At the January 23rd meeting the Santa Clara City Council will consider adoption of an ordinance to codify inclusionary housing requirements and establish housing impact fees for residential, non-Residential and mixed-use developments. On December 5, 2017, the Council adopted a resolution setting initial fee levels, contingent upon the final adoption of this ordinance. The proposed ordinance would establish an inclusionary housing development requirement for new residential projects and impose impact fees on most new non-residential developments. Housing projects of 10 or more units would be required to construct 15% of dwellings at prices and rents affordable to persons of moderate, low, and very low income, with the average income not to exceed 100% of area median income. The resolution also established a phase-in period, pursuant to which applications completed within six months would not be subject to the new requirements, and applications completed within twelve months would be eligible for reduced fees. To read the Staff Report and Draft Ordinance click here.
