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Real Estate/Development

Jun. 17, 2003

Build Now, Pay Later

BY CHRISTINE MALAMANIG CREJ Staff Writer A new program allows affordable housing developers in Fremont to build first and pay later when it comes to the city's development impact fees.

BY CHRISTINE MALAMANIG
CREJ Staff Writer

A new program allows affordable housing developers in Fremont to build first and pay later when it comes to the city's development impact fees.

On March 25, Fremont adopted an impact fee deferral program to give affordable housing developers extra help in getting their projects going.

Developers typically pay the fee when a building permit is issued. Under the new program, they would be able to delay...

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