§ 15.68.020. Findings.

The City Council finds and determines the following:

A.

New development of office and warehouse/distribution space creates new employment opportunities in Oakland.

B.

New employment opportunities will attract new workers into the City of Oakland.

C.

Many of those new workers will choose to move their residence to Oakland.

D.

Many of those new Oakland residents will qualify as low and very low income households.

E.

Low and very low income households have difficulty finding affordable housing in Oakland.

F.

New development of office and warehouse/distribution space therefore increases the demand for housing for low and very low income households and exacerbates the housing crisis, and thus there is a clear rational nexus between such development and the need for affordable housing.

G.

Through the payment of an impact fee into an affordable housing trust fund dedicated to affordable housing production, developers of employmentgenerating office and warehouse/distribution projects will mitigate at least a portion of the impact of their developments on the housing market.

H.

The jobs/housing impact fee created by this Chapter serve the public interest and is necessary to protect the health, morals, safety, property, general welfare, well being and prosperity of the residents of Oakland, and is within the home rule powers and police powers of the city.

(Ord. No. 13365, § 7, 5-3-2016; Ord. 12442 § 2 (part), 2002)