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Page 7 of 12 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />2.City Would Receive Approximately $26 million in Impact Fees: The City could receive the <br />following impact and capacity fees if the projects were to move forward. The fees listed below <br />are estimates based on initial project submissions’ final fees are assessed based on final project <br />plans submitted during Building Permit plan review phase. <br />Table 3: <br />Estimated Fees If Projects Proceed to Construction <br />Fee Category Fee Estimate <br />Affordable Housing Impact Fee $3,505,649 <br />Park Impact Fee $17,351,981 <br />Transportation Impact Fee $2,967,993 <br />Water Capacity Fees9 $1,234,406 <br />Sewer Capacity Fees7 $576,267 <br />Totals $25,636,296 <br />3.Increased Alignment With Other Cities: The City’s AHO requires a slightly higher percentage of <br />affordable units compared to many neighboring jurisdictions (20% vs. 15%). The Affordable <br />Housing Incentive Program would temporarily align the City’s requirements more closely with <br />those of surrounding communities. <br />4.Reductions Are Lower Than Other Cities: Other Bay Area jurisdictions have provided developers <br />with much greater concessions. For example, the City of San Francisco has provided a 45% <br />reduction (22% affordable unit requirement reduced to 12% affordable unit requirement) for <br />pipeline projects. <br />5.New Residential Development Typically Prompts Economic Development: If projects do not <br />move forward, the City loses out on new housing, impact fees, infrastructure improvements, and <br />the economic development benefits that typically accompany new residential development. <br />On August 19, 2025, the Planning Commission voted 5-1 to adopt a Resolution recommending that City <br />Council adopt an Ordinance approving the Affordable Housing Incentive Program (Attachment D). The <br />Planning Commission was supportive of the program and staff’s proactive efforts to increase housing <br />production and meet the City’s RHNA goals. One Planning Commissioner had concerns about not having <br />enough community outreach and input from the Housing & Human Concerns Committee. Two Planning <br />Commissioners noted a need for staff to closely monitor the program’s effectiveness over the next six to <br />nine months and to consider providing other ways to be flexible, as needed. There was one in-person <br />public comment and one public comment read into the record at the hearing, both in support of the <br />program. There was one email provided as part of the Planning Commission packet. Staff notes that the <br />incentive program requires application by the developer and approval by the City Manager which will <br />provide an opportunity to closely monitor the program’s effectiveness <br />9 Water and Sewer Capacity Fees are roughly estimated during the project approval phase but formally calculated <br />according to the City's Master Fee Schedule during the building permit plan review process based on the final <br />construction plans. <br />10.A. - Page 7 of 31 <br />216