California Health and Safety Code 50466.5 – (a) On or before January 1, 2024, the department shall create an …
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(a) On or before January 1, 2024, the department shall create an impact fee nexus study template that may be used by local jurisdictions. The template shall include a method of calculating the feasibility of housing being built with a given fee level.
(b) The department may contract with nonprofit or academic institutions to complete the template.
Terms Used In California Health and Safety Code 50466.5
- Contract: A legal written agreement that becomes binding when signed.
- department: means State Department of Health Services. See California Health and Safety Code 20
(Added by Stats. 2021, Ch. 347, Sec. 4. (AB 602) Effective January 1, 2022.)