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AgdaPkt 2018-05-21 Joint SA PFA
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AgdaPkt 2018-05-21 Joint SA PFA
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Last modified
5/22/2018 3:10:38 PM
Creation date
5/17/2018 5:10:42 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
5/21/2018
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19. Marin County <br />Marin County requires all for -market residential developers to set aside 20 percent of the project's units -- or make an <br />equivalent number of lots available for construction -- as affordable to moderate income households. In addition, <br />developers of units 2,000 sq. ft. or larger must pay an additional impact fee on the incremental additional square <br />footage. Most commercial developments must pay a direct affordable housing impact fee. In October 2016, the Marin <br />County Board of Supervisors adopted a new fee for rental residential projects and added nursing homes/skilled nursing <br />facilities to the commercial fee schedule. <br />7pe �Maximumurrent[0% <br />Fee Percentage of <br />Justified Fee Maximum <br />Justified Fee <br />(estimated) <br />Single-family detached Not studied inclusionary for developments of two or more units <br />with an in -lieu fee for fractional units. Builders of a <br />single house that is 2,000 sq, ft. and larger pay a direct <br />impact fee of $5 per sq. ft. for square footage between <br />2001-2999 and $10 per sq. ft. for square footage of <br />3,000 sq. ft. and lar er <br />Townhomes/condos Not studied '20% inclusionary w1an in -lieu fee for fractional units _ <br />(Rental multifamily $23,625 per $22,500 per unit or $15 per sq. ft. (Smaller units pay 95% <br />unit or $15.75 less: $5 per sq. ft. for units 500 sq. ft. or smaller; $10 <br />per sq. ft. er sq. ft. for units between 501.1,000 sq_ ft.) <br />Office 7.19 per sq. ft. - - — -- <br />Retail and restaurant $5.40 per sq. ft. - <br />Industrial/manufacturing $3.74 per sq. ft. <br />Hotel $1,745 per room <br />Warehousing/storage '$1.94 per sq. ft. <br />R&D $7.19 per sq. ft. - <br />Nursing homes/skilled $184 to $217 $18 to $21 per sq. ft. 9.7% <br />nursing facilities - per sq. ft. <br />111912017 <br />1 12 <br />
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