"If we could have instead reinvested that $1.2 billion into new affordable housing, that could have been 5,000 families that would be off the streets or stably housed or in a much better condition."
"If the infrastructure doesn't exist, you have to create that infrastructure. And since we're limited in how we can charge or generate revenue to fund that infrastructure, it really falls on the development community."
Fees and impact charges add thousands of dollars to the cost of individual affordable apartments, diverting funds away from building units. An estimated $1.2 billion in such charges could have funded roughly 5,000 family households. Property tax limits under Prop 13 constrain municipal revenue, increasing reliance on development fees to pay for sidewalks, sewer upgrades, parks, schools, and transit connections. Limited local revenue options shift infrastructure funding burdens onto projects, shaping project design, amenities, unit mix, and construction timelines. Higher impact fees can reduce the number of family-sized apartments relative to studios and one-bedrooms.
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