Traffic Impact Fee (TIF) Offset Program for Affordable Housing
The Board of Supervisors has long recognized that high
traffic impact fees, while appropriate to address traffic impacts from
development, have a negative effect on efforts to develop housing affordable
for lower income households. The Traffic Impact Fee Offset Program for
Developments with Affordable Housing Units ( Board
Policy B-14) includes a provision to set aside $1.0 million of
federal and state transportation revenues annually, for a period of twenty (20)
years, to be used to offset Traffic Impact fees in the development of
affordable housing. The Traffic Impact Fee (TIF) Offset Program allows for a
reduction of traffic impact fees and is not a cash subsidy. Only income
restricted units are eligible for the offset. A housing development project of
more than five (5) units where at least twenty (20) percent of the units will
be affordable to very low-, low-, or moderate-income households, or accessory-dwelling
units targeted to the aforementioned income group(s), on owner occupied
property, may be eligible for Traffic Impact fee offset under specific program
guidelines. Applications
for the fee offset will be considered twice each year in January and July. The
Board of Supervisors will award consider approvals for the Traffic Impact Fee
offset based upon the recommendation of the Review Committee and Chief
Administrative Officer . The TIF Fee Offset application is available upon
request. Interested parties may call (530) 621-5747.
Supporting Documents and Links
Table 1 - TIF Fee Offset
Applies to Ownership Units |
Affordability Level |
Very Low |
Low |
Moderate |
20 years | 100% | 75% | 25% |
15 years | 75% | 50% | 0% |
10 years | 50% | 25% | 0% |
Applies to Rental Units |
Affordability Level |
Very Low |
Low |
Moderate |
20 years (minimum) | 100% | 75% | 25% |
Table 2 - Second Units
Existing Homeowner Building a 2nd Unit |
New Construction |
Length of Affordability | % of TIM Offset | Length of Affordability | % of TIM Offset |
20 years | 100% | Not less than 20 years | 100% |
15 years | 75% |
10 years | 50% |
Key Dates
| Applications available at the Development Services Department | December and June of each year |
| *Pre-submission meeting at the Development Services Department is required | ** December 15 and June 15 |
| Questions and requests for additional information accepted | ** December 15 – 30 and June 15 - 30 |
|
Application Submission |
** January 1 - 15 and July 1 - 15 |
| Notification to developer team who failed to meet submission requirements | January 16 - February 28
July 16 – August 28 |
| Advisory Group meetings to recommend projects | January 20 – February 28
July 30 - August 28 |
| Board of Supervisors awards funding | Not later than March 31st and September 30th |
* A pre-submission meeting will be held to ensure that all potential applicants understand the process for submitting petitions. Attendance is strongly encouraged.
** Deadline is at 5 p.m. of the final date. Deadlines that occur on weekends and holidays will be extended to the next business day.
INCOME LIMITS FOR TRAFFIC IMPACT FEE OFFSET | | 2022 State Income Limits for El Dorado County* | Income Category
| Number of Persons in Household
|
| 1 Person | 2 Persons | 3 Persons | 4 Persons | 5 Persons | 6 Persons | 7 Persons | 8 Persons | Acutely Low Income
| 15% AMI
| $ 10,750
| $ 12,300
| $ 13,800
| $ 15,350
| $ 16,600
| $ 17,800
| $ 19,050
| $ 20,250
| Extremely Low Income
| 30% AMI
| $ 21,300
| $ 24,350
| $ 27,400
| $ 30,400
| $ 32,850
| $ 37,190
| $ 41,910
| $46,630
| | Very Low Income | 50% AMI | $35,500
| $40,550
| $45,600
| $50,650
| $54,750
| $58,800
| $ 62,850
| $66,900
| Low Income
| 80% AMI | $56,750
| $64,850
| $72,950
| $81,050
| $87,550
| $94,050
| $ 100,550
| $107,000
| | Median Income | 100% AMI
| $71,550
| $81,750
| $92,000
| $102,200
| $110,400
| $118,550
| $ 126,750
| $134,900
| Moderate Income
| 120% AMI | $85,850
| $98,100
| $110,400
| $122,650
| $132,450
| $142,250
| $ 152,100
| $161,900
| *Effective 3/13/21
| https://www.hcd.ca.gov/grants-funding/income-limits/state-and-federal-income-limits.shtml
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