What is an "Affordable Housing Impact Fee"?

submitted by KQED News on 04/20/16 1

The Oakland City Council approved a new “affordable housing impact fee” at Tuesday’s city council meeting, its first legislative step in addressing Oakland’s rapidly increasing cost of living since passing a temporary rent freeze two weeks ago. Read more: ww2.kqed.org/news/2016/04/20/oakland-city-council-approves-new-affordable-housing-impact-fee

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