In the interest of making houses more “affordable,” the Albany City Council seems inclined to lower systems development charges on small new single-family dwellings and raise them on big ones. But “affordable” is not a firm number, so whether the idea works is impossible to predict.
As you might expect, replacing the abandoned Kmart department store in Albany with a WinCo supermarket involves a lot of numbers including substantial dollar amounts. Let’s take a look at a few.
Would lower fees make houses affordable?
In the interest of making houses more “affordable,” the Albany City Council seems inclined to lower systems development charges on small new single-family dwellings and raise them on big ones. But “affordable” is not a firm number, so whether the idea works is impossible to predict.
Tags: affordable housing, Albany council, Albany housing, housing, impact fees, systems development charges