New Report Looks at the Costs of Development Fees in Seven California Cities
Published On March 12, 2018
As part of our recently launched Cost of Building Housing Research Series, the Terner Center has released a new report: It All Adds Up: The Cost of Housing Development Fees in Seven California Cities.
Development fees—which cities levy to pay for services needed to build new housing or to offset the impacts of growth on the community—make up an increasingly significant portion of the cost to build new housing in California.
The report looks at the amount, variability and transparency of development fees in seven California cities—Berkeley, Oakland, Fremont, Los Angeles, Irvine, Sacramento and Roseville.
We invite you to read the brief and a related post on the Terner blog.