Earlier editions: 2026-09
Title 4 — REVENUE, FINANCE AND BUSINESS TAXES›Chapter 4.80 — FUNDS
San Jose Municipal Code Part 79 Affordable Housing Impact Fee Fund
San Jose Municipal Code · 2026-10 edition · updated 2026-10-04 · San Jose
Cite as: San Jose Municipal Code Part 79 · Text as of 2026-10-04
4.80.4690 - Affordable housing impact fee fund established.¶
There is hereby created and established the "Affordable Housing Impact Fee Fund."
(Ord. 30615.)
4.80.4700 - Source of monies.¶
On November 18, 2014, the San José City Council approved the adoption of Resolution No. 77218 establishing the Housing Impact Fee now referred to as the Affordable Housing Impact Fee ("AHIF") to help address the need for affordable housing connected with the development of new market rate residential rental units. The AHIF requires market rate residential projects to pay an impact fee per square foot. The AHIF increases by 2.4% annually. The source of monies budgeted and accounted for in the Affordable Housing Impact Fee Fund shall be monies received pursuant to Resolution No. 77218 and as subsequently amended.
(Ord. 30615.)
4.80.4710 - Expenditures.¶
Monies in the Affordable Housing Impact Fee Fund, including repayments of loans made, shall be expended as authorized by the City Council for use in accordance with Resolution No. 77218 and as subsequently amended.
(Ord. 30615.)
4.80.4720 - Interest.¶
Interest which accrues from monies in the Affordable Housing Impact Fee Fund shall be credited to this Fund.
(Ord. 30615.)
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