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Lafayette hears study that would raise affordable-housing fees for new development; council debates mitigation rates and incentives
Summary
Consultants presented a nexus study showing a defensible residential linkage fee and recommending a mitigation rate range (15–25%) that would translate to roughly $5–$10 per square foot for many residential projects; councilors questioned assumptions and asked for tiering, incentives and further feasibility detail.
City consultants presented preliminary findings of an affordable-housing linkage (impact-fee) study at the March 17 council meeting and recommended ways the city could update its fee ordinance to generate more revenue for affordable housing while minimizing harms to development feasibility.
"That translates into a maximum defensible fee of around $34 to $38 per square foot," said Matt Prosser, principal with Economic and Planning Systems, summarizing the study's linkage calculations for residential development. Prosser explained that the study estimates the per‑unit impact of new…
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