Session will be made available on October 25. To read the one-page overview of the IZ recommended changes, click here.