Summary
Developers who skip building affordable units will now pay $10,000 instead of $5,000 per required unit, with the money going to the Housing Trust Fund. That could mean more funding for affordable housing citywide.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Oct 1, 2026.
Impact analysis
Doubles the per-unit developer fee to $10,000, boosting Housing Trust Fund revenue.
Affordable housing programs funded through the Housing Trust Fund.
Developers who choose to pay the fee rather than build affordable units on-site.
Mentions & discussions (1)
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