Oakland may halt its housing growth with new fees

  • The proposed fees have a long way to go before they are approved
  • The city has a pipeline of housing development, but acknowledges only limited development has commenced
  • Appears some multifamily developments may be delayed or nixed in the city moving forward.

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Inman Connect New York | January 29 - February 1, 2019

Maximum new housing fees proposed by the city of Oakland are unlikely to be the actual rates approved; however, the city’s intent to noticeably increase the cost of new housing projects should alert builders. In a recent study, the city unveiled the maximum fees it could charge homebuilders and developers for housing projects.

For single-family, detached homes the maximum fees range from $64,009 to $110,905, depending on location within the city.