PLACERVILLE . INFO

On December 11, 2007, the El Dorado County Board of Supervisors approved the TIM Offset Fee Program policy that 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 Mitigation fees in the development of affordable housing..  The following public notice is scheduled to run in today's Mountain Democrat and Tahoe Daily Tribune:

TRAFFIC IMPACT MITIGATION FEE
OFFSET PROGRAM FOR
AFFORDABLE HOUSING

NOTICE IS HEREBY GIVEN that applications and guidelines for the El Dorado County TIM Fee Offset Program will be available at the Planning Department beginning December 19, 2007. Completed applications may be submitted from January 15-31, 2008.  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 Mitigation Fee Program 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 Mitigation fees in the development of affordable housing.  The TIM Fee Offset Program allows for a reduction of traffic mitigation fees and is not a cash subsidy.  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 may be eligible for Traffic Impact Mitigation (TIM) fees offset under specific guidelines.  Interested parties may pick up a TIM Fee Offset application packet Monday-Friday 8 a.m. to 5 p.m. from Development Services, 2850 Fairlane Court, Building C, Placerville, CA, 95667.  If you have questions you may contact Joyce Aldrich at 530-642-7150.



C.J. Freeland
El Dorado County Housing Programs
550 Main Street, Suite C
Placerville, CA 95667
Phone  (530) 642-7307
Fax (530) 295-2598
cynthia.freeland@edcgov.us