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Folsom council approves first reading of updated inclusionary housing fee; staff to return with exemptions to incentivize middle homes
Summary
The City Council introduced Ordinance No. 1359, recasting Folsoms inclusionary in-lieu fee as a per-square-foot charge to reduce administrative burden; staff recommended $3.00/sq ft for most ownership products, $2.50/sq ft for homes under 1,500 sq ft, and retained an exemption for multifamily rentals. Council approved first reading and asked staff to return with targeted exemption options.
The Folsom City Council on Dec. 9 voted to introduce Ordinance No. 1359, updating the citys inclusionary housing in-lieu fee methodology from subdivision-specific calculations to a simplified per-square-foot approach staff says will reduce administrative work and give developers upfront certainty.
Planning Manager Desmond Perrington told the council the new approach is based on a nexus-style analysis assembled by Economic and Planning Systems and would index fees to construction costs so they move with the market. "This approach simplifies significantly the administrative work that staff has to do," Perrington said, explaining the proposal replaces roughly 75 individually tracked subdivision fee levels with a uniform per-square-foot fee.
Amy Lappin, principal with Economic and Planning Systems, walked the council through the three-step methodology used to set a legally supportable fee: quantify the…
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