Linkage fee ordinance moves forward
with 4-1 vote

It needs final approval from City Council

TRD LOS ANGELES /
Oct.October 12, 2017 08:00 AM

Los Angeles City Council’s Planning and Land Use Management Committee (PLUM) approved a draft of the linkage fee ordinance on Tuesday, Curbed reported. The ordinance will now head to the Housing Committee and then to City Council for final approval.

The highly-debated linkage fee would require commercial and residential developers to pay a fee of up to $15 per square foot of new development. New construction in “high market” areas, such as Venice or Hollywood, would bear the highest fees. Developers with projects in “low market” or “medium market” areas would pay under $10 per square foot.

The funds raised from the ordinance would be used for affordable housing.

Council member Mitch Englander provided the singular dissenting vote on the basis that nonprofits should be exempt from the fee. [Curbed]Natalie Hoberman


Related Articles

arrow_forward_ios
The development site for the planned 207-unit complex (Credit: Google Maps)

Mapleton Properties plans 207-unit complex in Palms

Mapleton Properties plans 207-unit complex in Palms
City Controller Ron Galperin( Credit: Ron Galperin/Wikipedia)

LA controller finds just 228 homeless housing units built with $1.2B bond

LA controller finds just 228 homeless housing units built with $1.2B bond
Jose Huizar and Nury Martinez (Credit: Desiree Stone/Getty Images)

LA City Council moves to “close loopholes” in the development process

LA City Council moves to “close loopholes” in the development process
Jose Huizar (Getty)

Huizar indicted on 34 counts related to bribery and corruption scheme

Huizar indicted on 34 counts related to bribery and corruption scheme
Mike Bonin and David Ryu

LA Council rejects stronger eviction protection measures

LA Council rejects stronger eviction protection measures
LA City Hall

DTLA resi project at center of bribery probe: report

DTLA resi project at center of bribery probe: report
The coronavirus pandemic could worsen California’s affordable housing crisis

COVID-19 exposes the utter dysfunction plaguing affordable housing development in California

COVID-19 exposes the utter dysfunction plaguing affordable housing development in California
Nury Martinez

LA considers emergency rent relief program

LA considers emergency rent relief program
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...