Tuesday, March 4, 2014 - NEWS RELEASE
San Diego - Mayor Kevin Faulconer applauded the unanimous decision today by the City Council to repeal a significant fee increase on commercial development that would harm the local economy.
The Workforce Housing Offset, also known as the linkage fee, would have increased fivefold under a council-approved plan to raise money for affordable housing projects. A successful signature drive was launched to force a public vote on the issue. The City Council voted to rescind the increase rather than put it on the ballot.
"This repeal of a massive increase to the linkage fee is a victory for jobs and the local economy," Faulconer said. "The City Council made the right decision, avoiding a costly election battle and creating an opportunity to reach a bipartisan compromise to address affordable housing that doesn't negatively impact San Diego's economic development."
Faulconer added, "All of us can agree there is an affordable housing crisis in San Diego and I will work to bring together the business community and housing advocates to find a reasonable solution that benefits San Diegans."
CONTACT: Matt Awbrey at (619) 929-0089 or [email protected]