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Sacramento City Council to consider waiving fees for building affordable housing
Sacramento City Council will Tuesday consider a measure aimed to persuade developers to build more affordable housing.
The proposal would waive city-imposed fees developers must pay, but only for new affordable housing units the developer creates, according to a council document.
Those fees go toward helping the city fund services like infrastructure, parks, water and sewer, the document said.
If the measure passes, a developer building a project with 200 affordable units, for example, would save more than $1.8 million in Central City, more than $2 million in the River District and more than $2.6 million in the 65th Street area, according to the document.
Read more: https://www.sacbee.com/latest-news/article220806030.html
