SFMTA looking at expanding Transit Impact Development Fees

Phil Ting's picture

Submitted by Phil Ting on Wed, 03/02/2011 - 12:08am

http://www.sfexaminer.com/local/development/2011/03/san-francisco-reside...

SFMTA is considering expanding its Transit Impact Development Fees from commercial to residential properties. Residential developments would be charged between $5,000 to over $11,000 per unit depending on its size. This would generate much needed revenue for SFMTA from $2 to $5 MM a year.

Is now the time to expand these Fees? What do you think?

SFMTA needs money. We need to improve service nad safety for MUNI. Is this a reasonable way to get the revenue?

Paid for by Phil Ting for Assembly 2012. FPPC ID# 1343137