Read the full story here Web Link posted Tuesday, July 26, 2016, 10:33 AM
https://n2v.almanacnews.com/square/print/2016/07/26/menlo-park-a-new-tool-for-funding-affordable-housing
Town Square
Menlo Park: A new tool for funding 'affordable' housing?
Original post made on Jul 26, 2016
Read the full story here Web Link posted Tuesday, July 26, 2016, 10:33 AM
Comments
a resident of Menlo Park: Central Menlo Park
on Jul 26, 2016 at 12:21 pm
if Menlo Park already collects "housing impact fees" how much has been collected during the past ten years and how have these funds been spent? Also, what is the city process for deciding how the money is used? Also, saddling developers with new large fee increases AFTER they have already invested in Menlo Park is a very BAD practice. Developers are community investors not ATM machines.
a resident of Menlo Park: Downtown
on Jul 26, 2016 at 12:34 pm
Suggest a slightly lower fee for projects already approved. Create a sliding scale.
a resident of Menlo Park: other
on Jul 26, 2016 at 1:34 pm
I would add on to Dana's question. Where were these fees used and what was the benefit? Who is accountable for reporting the use of the existing tax. Why doesn't the council show how the money was spent as support for this additional tax? First explain how you have used current fees before asking for more.
a resident of Menlo Park: Central Menlo Park
on Jul 26, 2016 at 1:44 pm
I wonder if these proposed fees would also apply to secondary dwelling units? Already very difficult to build because of excessive fees and costs, it would absolutely kill the secondary unit market - a market we desperately need to provide for our service workers.