Memorandum from Ortiz, Cohen, Mulcahy, and Casey
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This memorandum from Councilmembers Ortiz, Cohen, Mulcahy, and Casey addresses the exploration of a scaled development fee framework and deferred development impact fees. It recommends that the City Manager evaluate options for aligning development fees with project characteristics and develop programs for deferred fee payments at the Certificate of Occupancy stage. The memorandum also suggests aligning the city's Notice of Funding Availability cycle with the State's Business Cycle to support housing production and economic development.
Key points
- The memorandum is directed to the Rules and Open Government Committee.
- It recommends evaluating a scaled development fee framework based on project characteristics.
- It suggests developing deferred fee payment programs to reduce early financing burdens.
- It proposes aligning the city's funding availability cycle with the State's Business Cycle.
- The memorandum emphasizes the need to support housing production and economic development.
Limitations
- The document contains unresolved placeholders such as specific dates and approval details.
- The context of the recommendations is limited to the challenges faced by San José regarding housing affordability and economic competitiveness.
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