by
<a href="mailto:davec@awcnet.org">Dave Catterson</a> | Jan 12, 2018
Current law authorizes cities to provide a reduction in impact fees for affordable housing, but requires replacement of those deferred funds with revenues from other sources if more than 80 percent of the impact fee is waived.
Current law authorizes cities to provide a reduction in impact fees for affordable housing, but requires replacement of those deferred funds with revenues from other sources if more than 80 percent of the impact fee is waived. HB 2538 would eliminate the requirement to replace funds from other sources, and clarify that homeless shelters do not trigger requirements for impact fees. AWC is supporting this proposal from the City of Kirkland.
The bill is scheduled for a public hearing in the House Community Development, Housing & Tribal Affairs Committee at 1:30 pm on Thursday, January 18.