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6.F. - Page 30 of 31 <br />Attachment B <br />things, an ordinance to provide a mechanism to increase the supply <br />of affordable housing in the City pursuant to Housing Element <br />Programs H- 3 and H- 14. To implement the affordable housing goals, <br />policies and programs of the Housing Element, the City Council <br />considered and introduced on this same date an affordable housing <br />ordinance that, among other things, authorizes the imposition of <br />housing impact fees for certain residential and nonresidential <br />development projects to mitigate the impact of such projects on the <br />need for affordable housing in the City (the "Affordable Housing <br />Ordinance"). To ensure that future development projects mitigate their <br />impact on the need for affordable housing in Redwood City, and to <br />ensure that any adopted housing impact fees do not exceed the actual <br />affordable housing impacts attributable to the development projects to <br />which the fees relate, the City agreed to participate in the preparation <br />of a nexus study through the countywide 21 Elements collaboration <br />project. The City has received and considered reports from Strategic <br />Economics and Vernazza Wolfe Associates, Inc., dated September <br />2015 entitled "Residential Impact Fee Nexus Study" and "Commercial <br />Linkage Fee Nexus Study" ( together, the "Nexus Study"). The Nexus <br />Study uses widely used, appropriate methodology to determine the <br />maximum amount needed to fully mitigate the burdens created by <br />residential and nonresidential development on the need for affordable <br />housing. To ensure that development projects remain economically <br />Page 6 of 7 <br />ATTY/RESO.0005/CC RESO FY 17-18 DEVELOPMENT FEES <br />REV: 01-18-19 DZ <br />330 <br />