The Spotlight
Today’s Under the Hood Article Summary:
Napa County has adopted a new housing impact fee schedule to help fund income-restricted housing by collecting one-time fees from new development. The policy targets larger residential and commercial projects, with exemptions for smaller homes and by-right ADUs. Fees are tied to net new square footage and go into a dedicated Affordable Housing Fund for building or preserving affordable units. The policy aims to align the cost of housing impacts with the projects that create them. Annual reports will track key outcomes, including fee collections and housing production.
Beyond today’s discussion, we’re also diving into the latest data from our readers’ polls and providing insights from our economic dashboard, covering local Napa Valley, U.S. and global markets…