Tonight, the Santa Clara City Council will vote on whether to adopt a new policy on residential and nonresidential impact fees. The City’s impact fees are a critical component in creating an inclusionary housing program that is both financially viable and commensurate with the impact fees of cities across the region. Among the items to be considered in the inclusionary housing policy are a price per a square foot impact fee or a 15% voluntary inclusionary rate for rental housing developments and an incentive for residential construction projects to pay area standard wages. San Mateo County and the cities of San Mateo, Redwood City, Foster City, San Bruno and San Carlos have already passed similar policy on promoting area standard wages through their Housing Impact Fee programs.
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