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This document presents a nexus study analyzing the connection between non-residential development and the need for affordable housing in Oakland. It includes demographic data, methodology for establishing
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How to fill out commercial development linkage fee
How to fill out Commercial Development Linkage Fee Analysis
01
Gather all relevant property information including location, size, and current zoning.
02
Determine the type of commercial development and its potential impact on the local community.
03
Review local ordinances and guidelines related to commercial development linkage fees.
04
Calculate the estimated fees based on the guidelines provided by local authorities.
05
Prepare a detailed report outlining the findings and the calculations made during the analysis.
06
Submit the analysis to the appropriate local government department for review and approval.
Who needs Commercial Development Linkage Fee Analysis?
01
Commercial developers planning new projects.
02
Local government officials responsible for urban planning.
03
Real estate investors assessing potential development opportunities.
04
Community organizations interested in the impact of commercial development on local housing needs.
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People Also Ask about
What is the linkage fee?
Linkage fees, sometimes called impact fees, are an alternative to traditional inclusionary housing programs. They are called linkage fees because they attempt to link the production of market-rate real estate to the production of affordable housing.
What is a linkage payment?
A linkage fee is a fee charged by a local government on real estate developments to raise funds to help pay for the additional needs of the community that result from the additional development.
What is the linkage fee?
Linkage fees, sometimes called impact fees, are an alternative to traditional inclusionary housing programs. They are called linkage fees because they attempt to link the production of market-rate real estate to the production of affordable housing.
What are linkage fees in Massachusetts?
The total linkage fee is $30.78 per square foot for lab space, and $23.09 for other commercial uses. Sixteen percent of the fees support job training and job preparedness programs, while the remaining 84 percent support the creation and preservation of affordable housing.
What is a linkage fund?
A linkage fee is a policy instrument for capturing resources to fund affordable housing development and other public services.
How much is the real estate transfer fee in Massachusetts?
A linkage fee is a fee charged by a local government on real estate developments to raise funds to help pay for the additional needs of the community that result from the additional development.
How much is the linkage fee in Massachusetts?
The total linkage fee is $30.78 per square foot for lab space, and $23.09 for other commercial uses. Sixteen percent of the fees support job training and job preparedness programs, while the remaining 84 percent support the creation and preservation of affordable housing.
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What is Commercial Development Linkage Fee Analysis?
Commercial Development Linkage Fee Analysis is an assessment that evaluates the impact of commercial developments on the need for affordable housing. It calculates the fees that developers must pay to mitigate the impact of their projects on the community's housing needs.
Who is required to file Commercial Development Linkage Fee Analysis?
Developers of commercial properties that are subject to local regulations requiring linkage fees are typically required to file the Commercial Development Linkage Fee Analysis.
How to fill out Commercial Development Linkage Fee Analysis?
Filling out the Commercial Development Linkage Fee Analysis generally involves providing detailed information about the proposed project, including its size, type, potential job creation, and the estimated fee based on the local jurisdiction's requirements.
What is the purpose of Commercial Development Linkage Fee Analysis?
The purpose of Commercial Development Linkage Fee Analysis is to determine the appropriate fees that developers must pay to support the creation of affordable housing in the community, thereby addressing the housing needs created by new commercial developments.
What information must be reported on Commercial Development Linkage Fee Analysis?
Information that must be reported includes project details such as the type and size of development, projected employment numbers, potential impacts on housing demand, and the calculation of linkage fees based on established formulas.
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