LA Times: Amid housing crisis, Garcetti’s ‘linkage fee’ proposal remains in limbo

LA Times: Amid housing crisis, Garcetti’s ‘linkage fee’ proposal remains in limbo
June 12, 2017 Lei Lani Fera

Following the lead of other California cities, Mayor Eric Garcetti two years ago proposed charging a fee on construction and using those funds to build affordable housing in Los Angeles. The so-called linkage fee — a financing tool already in use in San Francisco, San Diego and Oakland — would raise $100 million a year, city officials say. But amid mounting questions, a City Council committee last week put off a vote on Garcetti’s plan until late July or beyond.

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