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EXHIBIT 4 Table 3: City of Oakland Affordable Housing Impact Fees Housing Type Fee Per Housing Unit FY 2019 Multi -family ____ Fee ranges from $3,000 to $221000 Townhome Fee ranges from $1,000 to $20,000 Single-family ___ Fee ranges from $1,000 to $23,000 Alternatives: To be exempt from the impact fee, the developer may instead provide on-site or off- site affordable housing units. On-site: Developers can choose any of the following options for providing affordable housing: 13 • 10% of the total number of housing units in the project are moderate -income units; • 10% are low-income units; or • 5% are very low-income units. Off-site: For affordable units provided off-site, the requirements outlined above apply and the units must be located within one half mile of the development project, unless otherwise exempted. Impact: The impact fee report for FY 2017 includes partial -year information on the initial implementation of the Affordable Housing Impact Fee as it is being phased in. The city collected $478,000 in fees and there is an additional $7.2 million in revenue assessed but is not due yet. 14 At the time of the report, 10 development projects were including on-site affordable housing in lieu of paying the impact fee. These projects translate to 152 affordable units. 15 City of Chula Vista Balanced Communities Policy Background: Chula Vista's Inclusionary Housing program was adopted in 1981 and applies to all residential development of 50 units or more. It is intended to increase affordable housing in new communities in the eastern part of the City. Base Requirement: The program requires that 10% of the total number of dwelling units in a residential development project are to be affordable. At least 5% must be affordable to low-income households and 5% are affordable to moderate -income households. The policy encourages construction of affordable units on the site of the project for for -sale developments. A developer of a rental project who has not received any city assistance may voluntarily fulfill this obligation to not conflict with Costa -Hawkins. 13 Moderate income units are affordable to households earning up to 120% of AMI, low income units are affordable to households earning up to 80% of AMI, and very low-income units are affordable to households earning up to 50% of AMI. 14 Fees are paid in two installments: 50% due prior to issuance of a building permit and 50% prior to issuance of a certificate of occupancy (i.e. project completion). 11 City of Oakland Impact Fees Annual Report Agenda Report, November 2017, littp://www2 oaklandnet com/sovernmeiit/o/PBN/OurOrganization/PlanningZoning/s/Impac Tee/index.htm 10 65B-22