4.29 18-2387 Subject: Affordable Housing Impact Fee Ordinance
From: Council President Kaplan
Recommendation: Adopt A Ordinance Amending Oakland Municipal Code Section 15.72 To; Allow Direct Payment Of Affordable Housing Impact Fees To Qualified Local Non-Profits, Include Affordable Housing Impact Fee Revenue Projections In The City Budget, Provide To The Public And The Council An Annual Report Of Funds Received, Anticipated Future Payments, Reductions And Exemptions, And Incentivizing Developers To Pay 100% Of Their Fee In The First Installment; On The November 12, 2019 Community And Economic Development Committee Agenda