San Ramon To Codify Inclusionary Regs
The San Ramon City Council is expected to codify its inclusionary housing regulations and adopt a new commercial affordable housing impact fee ordinance at its meeting on April 9, 2019. The city has for years negotiated affordable housing concessions from new development on a project-by-project basis. Under the ordinance, all for-sale single-family projects of 10 or more units must either provide 10 percent of the units to moderate-income households or pay an equivalent in-lieu fee of $15 per sq. ft. All rental residential development projects of 10 more units must set aside 15 percent as affordable — split equally between very-low and low-income — and cannot pay an in-lieu fee. Click HERE to view the agenda and related documents. If adopted, the ordinance will go into effect in 30 days. The council is scheduled to officially adopt the in-lieu rate and the commercial affordable housing impact fee schedule on April 23, 2019. Click HERE to view the draft fee schedule and associated documents. For questions, contact BIA’s Lisa Vorderbrueggen at email@example.com.